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HomeMy WebLinkAbout11-19-19 - Signed Minutes MINUTES FIREFIGHTERS' PENSION BOARD CITY OF RENTON November 21, 2019 Denis Law, Mayor-ABSENT Armando Pavane, Finance Committee Chair-ABSENT Jason Seth, City Clerk Ray Barilleaux, Fire Department Representative-ABSENT Bruce Phillips, Fire Department Representative Chuck Christenson, Alternate Fire Department Representative Kari Roller, Fiscal Services Director The regular meeting of the Firefighters' Pension Board was called to order by City Clerk Jason Seth, at 2:00 p.m. in the Mayor's office, 7th floor of Renton City Hall. In attendance were City Clerk Jason Seth, Fire Department Representatives Bruce Phillips and Chuck Christenson. Additionally, Kari Roller, Fiscal Services Director was in attendance. MINUTES APPROVAL MOVED BY PHILLIPS, SECONDED BY CHRISTENSON,THE PENSION BOARD APPROVE THE MINUTES OF THE SEPTEMBER 19, 2019 MEETING. CARRIED. MONTHLY STATEMENT The September 30, 2019 and October 31, 2019 financial reports were reviewed.Total cash/investment balance was, as of October 31,2019, $7,219,309.58. MONTHLY BILLS AND PENSION PAYMENTS MOVED BY CHRISTENSON,SECONDED BY PHILLIPS,THE BOARD APPROVE THE PENSION/MEDICAL PAYMENTS OF$16,145.74 FOR OCTOBER 2019 AND$16,145.74 FOR NOVEMBER 2019,TO BE PAID BY THE FIREFIGHTERS' PENSION FUND. CARRIED. NEW BUSINESS City Clerk Seth noted that he would send a memo to the Renton Regional Fire Authority requesting an election to be held for the re-election of Bruce Phillips for the term of 1/1/2020 through 12/31/2021. Fiscal Services Director Roller discussed the process for reinvesting matured investments. She was asked to bring investment options to the next meeting. ADJOURNMENT MOVED BY CHRISTENSON,SECONDED BY PHILLIPS,ADJOURN THE MEETING.TIME: 2:19 P.M. ason Seth, City Clerk Secretary, Firefighters' Pension Board