Pension Board of Trustees Meeting, 07/11/13

Date: 
Thursday, July 11, 2013
Minutes: 

Thursday, July 11, 2013 – 10:30 A.M.

Headquarters Library – Meeting Room A

401 East University Avenue

Gainesville, Florida

 

The Alachua County Library District Pension Board of Trustees met in regular session.

 

PRESENT:             Chair Lee Pinkoson, presiding, Trustees Charles S. Chestnut IV, Yvonne Hinson-Rawls, Robert “Hutch” Hutchinson and Leanetta McNealy, Ph. D.

 

ABSENT:               Vice-Chair Susan Bottcher

 

ALSO PRESENT:   Library Director Shaney T. Livingston, Assistant County Attorney William Harlan, Assistant Clerk/Finance Director Todd Hutchison, Deputy Clerk Bob Decker

 

The meeting was not televised.

 

Chair Pinkoson opened the meeting at 10:31 A.M.

 

I.       APPROVAL OF THE AGENDA

 

          Trustee Hutchinson moved approval of the agenda.  The motion carried 5-0.

 

II.     MINUTES OF MARCH 14, 2013

 

          Trustee Hinson-Rawls moved approval of the Minutes of the March 14, 2013 Pension Board of Trustees meeting.  The motion carried 5-0.

 

III.    UNFINISHED BUSINESS

 

          (There were no items submitted in this category.)

 

IV.     NEW BUSINESS

 

A.       Alachua County Library District Pension Trust Fund Performance Review for the Period Ending June 30, 2013

 

          Staff Recommended Action: Accept the report.

 

          Dan Johnson of Bogdahn Consulting, LLC presented the above item.

 

          Trustee Hinson-Rawls moved to accept the report.  The motion carried 5-0.

B.       Alachua County Library District Pension Plan Restated and Amended Effective October 1, 2012

 

          Staff Recommended Action: Approve the Alachua County Library District Pension Plan Restated and Amended Effective October 1, 2012 as presented and authorize the Pension Board of Trustees Chair to sign.

 

          Jill Rondeiro of USI Consulting Group presented the above item.

 

          Trustee Hutchinson moved to approve the Alachua County Library District Pension Plan Restated and Amended Effective October 1, 2012 as presented and authorize the Pension Board of Trustees Chair to sign.  The motion carried 5-0.

 

C.       Alachua County Library District

 

          Staff Recommended Action: Approve the Alachua County Library District Amendment for PPA, HEART Act and Other Law Changes and authorize the Pension Board of Trustees Chair to sign the amendment.

 

          Jill Rondeiro of USI Consulting Group presented the above item.

 

          Trustee Hinson-Rawls moved to approve the Alachua County Library District Amendment for PPA, HEART Act and Other Law Changes and authorize the Pension Board of Trustees Chair to sign the amendment.  The motion carried 5-0.

 

D.      Beneficiary Destination

 

Staff Recommended Action: Approve distribution of the death benefit to the estate of Ms. Young.

 

          Library Director Shaney Livingston presented the above item.

 

          Trustee Hinson-Rawls moved to approve distribution of the death benefit to the estate of Ms. Young.  The motion carried 5-0.

 

V.      INFORMATIONAL ITEMS THAT REQUIRE NO ACTION

 

          (There were no items submitted in this category.)

 

VI.     CITIZEN COMMENTS

 

          There were no citizens present who wished to provide comments to the Library Pension Board of Trustees.

 

VII.   ADJOURNMENT

 

          There being no further business the meeting was adjourned at 10:44 A.M.

 

______________________________

J. K. Irby, Clerk to the Library District

Pension Board of Trustees