FMTF12-15-9860.\Rll OF I'Rt'STEf?S
Flodrh Municipal "I'rusr Fond licdremurr Ylnn and Tmsr
I>or the ['iatighrrr. and rolirn Offices-Ct/~ of lAngvood
Loobnvood Civic League \r+oman ~~ CAub
13i/lio \r+. Churdi Avenue, Longwood 1=londa
Afl\IRES
Uccembcr 15. 1998
rreaenr. ena;r sneaa scar
A(ombe<Jo :mne~aebeun
Alember SrJma 4?;sen
Berliv ll. Bossvortli. Depnrp Citt Clerk
Absene trice Cher Joseph Mohr
\fembu James Burksh;rc
1. C:tLL TO ORDER.
r+ The chair eJled n reguhr meeWrg ro order ar 63p pm
2. r\PrRO\'E JL!:E I6 i998. SGPT£:AfBER l5, 1998, AND SI~:P'rknIBER 29. 1998
\II~L-I'ES
M8C ]RebeOo/Eisen] ro approve the Junc 16,1998, Seprembu 15,1998, end $eprembu 29,
1998, minmes, approved LO-2, wirb Member Mobr and Member Burkshve absem.
Chair tC+ons.velcomed Selma Posen m dre Hoard.
Mcmbu tken ~no-oducetl herself; sha.va.. a finanaal planner wirh a bnckground in ~c gyn. e~nnrnr
held.
3 DISCUSS i\D.APPiiOVG rROVObED FISCAI.1'ty\121999 Bt!DGEt FOR
CO!:PL+RE\CE/\VORI:SHOP A LTE\-D-iVCI; RY BO.~iRU ~r4E\IBENS.
embus reviewed es~ ;wn and discussed, in deoil, cerNn irons rehtlng ro the hY 1999 badger
n~
as pre mred.
MSC ~Rebeno/Eisen) m approve rbe. FY 1999 batlget, approved 3-0~2, aiW Member Moly
and Member Burksbire absent.
Chair tC'ona reirua[ui the motion passed (or she IY 1999 badger far dreamoonr of Onc'ihousand
~. Five Hundred Seventy Fve Dollaa (31$'151N1)-
\lin
[ioard of Trustee.
Florida Mwiupal "Smxt fiund Retirement Plan and Trust
For the Pirefigheers a+d Police Offcers
December li. 1998
Page 2
A. Rt~:t'IEl\'A,4D OISCl:SS 14lNllOUT pL1TElU.VS Rl~.1 ~11'iVL'TO PF:!wSIOM1
'1'RL_ST PIlND
\lember Rabe-o reported she aawtled the 30tl+AnnnW Polcc OrTieerx` wd Iimli~m+3 Passion
Trusteei ConEuenw in Ocmbsa~ 1998 on Ocrobu 12.
Chair lPons asked tltat+his item be placed on the dlerclr 1999 agenda.
ACru dixussioa_ the t3oazd requested dse reccordingsecretary make copies of the handout matwnals
[or each memberand spif, ac wnrrwred, d+nt Member Rebello teceicrd ns dre eontemnee.
\lember Rebello pointed out Aerc was pertinent informaive material relating to wme upecn of
the respo+.cibiitp of the Board and other infomndon tl+at each member wd appmpdate stiff
should eer~iecv. She bclioeed it rva importwt tlrnt each Board member bas nc~ opporwniry m
aaend a fueure annual conference.
AFter discussion. it+vac Uoazd consrstsus co swd a memorandum to Officers 11ohr wd 13urkshire
regarding the Nvch wnference in TWlil+nssce
Tlembars ru+eraed and discussed marends provided in the pars-et.
Akar disc vs Uoard co c eln re Member F?icen's [eld of
espem ai+nt shale ct the Florida L.eaguc of Cine regarding svhcrc tlse ncy ryas bung
esteQ svho.vere the poniolio managers, indeses-~svhy only a 7 % incrcue for FY')]/'lb, snd
such vnd update the bossd at io next mewing. Tlember C:isen vas ro contact rho pinancivl5enices
Direcmr and in(onn her tlsat the hoard has directed her ro contact the t'IoriM i,esgue o(Ci+ics.
\lember Rebello psi led out the Isoard had the right t st the supplemental m .not d+e
base wdif Lovgvood's tund.vas at tltse point dre Board map sv tto consider thorn
Chair Woes broughtm then +ofm tubers +hazshe hadm veda oube+ ntltat the
llisdsion of Retirement sass hosrivga scorksltop to discuss the med+od of allocanng cote premium
wdhre tml d6-tn cc pardcipnting undo Gaptcrs 1Ii and I8; Florida
Sanres+in 2allehassec on January IJ. 1999. 'Il+e recordingsecremry suss requesed to send a wpy
e+ch mambo as avell u the Ory Clerk and dre ~ anual Scnices Director.ddr tlr<request that
tlse Cty Cirrk aaend the 11aah 19. t999 meeting and provide a bneCupdaee on tltis issue
Member Rebello mad in her expan or the Pa n'I'm s' Confere n Oeeober ,1998
ronfrrence svi+h d+c request tl+at she be re'mbucced Cor mdcnge wd one male o
\linuecs
Board ofTmsru_~s
Elonda !.(wicipal Tmsr Fwd Revsemmr Flan and T rutt
or ilie Firefighrers and FoGCe Officers
December 1~
1998
,
Rage 3
MSC ja'Oris/Eisevj w imburse Member Rebel lo for conference expenses, approved 3-0-2,
with Member Mohr and Member Burkshire abs ent.
i. s1D]OliRh`1fEV'L.
MSC jRebello/Eisenj ro adjmrm, approved 3.0-2, with Member Mobr and Member
Brirkshire absent.
The meeting adjoomed at 7:10 p.m.
~~ / ~~
sn ~a wens, cnai.
n'rrrsT:
"~~.,~:.~ lei i~oawM-~
Berfm D. Bosvonh. nepa~-c~ aerk