Board of Police & Fire Pension Fund Commissioners Meeting
1. CALL TO ORDER
2. ROLL CALL
3. CONSENT CALENDAR
(Consent Calendar items are considered to be routine by the Commission/Committee/Board and will be enacted by one motion. By approval of the Consent Calendar, the staff recommendations will be adopted unless otherwise modified by the Commission/Committee. There will be no separate discussion on these items unless a Commission/Committee/Board Member or a member of the audience requests removal of the items from the Consent Calendar.)
3-1 Approval of pension payments for the month of August 2013 in the amount of $115,150.77
Staff recommendation: Approve
3-2 Approval of invoice from Atlantic Trust in the amount of $11,635.58 for investment fees for the quarter ending 9/30/2013.
Staff recommendation: Approve
4. APPROVAL OF MINUTES
4-1 Minutes of the regular meeting of March 26, 2013.
Staff recommendation: Approve
4-2 Minutes of the regular meeting of July 30, 2013
Staff recommendation: Approve
5. PUBLIC COMMENT
For persons desiring to address the Commission/Committee/Board on an item that is not on the agenda please note that each speaker is limited to three (3) minutes. The Brown Act limits the Committee’s ability to take and/or discuss items that are not on the agenda; therefore, such items are normally referred to staff for comment or to a future agenda.
6. REPORTS
6-1. Vicken Ekmekjian and Jack Caldwell of Atlantic Trust presenting investment report for the quarter ended June 30, 2013
7. DISCUSSIONS AND POSSIBLE ACTION ON MATTERS RELATED TO THE FOLLOWING ITEMS:
7-1. Vicken Ekmekjian regarding Board’s consent to assignment of investment advisory agreement due to Canadian Imperial Bank of Commerce acquiring Atlantic Trust from Invesco.
a) Letter from Atlantic Trust to Kim Denton dated August 8, 2013 regarding consent to assignment of investment advisory agreement.
8. ANNOUNCEMENTS/COMMUNICATIONS
9. FUTURE AGENDA ITEMS
(Commission/Committee/Board Member announcement of requests for future agenda items. No public comment will be taken on announcement of future agenda items).
9-1. The next regularly scheduled Pension Board meeting will be held on Tuesday September 24, 2013.
10. ADJOURNMENT
The Commission/Committee/Board packet is available for public inspection at the Albany Library, Fire Department and City Hall. The agenda and supporting staff reports, if available, can be found on our web page at www.albanyca.org.
Please note that if you provide your name and address when speaking before the Commission/Committee/Board it will become part of the official public record, which will be posted on the Internet.
Date posted: Wednesday, August 21, 2013
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