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Res No 024-20-15464RESOLUTION N0.024-20-15464 A Resolution confirming the reappointment of Officer Robert Bukens 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 Robert Bukens 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 Robert Bukens 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 Robert Bukens 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. Page 1 of 2 Resolution No. 024-20-15464 ATTEST: • PV"' 0, READ AND PROVED AS TO FORM, COMMISSION VOTE LANGUA EGALI D Mayor Philips: EXE O HE Vice Mayor Welsh: Commissioner Harris: Commissioner Liebman: Commissioner Gil: C Y TTO Page 2 of 2 5-0 Yea Yea Yea Yea Yea Agenda Rem No:2. 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 reappointment of Officer Robert Bukens 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: Resolution_appt_Bd_Trustees_POIice. BUkens20(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, 211 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 f. Sugarman & Susskind $160.00 Motion by Philips, 2°d 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, 2°d 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. 4 Page 1 of Continue with Warrants: 3. # 158 dated 1 /21 /2020 for $20,000.00 a. Ruben Rodriguez Motion by Byrne, 2nd 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 / 1 /2020, RMD is 72 years of age however, if turned 70 Y2 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 5 Page 2 of 2