Res No 023-20-15463RESOLUTION NO. o23-2o-1 5463
A Resolution confirming the reappointment of Officer Jose Lopez to serve on
the Board of Trustees/Police Officers Retirement Trust Fund for a two-year
term ending July 5, 2021 or until a successor is appointed.
WHEREAS, the Mayor and Commission recognize the important contributions made by
those who serve on the various city boards and committees, and wish to appoint a full
complement to each of the active boards and committees; and
WHEREAS, that Officer Jose Lopez has been selected by a majority of the police
participants as required under Chapter 16, Article III, Section 16-33(a) of the City of South
Miami Code of Ordinances. His appointment will expire on July 5, 2021 if a successor is
appointed, otherwise he may continue to service until a successor is duly appointed and
qualified; and
WHEREAS, the City Commission desires to confirm the reappointment of Officer Jose
Lopez to serve for a two-year term on the Board of Trustees/Police Officers Retirement Trust
Fund as the representative of the participants in the Police Officers Retirement Trust Fund.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY
COMMISSION OF THE CITY OF SOUTH MIAMI, FLORIDA, THAT:
Section 1. The foregoing recitals are hereby ratified and confirmed as being true and
correct and are hereby made a specific part of this Resolution upon adoption hereof.
Section 2. The City Commission hereby confirm the reappointment of Officer Jose
Lopez to the Board of Trustees/Police Officers Retirement Trust Fund for a two-year term
expiring on July 5, 2021 if a successor is appointed, otherwise he may continue to service until a
successor is duly appointed and qualified.
Section 3. Corrections. Conforming language or technical scrivener -type corrections
may be made by the City Attorney for any conforming amendments to be incorporated into the
final resolution for signature.
Section 4. Severability. If any section clause, sentence, or phrase of this resolution is for
any reason held invalid or unconstitutional by a court of competent jurisdiction, the holding shall
not affect the validity of the remaining portions of this resolution.
Section 5. Effective Date. This resolution shall become effective immediately upon
adoption.
PASSED AND ADOPTED this 3rd day of March, 2020.
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Resolution No. 023-20-15463
ATTEST:
APPROVE : -.
1
,�
CIT CLERK
YOR
READ AND APPROVED AS TO FORM,
COMMISSION VOTE:
5-0
LANGUAG , EG ITY
Mayor Philips:
Yea
EXECU
Vice Mayor Welsh:
Yea
Commissioner Harris:
Yea
Commissioner Liebman:
Yea
Commissioner Gil:
Yea
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Agenda Rem No:1.
City Commission Agenda Item Report
Meeting Date: March 3, 2020
Submitted by: Nkenga Payne
Submitting Department: City Clerk
Rem Type: Resolution
Agenda Section:
Subject:
A Resolution confirming the re -appointment of Officer Jose Lopez to serve on the Board of Trustees/Police
Officers Retirement Trust Fund for a two-year term ending July 5, 2021 or until a successor is appointed. 3/5
(Commission)
Suggested Action:
Attachments:
Res oIution_appt_Bd_Trustees_PoIice. Lope z21(1)CArev. doc
2020.01.21 -Minutes Police Officers Retirement Trust Fund.pdf
CITY OF SOUTH MIAMI POLICE OFFICERS' RETIREMENT TRUST FUND
JANUARY 21, 2020 MINUTES
1. Roll Call: Chairman Jose Lopez called the meeting of the Board of Trustees of
the City of South Miami Police Officers Retirement Trust Fund to order at 1100
in the City of South Miami City Hall Commission Chambers.
PRESENT: Jose Lopez, Chairperson, Trustees Robert Bukens, Sally Philips,
Thomas Byrne. Also, present: Pedro Herrera, Sugarman & Susskind and
Andrew McGarrell, Administrator from Pension Investors
ABSENT: Ryan Pontier and Rodgerick Everett
2. MINUTES: Minutes for the November 5, 2019 meeting were reviewed. Motion
by Robert Bukens, 2°d by Thomas Byrne to approve the minutes as
presented. Motion passed without objection.
ELECTION NOTICE: Due to unopposed Officers, Jose Lopez and Robert Bukens
had been re-elected to the Board for a two-year term. In addition, Sally Philips and
Ryan Pontier would like to be reappointed to the Board.
3. AndCo — Brad Hess for John Thinnes via conference call presented a reviewed of
the fund as of 12/31/2019 with an update to 1/20/2020. No action needed.
4. Routine Business:
a. Warrants:
i. Sign Warrant:
1. # 156 dated
1/21/2020 for $6,935.00
a. AndCo $1,250.00
b. Pension Investors $3,900.00
c. Salem Trust $665.00
d. Sugarman & Susskind $400.00
e. Sugarman & Susskind $560.00
E Sugarman & Susskind $160.00
Motion by Philips, 211 by Bukens to approve Warrant #156 in the amount of
$6,935.00. Motion passed without objection.
2. #157 dated 1/21/2020 for $379,052.00
a. South Miami Pension Plan
Motion by Bukens, 211 by Byrne to approve Warrant #157 in the amount of
$379,052.00. Motion passed without objection.
Motion by Byrne 2°d by Bukens to add Warrant # 158 to the agenda. Motion
passed without objection.
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Continue with Warrants:
3. # 158 dated 1 /21 /2020 for $20,000.00
a. Ruben Rodriguez
Motion by Byrne, 2°d by Bukens to approve Warrant #158 in the amount of
$20,000.00. Motion passed without objection.
5. Treasury Report: As January 21, 2020 — Fund Value was $1,135,499.98
6. Correspondence:
7. Public Comment: None
Old Business:
a. Ordinance Update: City passed Ordinance # 36-19-2349 on 11 / 19/2019.
b. Valuation re -calculation: Administrator working on.
c. 2019 Audit —Administrator to forward valuation when complete
8. NEW BUSINESS:
11. REPORTS
a. Attorney — Mentioned the Secure Act — beginning 1 /l /2020, RMD is 72
years of age however, if turned 70 %2 by 12/31/2019, need to start RMD in
2020.
b. Chairman - Nothing to report.
c. Secretary - Nothing to report.
d. Administrator — Nothing additional to report
NEXT REGULAR MEETING: April 30, 2020
The meeting was adjourned at 1205.
Sally B. Philips, Secretary
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