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HomeMy WebLinkAboutAgenda - 07/19/2018 - Police Pension Fund BoardIn 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 the Butler Government Center (Village Hall) at (630) 368-5010 or TDD (630) 990-2131, as soon as possible before the meeting date. VILLAGE OF OAK BROOK 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 Thursday, July 19, 2018 7:00 p.m. AGENDA 1. CALL TO ORDER 2. ROLL CALL 3. ELECTION OF OFFICERS 4. BOARD COMMENTS 5. APPROVAL OF MINUTES a. Approval of Regular Meeting Minutes of April 17, 2018 b. Approval of Special Meeting Minutes of May 21, 2018 6. CONSENT AGENDA a. Approval of March 1-31, 2018 expenditures in the total amount of $208,491.36 b. Approval of April 1-30, 2018 expenditures in the total amount of $195,786.51 c. Approval of May 1-31, 2018 expenditures in the total amount of $219,230.72 d. Approval of June 1-30, 2018 expenditures in the total amount of $226,631.20 e. Approval of Taiber Kosmala January and May 2018 invoices in the total amount of $14,000.00 f. Approval of Illinois Department of Insurance Compliance Fee in the amount of $6,709.21 g. Approval of Lauterbach & Amen, LLP April 2018 invoice in the amount of $1,115.00, for services rendered March 2018 h. Approval of Reimer, Dobrovolny & Karlson LLC March and April 2018 invoices in the amount of $1,838.34 and $535.38, respectively i. Approval of reimbursement to the Village of Oak Brook for share of FYE 17 Audit in the amount of $1,800.00 j. Approval of IPFA pension training invoice (Feldman) in the amount of $180.00 7. ITEMS REMOVED FROM THE CONSENT AGENDA 8. UNFINISHED BUSINESS a. Discussion/Action regarding Administrative Rules 9. NEW BUSINESS a. Taiber Kosmala & Associates, LLC Report on Second Quarter 2018 b. MB Financial Investment Management Performance Report on Second Quarter 2018 c. Approval of Investment Transactions for Second Quarter 2018 d. Ratification of Application for Members Pension Benefits Retirement Pension of Thomas Russell e. Ratification of Application for Members Pension Benefits Retirement Pension of Jeffrey Weber Oak Brook Police Pension Board July 19, 2018 Page 2 of 2 In accordance with the provisions of the Americans with Disabilities Act, any individual who is in the need of a reasonable a ccommodation in order to participate in or benefit from attendance at a public meeting of the Village of Oak Brook should contact (630) 368-5022 or TDD (630) 990-2131as soon as possible before the meeting date. f. Ratification of Application for Members Pension Benefits Retirement Pension of Tami Madden g. Ratification of Application for Members Pension Benefits Retirement Pension of Robert Birdsall h. Discussion regarding pending sale between MB Financial and Fifth Third Bank 10. INFORMATION AND UPDATES a. Scheduling of fourth quarterly meeting in October 2018 11. ADJOURNMENT