ALACHUA COUNTY LIBRARY DISTRICT
PENSION ADVISORY COMMITTEE MINUTES
Wednesday, January 8, 2014 – 10:00 a.m.
Headquarters Library – Foundation Room
401 East University Avenue, Gainesville, Florida
Committee Members Present: Trustee Kim Worley (presiding), Trustee Ora White, Library Director Shaney T. Livingston, and Staff representative Guy Hudspeth
Committee Member Absent: Vivian Filer
Others Present: Alachua County Finance Director Todd Hutchison, ACLD Administrative Services Director Debra Jackson, and Assistant to the Library Director Terry Rasch. Bogdahn Group Representative Daniel Johnson participated in the meeting via conference phone.
I. APPROVAL OF AGENDA
Ms. Worley called the meeting to order at 10:00 a.m. Ms. White moved approval of the Agenda. Mr. Hudspeth seconded the motion. Motion carried.
II. MINUTES OF JULY 10, 2013
The Minutes were approved by consensus.
III. UNFINISHED BUSINESS
There were no items submitted in this category.
IV. NEW BUSINESS
A. Alachua County Library District Pension Trust Fund Performance Review Flash Report for the Period Ending December 31, 2013
Mr. Johnson, Bogdahn Group, presented the report. Mr. Hudspeth moved acceptance of the report as presented. Ms. White seconded the motion. Motion carried.
There was a brief discussion of rebalancing the portfolio. This will be placed on the next Committee agenda.
Ms. Livingston informed the Committee that all of the amendments prepared by USI Consulting, during the previous fiscal year, were accepted by the IRS and that we are now up-to-date in all areas.
V. INFORMATIONAL ITEMS THAT REQUIRE NO ACTION
There were no informational items.
VI. CITIZEN COMMENT
There were no citizen comments.
The meeting was adjourned at 10:23 a.m.