Agenda - 04/27/2016 - Police Pension Fund BoardBOARD OF TRUSTEES OF POLICE PENSION FUND
UPPER LEVEL CONFERENCE ROOM
OF THE BUTLER GOVERNMENT CENTER
1200 OAK BROOK ROAD
OAK BROOK, IL 60523
630-368-5000
Regular Meeting Agenda
Wednesday, April 27, 2016
7:00 p.m.
AGENDA
1. CALL TO ORDER
2. ROLL CALL
3. BOARD COMMENTS
4. APPROVAL OF MINUTES
Approval of Special Meeting Minutes of March 9, 2016
5. CONSENT AGENDA
a. Approval of December 1-31, 2015 expenditures in the total amount of $ 210,447.05
b. Approval of January 1-31, 2016 expenditures in the total amount of $ 207,095.33
c. Approval of February 1-29, 2016 expenditures in the total amount of $ 199,047.16
d. Approval of March 1-31, 2016 expenditures in the total amount of $ 208,353.44
e. Approval of Lowery Asset Consulting, LLC's invoices in the total amount of $14,000.00, dated
October 21, 2015 and January 12, 2016
f. Approval of Lauterbach & Amen, LLP’s invoices in the total amount of $5,445.00, for services
rendered September, 2015 through February, 2016
g. Approval of The Mitchell Group’s invoice dated January 7, 2016, for Fourth Quarter fees in
the amount of $2,582.19
h. Approval of the Fund’s share of the Village auditor’s fees in the amount of $925.00
i. Approval of Pension Clerk Kane’s timesheet in the total amount of $487.50 for services
rendered July through December, 2015
j. Approval of Reimer, Dobrovolny & Karlson, LLC invoices for services rendered November,
2015 through January, 2016, in the total amount of $157.99
6. ITEMS REMOVED FROM THE CONSENT AGENDA
7. UNFINISHED BUSINESS
a. Discussion/Action regarding Actuarial Assumptions
b. Discussion/Action regarding Request for Proposal responses
8. NEW BUSINESS
a. Lowery Asset Consulting, LLC Report on First Quarter, 2016
b. MB Financial Investment Management Performance Report on First Quarter, 2016
c. Approval of Investment Transactions for First Quarter, 2016
d. Ratification of Election Results
In accordance with the provisions of the Americans with Disabilities Act, any individual who is in the need of a reasonable
accommodation in order to participate in or benefit from attendance at a public meeting of the Village of Oak Brook should contact
the Butler Government Center (Village Hall) at (630) 368-5010 or TDD (630) 990-2131, as soon as possible before the meeting
date. VILLAGE OF OAK BROOK
Oak Brook Police Pension Board
April 27, 2016
Page 2 of 2
9. INFORMATION AND UPDATES
a. Scheduling of third quarterly meeting in 2016:
Tentative Wednesday dates in July, 2016: July 13th, 20th and 27th
10. ADJOURNMENT
In accordance with the provisions of the Americans with Disabilities Act, any individual who is in the need of a reasonable accommodation in
order to participate in or benefit from attendance at a public meeting of the Village of Oak Brook should contact Assistant Village Manager
Blaine Wing at (630) 368-5022 or TDD (630) 990-2131as soon as possible before the meeting date.