Owosso Employee's Retirement System
Agenda
September 16, 2004 - 8:00am
AMENDED
AGENDA
CALL MEETING TO
ORDER:
LETTER OF
RESIGNATION: PAUL K. HOOD
ELECTION OF
OFFICERS:
APPROVE MINUTES
OF JUNE 17, 2004 REGULAR MEETING:
APPROVE PENSION
CHECK REPORTS:
·
June,
2004
$84,520.78
·
July,
2004 $92,927.09
·
August,
2004 $88,248.23
APPROVE
STATEMENTS:
·
Chemical
Bank and Trust Company
June-August,
2004
·
Fifth Third Bank
June-August,
2004
·
Tom Johnson
Investment Management, Inc.
Period ending 06/30/04
·
City of Owosso
Employees Retirement Fund
June-August,
2004
PAYMENT AUTHORIZATIONS:
·
Merrill Lynch
2003 Consulting
Services $1,501.85
·
Chemical Bank
and Trust Company
Administrative Fees
For Period
06/01/04 through
08/31/04 $7,762.54
·
Fifth Third Bank
Administrative Fees
For Period
04/01/04 through
06/30/04 $6,551.22
·
Tom Johnson Investment
Management, Inc.
Management Fee
For Period 04/01/04 through
06/30/04 $9,085.60
COMMUNICATIONS:
·
Ronald J. Tobey, City
Treasurer – Report of Checks Written
·
Ronald J. Tobey, City
Treasurer – Arbogast/Cecil Transfer to MERS – Update
·
Gail L. Schultz, City
Clerk – New Member Term Update
·
Merrill Lynch – Transfer
of Cash/Security Notification
·
Merrill Lynch - Trade
Confirmation
·
The Bank of New York Trust
Company, N.A. – Fifth Third Bank as provider of Trustee Services
The
following publications and conference announcements are on file with the
City Clerk – if you would like to read them, please contact her:
·
Gabriel, Roeder, Smith &
Company- June 2004 News Scan
·
Lerach Coughlin Stoia &
Robbins, LLP – Corporate Governance Bulletin
·
MAPERS Fall Conference
Announcement
·
Merrill Lynch, Investment
Managers – July 27, 2004 Prospectus
·
Miscellaneous Conference
Announcements
·
MAPERS Pension Scope –
Summer 2004
OLD BUSINESS:
NEW BUSINESS:
·
Application for
Retirement: Richard L.
Granger
·
Application for
Retirement: Kenneth V. Nixon
(disability to regular – same straight-life option)
·
Jim Koss, Gabriel,
Roeder, Smith & Company –
Consulting Fee Quote for Experience Study for Employees Retirement
System
·
Ronald J. Tobey, City Treasurer. System
Compliance with IRS Regulations – consider authorization of up to $1,000.00 to secure
determination of areas in City of Owosso Employees Retirement System
that are questionable in meeting compliance.
·
Gail L. Schultz, City Clerk. Authorized
Signatories.
INVESTMENT
MANAGERS REPORT:
·
Merrill-Lynch:
Second Quarter 2004 Executive Summary Report
SET NEXT BOARD
MEETING: December 16, 2004
ADJOURNMENT:
