Police Pension Agenda 2012 11-13-12
Yorkville Police Pension Fund Board
804 Game Farm Road
Yorkville, IL 60560
(630) 553-4340
5:00PM on November 13, 2012
Police Department Conference Room
Agenda
Meeting Call to Order:
Roll Call:
Previous Meeting Minutes: August 14, 2012
Communications:
Funds transferred from the last meeting.
Transfer of funds from Old Second Checking to Schwab.
Monthly Treasurer’s Report: as of October 31, 2012
Bills for Payment:
Collins and Radja: Attorney $ 750.00
MVT Management Fee: (Oct – Dec 2012) $ 5,158.00
From Schwab Acct: 3137-9036
United City of Yorkville (10-99R forms) $ 11.00
United City of Yorkville (Audit Reimburse) $ 2,500.00
Tim Sharp: Actuary $ 1,700.00
William Powell $ 62.50
Total Bills for Payment: $10,181.50
Investments:
Progress Reports from Mitchell, Vaught, and Taylor
Money transfers from YNB to Charles Schwab & Co
Pay to: Charles Schwab & Co.
Mail to: Institutional Client Service Group
P. O. Box 628290
Orlando, Fl 32862-9906
Unfinished Business:
New Business:
Change in minimum balance in Old Second Checking.: $75,000 to $80,000. Board approval required.
Personnel Changes and Additions:
Retirement: Deputy Chief Donald Schwartzkopf 10-19-12
New Hire: Stephen Klett 09-17-12
Additional Business:
Set 2013 meeting dates: Feb 12, May 13 (Monday), Aug 13, Nov 12
Next meeting:
Motion to Adjourn: