05-15-2008 Regular Meeting•
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MIAMI SHORES VILLAGE
POLICE PENSION BOARD
REGULAR MEETING
MAY 15, 2008
1. CALL TO ORDER
The regular meeting of the Miami Shores Village Police Pension Board was held on Thursday, May 15,
2008 in the Conference Room of the Village Hall. The meeting was called to order at 3:00 P.M.
2. ROLL CALL
In order for the record to reflect those present, the roll was called with the following members present:
Present
JC Rodriguez Hunt Davis
Lieutenant David McLeod
Absent
Officer Clifford Vickers
Currently 1 Vacant Seat
Also Present: Lisa Keeley, Interim Plan Administrator / Recording Secretary
3. APPROVAL OF MINUTES — February 14, 2008
Mr. Davis moved for approval of the February 14, 2008 minutes with a second from Lt. McLeod. The
motion passed unanimously.
4. APPROVAL OF PAYMENT WARRANT — Police Warrant No. 2008 — 004
Mr. Davis moved for approval of payment warrant Police Warrant No. 2008 — 004 as submitted. Lt.
McLeod seconded the motion which was passed unanimously.
5. DISCUSSION AND POSSIBLE ACTION REGARDING INVESTMENT CONSULTANT
REQUEST FOR PROPOSAL
Mrs. Keeley provided a brief overview of the committee results. The list was narrowed down to four
consultants. Lt. McLeod gave a summary of the references. It was the consensus of the Board to have
the four consultants that were recommended by the selection committee provide presentations.
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Police Pension Board May 15, 2008 Page 2
6. OTHER BUSINESS
A copy of the Merrill Lynch March 31, 2008 Summary Report was provided to the Board with no
discussion.
7. ADJOURNMENT
The May 15, 2008 regular meeting of the Police Pension Board was adjourned at 3:45 PM.
JC ' odriguez, Chairperson Lisa Keeley, Recording Secretary
Police Warrant - No. 2008 - 004
For payment from the Village Pension Fund for Police Officer's in the Village of Miami Shores, Florida
To Chair and Administrator, or such other officers, who from time to time are duly designated and authorized by the Board of Trustees
of said Fund, to sign checks, drafts or orders for the payment of money; You are hereby authorized by the Board of Trustees of the
Miami Shores Village Pension Fund for Police Officer's in Miami Shores Village to pay the amounts listed below for services
rendered to the said Board of Trustees, and to pay the persons named below, hereby certified by the Board of Trustees as being on the
Pension list of said Board by circulation of this warrant, pensions from 02/14/08 to 05/15/08 inclusive, or for the period of time
opposite the name of said persons.
Name (Pensions, Benefits, Services Provided or Obligations) Amount
To be paid by Trustee:
Authorize payment to The Boston Company
Quarterly management fees for the period 01/01/08 — 03/31/08 $ 9,912.83
Authorize payment to Aletheia Research and Management, Inc
Quarterly management fees for the period 01/01/08 — 03/31/08 $ 6,137.22
Authorize payment to Salem Trust Company
Quarterly fee for period 01/01/08 — 03/31/08 $ 1,710.42
Dated this 15a` day of May, 2008 Approved by:
As Chair of the s of Trustees Village Pension Fund for Police
Officer's in the Village of Miami Shores, Florida