Agenda - 07/27/2011 - Police Pension Fund Board8 00441014jlp�i
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, July 27, 2011
7:00 p.m.
AGENDA
1. CALL TO ORDER
2. ROLL CALL
3. PRESIDENT'S COMMENTS
4. APPROVAL OF MINUTES
a. Approval of Board of Trustees Regular Meeting Minutes of April 27, 2011
5. CONSENT AGENDA
a. Approval of April 1 -30, 2011 checks in the total amount of $221,194.96
b. Approval of May 1 -31, 2011 checks in the total amount of $171,302.35
c. Approval of June 1 -30, 2011 checks in the total amount of $158,476.22
d. Approval of Lowery Asset Consulting, LLC's invoice in the amount of $7,000.00, dated March
24, 2011
e. Approval of Illinois Department of Insurance Compliance Fee of $5,280.50
f. Approval of Lauterbach & Amen, LLP's invoices in the total amount of $3,900.00, for services
in February and March, 2011, and including preparation of: Illinois Department of Insurance
Annual Pension Report, year ended 2010, and year end auditor's work papers
g. Approval of Contravisory Investment Management, Inc. invoice for the period April 1 — June
30, 2011 in the amount of $2,937.00.
h. Approval of Dillon Reporting Service invoices in the total amount of $1,469.95
i. Approval of Richard J. Reimer & Associates, LLC's invoice in the amount of $858.90
j. Approval of Reimbursement to Pension Clerk Kane for Illinois Public Pension Fund
Association Conference Registrations (Birdsall and Torlo) in the total amount of $550.00
k. Approval of Pension Clerk Kane's invoice in the amount of $468.75 for the months of
February and April, 2011
I. Approval of Reimbursement to Vice President Birdsall for lodging at conference in the
amount of $132.10
6. ITEMS REMOVED FROM THE CONSENT AGENDA
Oak Brook Police Pension Board
July 27, 2011
Page 2 of 2
7. UNFINISHED BUSINESS
a. Discussion regarding Fiduciary Insurance Contract
b. Discussion regarding Actuarial Services
c. Ratification of Investment Policy as Amended
8. NEW BUSINESS
a. Lowery Asset Consulting, LLC /MB Financial Investment Management Performance Reports
for Second Quarter, 2011
b. Approval of Investment Transactions for Second Quarter, 2011
9. INFORMATION & UPDATES
a. Scheduling of fourth quarterly meeting in 2011:
Tentative Wednesday dates of: October 12'h, 19'", 26th, November 2nd
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.