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Agenda - 05/06/2009 - Police Pension Fund Board• 1. CALL TO ORDER 2. ROLL CALL 3 PRESIDENT'S COMMENTS 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, May 6, 2009 7:00 p.m. AGENDA a. Introduction of newly elected Pension recipient trustee b. Report of Special Election of March 26, 2009 4. APPROVAL OF MINUTES a. Approval of Board of Trustees Regular Meeting Minutes of February 4, 2009 5. CONSENT AGENDA a. Approval of January 1 -31, 2009 checks in the total amount of $145,077.96 b. Approval of February 1 -28, 2009 checks in the total amount of $143,522.91 c. Approval of March 1 -31, 2009 checks in the total amount of $129,462.96 d Approval of April 1 -30, 2009 checks in the total amount of $140,703.20 e. Approval of Lowery Asset Consulting, LLC invoice in the amount of $7,000.00 for services for fourth quarter, 2008 f Approval of Lauterbach & Amen, LLP's invoices in the total amount of $6,340.00 for the months of December, 2008 through April, 2009 g. Approval of Midwest Environmental Medicine's invoice in the amount of $395.00 h Approval of Pension Clerk Kane's invoice in the amount of $242.00 for the months of January through March, 2009 i. Approval of Phillip's Flowers Gifts' invoice in the amount of $59.95 for funeral flowers for Trustee Badowski 6. ITEMS REMOVED FROM THE CONSENT AGENDA Oak Brook Police Pension Board May 6, 2009 Page 2 of 2 7. UNFINISHED BUSINESS a. Approval of Corrected Lauterbach & Amen, LLP 2009 Contract for Services, tabled from February 4, 2009 meeting b. Approval of Investment Transactions (fourth quarter, 2008), tabled from February 4, 2009 meeting. 8 NEW BUSINESS a. MB Financial Investment Management Performance Report as of April 30, 2009 b. Lowery Asset Consulting, LLC Reports as of April 30, 2009 d. Approval of Investment Transactions (first quarter, 2009) e. Approval of Physician's Certificate of Disability — Michael Ciolino f. Discussion regarding Contravisory Investment Management Report g. Discussion regarding Coalition for Qualified Plan Status h. Discussion regarding information from Attorney Reimer regarding Supreme Court litigation involving surviving spouse 9. INFORMATION & UPDATES a. Scheduling of third quarterly meeting in 2009: Tentative Wednesday dates of: July 22nd, August 5th, August 19th b. Discussion regarding Annual members' meeting —Vice President Torlo 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 -2131 as soon as possible before the meeting date