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Agenda - 07/22/2009 - Police Pension Fund BoardvJ �9\ 0 0 fr � r q�t • CALL TO ORDER 2 ROLL CALL BOARD OF TRUSTEES OF POLICE PENSION FUND SAMUEL E. DEAN BOARD ROOM OF THE BUTLER GOVERNMENT CENTER 1200 OAK BROOK ROAD OAK BROOK, IL 60523 630- 368 -5000 Special Meeting Agenda Wednesday, July 22, 2009 6:00 p.m. AGENDA 3 PRESIDENT'S COMMENTS a Introduction of newly appointed trustee b Lowery Presentation to members of first six months of 2009 and forecast 4 APPROVAL OF MINUTES a Approval of Board of Trustees Regular Meeting Minutes of May 6, 2009 5 CONSENT AGENDA a Approval of May 1 -28, 2009 checks in the total amount of $144,230 00 b Approval of June 1 -30, 2009 checks in the total amount of $136,462 96 c Approval of Lowery Asset Consulting, LLC invoice in the amount of $7,000 00 for services for first quarter, 2009 d Approval of Illinois Department of Financial and Professional Regulation Division of Insurance's annual Public Pension Funds Compliance Fee in the amount of $5,567 04 e Approval of Lauterbach & Amen, LLP's invoices in the total amount of $1,010 00 for the statements of May 20, 2009 and June 20, 2009 (rate credit for January, 2009 through Apnl, 2009 in the amount of $160 00) f Approval of Pension Clerk Kane's invoice in the amount of $168 75 for the months of April through July 8, 2009 6 ITEMS REMOVED FROM THE CONSENT AGENDA Oak Brook Police Pension Board July 22, 2009 Page 2 of 2 7 UNFINISHED BUSINESS a Approval of Investment Transactions (fourth quarter, 2008), tabled from February 4, 2009 and May 6, 2009 meetings b Approval of Investment Transactions (first quarter, 2009), tabled from May 6, 2009 meeting 8 NEW BUSINESS a MB Financial Investment Management Performance Report as of June 30, 2009 b Lowery Asset Consulting, LLC Reports as of June 30, 2009 c Discussion regarding recent legislation (SB1974) mandating trustee certification training 9 INFORMATION & UPDATES a Scheduling of fourth quarterly meeting In 2009 Tentative Wednesday dates of October 14th, 21st, 28th and November 4th 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