07-23-1992 Special Meeting•
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MIAMI SHORES VILLAGE
PENSION BOARD MEETING JULY 23, 1992
A special meeting of the Village of Miami Shores Pension
Board was called to order by Lt. Ulmer at 8:32 A.M. The
following were In attendance:
Board Members: Lt. Ulmer
Gall Macdonald
Joseph Charles
Walter Latimer
Henry Courtney (arrived 8:37)
Absent: Steven Johnson
William Fann
1. Request for approval of William Koons disability benefit.
Mrs. Varney opened the discussion with the presentation of
the medical report from Dr. Kaplan stating that Mr. Koons has
been diagnosed as totally disabled. Mrs. Varney also pre-
sented the calculations by the actuary for Mr. Koons dis-
ability benefit.
Mr. Latimer moved to approve the disability benefit for Mr.
Koons in the amount of $1,752.50 per month for life or at
least 120 payments effective August 1, 1992. Mr. Charles
seconded the motion and it passed unanimously.
2. Request for approval to pay Barnett Bank quarterly
management fees.
Ms. Macdonald moved to approve the payment to Barnett Bank
for quarterly management fees In the amount of $5,818.23.
Mr. Latimer seconded the motion and it passed unanimously.
3. Request for approval to pay Dr. Kaplan for the examination
of Mr. Koons.
Mr. Latimer moved to approve payment to Dr. Kaplan In the
amount of $1,430 for the examination of Mr. Koons.
Mr. Charles seconded the motion and It passed unanimously.
4. Request for approval to pay renewal of Fiduciary Respon-
sibility Insurance.
Ms. Macdonald moved to approve payment of the Fiduciary
Responsibility insurance In the amount of $7,582 to Stembler
Adams & Sweet, Inc. Mr. Latimer seconded the motion and It
passed unanimously.
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11
Pension Board Meeting
- 2 - July 23, 1992
5. Request approval of June 11, 1992 minutes.
Mr. Courtney moved to approve the Minutes of the June 11,
1992 meeting. Mr. Charles seconded the motion and it passed
unanimously.
6. A motion to adjourn was made at 8:39 A.M.
Gall j acdonald, Secretary
‘14.
oJ UQ
Lt. J c Ulmer
(Acts Chairman)