HomeMy WebLinkAboutAgenda - 10/25/2018 - Police Pension Fund Board
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
Tuesday, October 25, 2018
7:00 p.m.
AGENDA
1. CALL TO ORDER
2. ROLL CALL
3. PUBLIC COMMENTS
4. APPROVAL OF MINUTES
a. Approval of Regular Meeting Minutes of July 19, 2018
5. CONSENT AGENDA
a. Approval of expenditures for month ended July 31, 2018 in the amount of $230,659.51
b. Approval of expenditures for month ended August 31, 2018 in the amount of $236,672.04
c. Approval of Taiber Kosmala first, second and third quarter invoices in the total amount of
$21,000.00
d. Approval of Department of Insurance Compliance Fee invoice in the amount of $6,709.21,
payable to the Illinois State Treasurer
e. Approval of Mesirow Insurance Services, Inc. renewal business premium in the amount of
$4,126.00
f. Approval of Lauterbach & Amen, LLP invoices for professional services regarding FYE17 1099s,
January, February, March, May and June 2018 Accounting Service fees in the total amount of
$6,660.00
g. Approval of reimbursement to Village for share of FYE17 Audit in the total amount of $2,130.00
h. Approval of Pension Clerk Kane timesheet in the total amount of $343.75 for services rendered
January through May 2018
i. Approval of Illinois Professional Firefighter Association seminar registration fee in the amount of
$180.00
j. Approval of Illinois Public Pension Fund Association conference registration fees in the amount
of $750.00
k. Approval of INSPE Associates, Ltd. Invoice in the amount of $2,550.00
l. Approval of Reimer & Dobrovolny, PC invoices in the total amount of $5,141.78 for legal services
rendered in February, March, April and May 2018
m. Approval of Illinois Association of Chiefs of Police invoice for training in the amount of $198.00
6. ITEMS REMOVED FROM THE CONSENT AGENDA
7. UNFINISHED BUSINESS
a. Ratification of Administrative Rules
8. NEW BUSINESS
a. Taiber Kosmala and Associates, LLC Report on Third Quarter, 2018
b. MB Financial Investment Management Performance Report on Third Quarter, 2018
c. Approval of Investment Transactions for Third Quarter, 2018
d. Approval of the Municipal Compliance Report for FYE2017
e. Approval of Application for Membership in the Oak Brook Police Pension Fund of Genita
Benson (hired May 3, 2018)
Oak Brook Police Pension Board
October 25, 2018
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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 the Assistant Village Manager at (630) 368-
5022 or TDD (630) 990-2131as soon as possible before the meeting date.
f. Approval of Application for Membership in the Oak Brook Police Pension Fund of Steven Dinov
(hired May 3, 2018)
g. Approval of Application for Membership in the Oak Brook Police Pension Fund of Jeffrey Marek
(hired August 16, 2018)
h. Approval of Application for Membership in the Oak Brook Police Pension Fund of Joshua Reid
(hired August 16, 2018)
i. Approval of Application for Membership in the Oak Brook Police Pension Fund of Susannah
Gilberti (hired September 17, 2018)
9. PENDING BUSINESS
a. Discussion regarding disability matter
10. INFORMATION & UPDATES
a. Scheduling of first quarterly meeting in 2019
11. ADJOURNMENT