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Public Safety Retirement System Commission Minutes
January 29, 2013 | Retirement Board Minutes

A Regular Meeting of the Public Safety Retirement System Commission was held on Tuesday, January 29, 2013 at 8:00 a.m.

Present on Roll Call: Commissioners: Marty West, Louis Theros, Conrad Koski, Richard Rosati.

Those Absent Were: Commissioner Keith Colombo.

Also Present: Shane L. Reeside, City Manager/City Clerk; John Lamerato, City Controller/Treasurer; Monica Irelan, Assistant City Manager; Pamela J. Baker, Executive Assistant/Deputy City Clerk.

MINUTES

The Minutes of the Regular Meeting, which was held on October 30, 2012, were approved as submitted.

INVESTMENT REPORT – J.P. MORGAN

Documents Received:
Investment Report for the quarter ended December 31, 2012.

Persons Addressing the Commission:
Mr. Michael M. Barry, Vice President, J.P. Morgan

The Investment Report for the quarter ended December 31, 2012, was received by the Commission and ordered placed on file

PERFORMANCE REVIEW – CLEARY GULL INC.

Documents Received:
Performance Report for the quarter ended December 31, 2012.

Persons Addressing the Commission:
None.

The Performance Report for the quarter ended December 31, 2012, was received by the Commission and ordered placed on file.


LEGISLATIVE UPDATE

Communications Received:
1-Legislative Updates for PA 347 of 2012 Legislation.

Persons Addressing the Commission:
1-Tom Michaud of VanOverbeke, Michaud & Timmony, P.C.

Mr. Michaud gave the Commission a brief update for PA 347 of 2012 Legislation.

CONSENT AGENDA

1. It was moved by Commissioner Theros and supported by Commissioner West to approve the invoice for services rendered by J.P. Morgan for the quarter ended December 31, 2012 in the amount of $16,706.34.
2. Reschedule the April 30, 2013 Meeting to April 23, 2013.

Unanimously Adopted

ADJOURNMENT

Upon proper motion made, supported and carried, the Meeting adjourned at 9:00 a.m.

John M. Lamerato
Administrator

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