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HomeMy WebLinkAbout2006-12-11 Special Police & Fire Pension Board Minutes City of Dania Beach RR, -rvP7r, Police and Fire Fighters Retirement System JqNL2407 113 S.W. 1 Street Dania Beach, Florida 33004 Y: �� Phone: (954) 921-0404 Fax: (954) 921-1403 E-mail: PFPENS@bellsouth.net Page 1 of 2 MINUTES DECEMBER 11, 2006 SPECIAL MEETING I. CALL TO ORDER MOTION: by Beulah Lair to call the meeting to order. SECOND: Carolyn Jones PASSED UNANIMOUSLY Meeting began 7:40 PM MEMBERS PRESENT: MEMBERS ABSENT: Chairman Larry Rogers Commissioner Anne Castro Vice Chairman Vince Marlin Secretary Beulah Lair John Williamson Wardell Lee John Williamson Carolyn Jones Ted Spongross Butch Bolton ALSO PRESENT: Attorney Robert Sugarman - Sugarman & Susskind, PA Accountant— Steve Gordon by phone 7:50 pm II. APPROVAL OF MINUTES MOTION by Beulah Lair to accept minutes from the November 20, 2006 meeting as submitted. SECOND: Vince Marlin PASSED UNANIMOUSLY December 11, 2006 Page 2 of 2 III. CONSENT AGENDA No items listed on the Consent Agenda IV. OLD BUSINESS V. NEW BUSINESS 5.1 Accountant/Auditor Chairman Rogers opened discussion with the Board of Trustees regarding the forthcoming audit for the Plan and two different engagement letters from two different accounting firms, Steve Gordon, CPA and S. Davis &Associates, P.A. The Administrator expressed her concern about the timeliness of the Davis firm and said that she met with Mr. Gordon and was impressed by him and his commitment to do timely work. Discussion took place regarding the fee structure for each CPA Firm. The trustees noted that the Gordon firm's fee was less than half of the Davis proposed fee. Steve Gordon joined the meeting by phone at 7:50 pm and was interviewed by the Board. He advised the Board of his experience in Florida public fund audits and assured the Board that he could fulfill the Board's audit deadline of January 31, 2007. MOTION by Ted Spongross to engage Steve Gordon, CPA to perform the forthcoming audit for year ending September 30, 2006 SECOND: Vince Marlin PASSED UNANIMIOUSLY 5.2 Bonus to Administrator Discussion was opened regarding giving the administrator a $1500.00 bonus as a holiday bonus in light of her good performance. MOTION by Vince Marlin to give the administrator a $1500.00 bonus. SECOND: Beulah Lair PASSED UNANIMIOUSLY VI. CORRESPONDENCE VII. NEW EMPLOYEE APPLICATIONS VIII. RETIREMENTS / TERMINATIONS IX. OPEN DISCUSSION AND INFORMATION X. ADJOURN MOTION by Beulah Lair to adjourn meeting SECOND: Vince Marlin Meeting adjourned at 8:19 PM