HomeMy WebLinkAboutMinutes GEPF 111594� ~
CITY OF PALM BEACH GARDENS
GENERAL EMPLOYEES PENSION FUND
BOARD OF DIRECTORS MEETING
November 15, 1994
Chairman Win Weldon called the meeting to order at 4:17PM' In
attendance were Jerry Bergman, Tom Thomas, Jack Hanson, Judy Fox,
Attorney Lee Dehner, City Manager Bobbie Herakovich and Kent
Olson, Finance Director.
Since no minutes were taken at the October 24, 1994 meeting, Win
asked that Lee Dehner make his notes available to Judy Fox so
that they could be presented at the next meeting'
Sun Bank representatives presented their Performance Report for
the Quarter ending September 30, 1994'
Hal Chappell announced a fee increase for next year. He will
check on "Soft Dollar Commission" to be received against manage-
ment fees' Win Weldon approved the payment of the current in-
voice' Jerry Bergman moved to accept the proposed increase, Jack
Hanson seconded, all agreed.
Jerry Bergman asked that the board receive a copy of the Audit
report preformed by Hass, Diaz & Company for the City.
Bobbie Herakovich suggested a 4.5% employee contribution and
Presented a survey of local governments pension contributions'
The next meeting will be December 12, 1994.
Jerry Bergman moved to adjourn the meeting, Tom Thomas seconded'
Respectively submitted,
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