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Minutes - 02/17/2017 - Firefighter's Pension Fund BoardFO ouN"f VILLAGE OF OAK BROOK BOARD OF TRUSTEES, FIREFIGHTERS PENSION FUND WEST WING CONFERENCE ROOM OF THE BUTLER GOVERNMENT CENTER 12OO OAK BROOK ROAD OAK BROOK, IL 60523 630-368-5000 MINUTES OF A SPECIAL MEETING OF THE BOARD OF TRUSTEES OF THE OAK BROOK FIREFIGHTERS' PENSION FUND FEBRUARY 17,2017 A special meeting of the Board of Trustees of the Oak Brook Firefighters' Pension Fund was held on Friday, February 17,2017 at l0:30 a.m., at the Butler Government Center, Upper Level Conference Room, located at 1200 Oak Brook Road, Oak Brook, lL 60523, pursuant to notice, to conduct special business. CALL TO ORDER: Secretary John Fagan called the meeting to order at l0:30 a.m ROLL CALL: Present: Absent: Also Present: Secretary John Fagan, Trustees George Kouba and Timothy Schlindwein President Michael Erickson and Trustee Mark Fleishman Jason Paprocki, Village of Oak Brook Treasurer; Rick Reimer, Reimer, Dobrovolny & Karlson, LLC; Allison Barrett and Allie Rysell, Lauterbach & Amen, LLP PUBLIC COMMENT: There was no public comment. DISCUSSION/POSSIBLE ACTION _ ROBERT CRONHOLM PENSION DISCREPANCY: The Board discussed Robert Cronholm's pension discrepancy with Attorney Reimer and Ms. Barrett. CLOSED SESSION (if needed): A motion was made by Trustee Fagan and seconded by Trustee Schlindwein to enter into closed session at 10:41a.m. under 5 ILCS 12012(c)(l l) for the purpose of discussing probable litigation based upon the finding that litigation is imminent or probable regarding Robert Cronholm's pension discrepancy. Motion carried by roll call vote. AYES: Trustees Fagan, Schlindwein and Kouba NAYS: None ABSENT: Trustees Erickson and Fleishman A motion was made by Trustee Kouba and seconded by Trustee Schlindwein to resume open session at 1 1:28 a.m. Motion canied by roll call vote. AYES: Trustees Fagan, Schlindwein and Kouba NAYS: None ABSENT: Trustees Erickson and Fleishman The Board noted that no action was taken in closed session. A motion was made by Trustee Fagan and seconded by Trustee Schlindwein to authorize Lauterbach & Amen to send a letter to Robert Cronholm to noti$ him of the overpayment of benefits and to Oak Brook Firefighters' Pension Fund Minutes of Meeting - February 17,2017 Page2 of? direct Attorney Reimer to notiff the fiduciary liability insurance carrier of this discrepancy. Motion carried by roll call vote. AYES: Trustees Fagan, Schlindwein and Kouba NAYS: None ABSENT: Trustees Erickson and Fleishman Further discussion will be held at the next regular meeting. ADJOURI{MENT: A motion was made by Trustee Kouba and seconded by Trustee Schlindwein to adjourn the meeting at ll:32 a.m. Motion carried unanimously by voice vote. The next regular meeting of the Oak Brook FirefTghters' Pension Fund will be held on Thursday, April 20, 2017 at 9:00 a.m. at the Butler Government Center, West Wing Conference Room located ú 1200 Oak Brook Road, Oak Broolç lL 60523. 'q le"/tt J Secretary DatdApfroved Minutes prepared by Allie Rysell, Pension Services Administrator, Lauterbach & Amen, LLP