HomeMy WebLinkAboutAgenda - 10/17/2017 - 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 17, 2017
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 17, 2017
5. CONSENT AGENDA
a. Approval of expenditures for month ended July 31, 2017 in the amount of $ 198,109.90
b. Approval of expenditures for month ended August 31, 2017 in the amount of $ 201,880.79
c. Approval of expenditures for month ended September 30, 2017 in the amount of $ 206,056.56
d. Approval of Taiber Kosmala first and second quarter invoices in the total amount of $14,000.00
e. Approval of Department of Insurance Compliance Fee invoice in the amount of $6,372.65,
payable to the Illinois State Treasurer
f. Approval of Mesirow Insurance Services, Inc. renewal business premium in the amount of
$4,058.00
g. Approval of Lauterbach & Amen, LLP’s invoice for professional services in: July 2017, in the
amount of $1,085.00
h. Approval of Pension Clerk Kane’s timesheet in the total amount of $200.00 for services rendered
January through June 2017
i. Approval of reimbursement to Pension Clerk Kane for lunch at April 28, 2017 meeting in the
amount of $97.11
6. ITEMS REMOVED FROM THE CONSENT AGENDA
7. UNFINISHED BUSINESS
a. Discussion/Action regarding Investment Policy
8. NEW BUSINESS
a. Taiber Kosmala and Associates, LLC Report on Third Quarter, 2017
b. MB Financial Investment Management Performance Report on Third Quarter, 2017
c. Approval of Investment Transactions for Third Quarter, 2017
d. Approval of Application for Membership in the Oak Brook Police Pension Fund of Francisco
Adame (hired September 5, 2017)
e. Discussion/Action regarding a review of the Administrative Rules
f. Discussion/Action regarding the use of vendor for Fund monitoring
9. INFORMATION & UPDATES
a. Scheduling of first quarterly meeting in 2018:
10. ADJOURNMENT