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HomeMy WebLinkAbout09-18-14 - Signed MinutesMINUTES FIREMEN'S PENSION BOARD CITY OF RENTON September 18, 2014 Denis Law, Mayor Terri Briere, Council Finance Committee Chair (Substitute: Marcie Palmer, Council Finance Committee Vice -Chair) Jason Seth, Acting City Clerk Ray Barilleaux, Fire Department Representative Bruce Phillips, Fire Department Representative Chuck Christensen, Fire Department Alternate The regular meeting of the Firemen's Pension Board was called to order by Mayor Denis Law at 2:00 p.m. in the Mayor's office, 7th floor of Renton City Hall. In attendance were Board members Mayor Law, Jason Seth, Acting City Clerk, Ray Barilleaux and Bruce Phillips. Also in attendance: Jill Masunago, Finance Department Representative. MINUTES APPROVAL MOVED BY BARILLEAUX, SECONDED BY PHILLIPS, THE PENSION BOARD APPROVE THE MINUTES OF THE JULY 17, 2014 MEETING. CARRIED. CORRESPONDENCE Correspondence was entered into the record from City Clerk Bonnie Walton announcing her retirement from the City and the Firemen's Pension Board. Both Mr. Barilleaux and Mr. Phillips expressed gratitude for Bonnie's 12 years of service to the board. MONTHLY STATEMENT The final financial reports of July and August 2014 were reviewed. Total cash/investment balance was as of August 31, 2014 is $4,798,095.01. MONTHLY BILLS AND PENSION PAYMENTS MOVED BY PHILLIPS, SECONDED BY BARILLEAUX, THE BOARD APPROVE THE PENSION/MEDICAL PAYMENTS OF $15,270.11 FOR JULY 2014 AND $15,270.11 FOR AUGUST 2014, TO BE PAID BY THE FIREMEN'S PENSION FUND. CARRIED. ADJOURNMENT MOVED BY BARILLEAUX, SECONDED BY PHILLIPS, THE MEETING OF THE FIREMEN'S PENSION BOARD BE ADJOURNED. CARRIED. Time: 2:05 p.m. Jason Seth, Deputy City Clerk Acting Secretary, Firemen's Pension Board