Agenda - 10/20/2010 - Police Pension Fund BoardBOARD OF TRUSTEES OF POLICE PENSION FUND
WEST WING CONFERENCE ROOM
OF THE BUTLER GOVERNMENT CENTER
1200 OAK BROOK ROAD
Regular Meeting Agenda
Wednesday, October 20, 2010
7:00 p.m.
AGENDA
1. CALL TO ORDER
2. ROLL CALL
3. PRESIDENT'S COMMENTS
4. APPROVAL OF MINUTES
OAK BROOK, IL 60523
630- 368 -5000
a. Approval of Board of Trustees Regular Meeting Minutes of July 21, 2010
5. CONSENT AGENDA
a. Approval of July 1 -31, 2010 checks in the total amount of $148,713.41
b. Approval of August 1 -31, 2010 checks in the total amount of $144,835.61
c. Approval of September 1 -30, 2010 checks in the total amount of $141,073.41
d. Approval of Lowery Asset Consulting, LLC invoices dated July 2 and September 16, 2010 for
services rendered in the second and third quarters, 2010, in the amount of $14,000.00
e. Approval of Lauterbach & Amen, LLP's invoices in the total amount of $2.700.00, for services
rendered in June, July and August
f. Approval of Contravisory Investment Management, Inc. fees for the period July 1 through
September 30, 2010 in the amount of $1,938.00
g. Approval of Village of Oak Brook invoices regarding use of FOIA System and 2009 Audit Fee
in the total amount of $1,400
h. Approval of Richard J. Reimer & Associates, LLC invoices dated July 19, August 25 and
September 20, 2010 in the total amount of $863.00
6. ITEMS REMOVED FROM THE CONSENT AGENDA
UNFINISHED BUSINESS
8. NEW BUSINESS
a. Lowery Asset Consulting, LLC /MB Financial Investment Management Performance Reports
for Third Quarter, 2010
b. Approval of Investment Transactions (third quarter, 2010)
c. Discussion regarding Investment Policy
d. Discussion regarding Fiduciary Liability Insurance Proposal
e. Discussion regarding Actuarial Assumptions for 2011
f. Discussion regarding Application for Line -of -Duty Disability
Oak Brook Police Pension Board
October 20, 2010
Page 2 of 2
9. INFORMATION & UPDATES
a. Scheduling of first quarterly meeting in 2011:
Tentative Wednesday dates of: February 2nd, February 9th, February 16th, February 23rd
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.