Agenda - 01/20/2016 - Police Pension Fund Board
BOARD 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, January 20, 2016
7:00 p.m.
AGENDA
1. CALL TO ORDER
2. ROLL CALL
3. PUBLIC COMMENTS
4. APPROVAL OF MINUTES
a. Approval of Regular Meeting Minutes of October 14, 2015
5. CONSENT AGENDA
a. Approval of September 1-30, 2015 expenditures in the total amount of $209,992.86
b. Approval of October 1-31, 2015 expenditures in the total amount of $210,408.12
c. Approval of November 1-30, 2015 expenditures in the total amount of $196,683.85
d. Approval of Lowery Asset Consulting, LLC's invoice in the total amount of $7,000.00, dated
August 3, 2015 for Second Quarter, 2015 services
e. Approval of Lauterbach & Amen, LLP’s invoices in the total amount of $3,075.00, for services
rendered July, August and October, 2015
f. Approval of Reimer, Dobrovolny & Karlson, LLC invoices dated September 11, 2015 and
November 25, 2015, in the total amount of $1,156.40
g. Approval of Illinois Public Pension Fund Association’s 2016 membership dues’ invoice in the
amount of $795.00
h. Approval of The Mitchell Group’s invoice dated October 5, 2015, in the amount of $2,710.01
i. Approval of Pension Clerk Kane’s timesheet in the total amount of $606.25 for services
rendered January through June, 2015
j. Approval of MasterCard charge of $551.20 on October 15, 2015, for 2016 Pension
Conference Lodging
k. Approval of reimbursement to Board Member for mileage to/from 2015 Pension Conference,
in the amount of $163.30
l. Approval of Illinois Professional Firefighters Association November 6, 2015 pension seminar,
in the amount of $160.00
6. ITEMS REMOVED FROM THE CONSENT AGENDA
7. UNFINISHED BUSINESS: None presented
8. NEW BUSINESS
a. Lowery Asset Consulting, LLC Report on Fourth Quarter, 2015
b. MB Financial Investment Management Performance Report on Fourth Quarter, 2015
c. Approval of Investment Transactions for Fourth Quarter, 2015
Oak Brook Police Pension Board
January 20, 2016
Page 2 of 2
d. Ratification of 2016 Pension Increases
e. Discussion/Action regarding Lauterbach & Amen, LLP renewal
f. Discussion/Action regarding Request for Proposal
9. INFORMATION & UPDATES
a. Scheduling of Second Quarterly Meeting in 2016:
Potential April dates: April 13th, 20th or 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.