Agenda - 07/28/2016 - 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
Thursday, July 28, 2016
11:00 a.m.
AGENDA
1. CALL TO ORDER
2. ROLL CALL
3. ELECTION OF OFFICERS
4. PUBLIC COMMENTS
5. APPROVAL OF MINUTES
a. Approval of Regular Meeting Minutes of April 27, 2016
b. Approval of Special Meeting Minutes of June 10, 2016
6. CONSENT AGENDA
a. Approval of April 1-30, 2016 checks in the total amount of $207,376.48
b. Approval of May 1-31, 2016 checks in the total amount of $201,451.35
c. Approval of June 1-30, 2016 checks in the total amount of $204,730.00
d. Approval of Lowery Asset Consulting, LLC’s invoices, dated March 29, 2016 and June 23,
2016, in the total amount of $14,000.00
e. Approval of Lauterbach & Amen, LLP’s invoices in the total amount of $7.725.00 for
professional services in: January, February, March, April, 2016, including Illinois Department
of Insurance, Year-End, and Actuarial Reports (FYE 2015)
f. Approval of Illinois Department of Insurance FY 2017 Compliance Fee in the amount of
$6,596.13
g. Approval of The Mitchell Group’s invoices, dated April 9, 2016 and July 7, 2016, in the total
amount of $5,869.16
h. Approval of Pension Clerk Kane’s reimbursements and timesheet for the period of January
through June 2016, in the total amount of $682.47
i. Approval of Reimer, Dobrovolny & Karlson, LLC’s invoices, dated March 16, 2016 and June
5, 2016, in the total amount of $127.96
7. ITEMS REMOVED FROM THE CONSENT AGENDA
8. UNFINISHED BUSINESS
a. Ratification of Contract with Taiber Kosmala and Associates, LLC
9. NEW BUSINESS
a. Taiber Kosmala and Associates, LLC Report on Second Quarter, 2016
b. MB Financial Investment Management Performance Report on Second Quarter, 2016
c. Approval of Investment Transactions for Second Quarter, 2016
d. Discussion/Action regarding Acting Village Treasurer
Oak Brook Police Pension Board
July 15, 2016
Page 2 of 2
10. INFORMATION & UPDATES
a. Fourth quarterly meeting in 2016 and possible dates: Weeks of October 17th and 24th
11. 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 the Butler Government Center
(Village Hall) at (630) 368-5010 or TDD (630) 990-2131as soon as possible before the meeting date.