body,date,page,text
PensionBoard,2005-07-25,1,"MINUTES OF THE REGULAR MEETING
OF THE
PENSION BOARD OF THE CITY OF ALAMEDA
HELD 4:30 P.M., MONDAY, JULY 25, 2005
ALAMEDA CITY HALL
2263 SANTA CLARA AVENUE, ALAMEDA
CONFERENCE ROOM 391

The meeting was called to order by Chair Beverly Johnson at 4:35 p.m.

ROLL CALL: Present: Trustees Beverly Johnson, William Soderlund and Karen
Willis. Staff: Juelle-Ann Boyer, Chief Financial Officer and Lelia Faapouli,
Administrative Technician, Human Resources. Absent: Trustees: Nancy Elzig
and Robert Follrath.

MINUTES: The minutes of the Regular Meeting of April 25, 2005 were
reviewed. Member Soderlund motioned to accept the minutes as presented,
member Willis seconded; all were in favor and passed with a 3-0 vote.

CONSENT CALENDAR:

4-A. PENSION PAYROLL FOR THE MONTH OF APRIL 2005:

a. In the amount of $ 256,786.23 for the members under
Pension Ordinance No. 1079, N.S.

b. In the amount of $ 3,323.61 _ for the members under
Pension Ordinance No. 1082, N.S.

4-B. PENSION PAYROLL FOR THE MONTH OF MAY 2005:

a. In the amount of $ 250,698.99 for the members under
Pension Ordinance No. 1067, N.S.

b. In the amount of $ 3,323.61 for the members under
Pension Ordinance No. 1082, N.S.

4-C. PENSION PAYROLL FOR THE MONTH OF JUNE 2005:

a. In the amount of $ 258,135.52 for the members under
Pension Ordinance No. 1079, N.S.

b. In the amount of $ 3.323.61_ for the members under
Pension Ordinance No. 1082, N.S.

“Dedicated to Excellence, Committed to Service”
"
PensionBoard,2005-07-25,2,"City of Alameda
Minutes of the Regular Meeting of the
Pension Board — Monday, July 25, 2005

Page 2

Member Willis motioned to adopt the consent calendar as presented, Member
Soderlund seconded; all were in favor and passed with a 3-0 vote.

AGENDA ITEMS:

5-A.

5-B.

5-C.

5-D.

The Chief Financial Officer noted the first run on the Financial Report for
City of Alameda Police and Fire Pension Funds for period ending June 30,
2005 is a preliminary first closing and that second closing report will be
presented at next meeting. In a motion by Member Soderlund and
seconded by Member Willis, the Chief Financial Officer’s Financial Report
for City of Alameda Police and Fire Pension Funds for the period ending
June 30, 2005 was accepted as presented; all were in favor and passed
with a 3-0 vote.

Continuation of discussion on purchasing and erecting new flagpoles at
City Hall was not discussed due to absence of trustees. This issue will be
on agenda for next meeting in October 2005.

Member Soderlund motioned to accept, with regrets, the memo from
Human Resources notifying of the death of 1079 Pensioner, Lee Perry,
widow of Eugene Perry, Fire Apparatus Operator. Member Willis
seconded; all were in favor and passed with a 3-0 vote.

Juelle-Ann Boyer, Chief Financial Officer, brought the finalized Report of
Results of Actuarial Valuations of the Police and Fire Retirement System
(Plan 1079 and 1082) and the Retiree Health Care Plan to be distributed
to board members, copies to be mailed to absent members.

ORAL COMMUNICATIONS, NON-AGENDA (PUBLIC COMMENT)

There were no oral communications.

PENSION BOARD COMMUNICATIONS (COMMUNICATIONS FROM BOARD)

There were no communications from the board.

“Dedicated to Excellence, Committed to Service”
"
PensionBoard,2005-07-25,3,"City of Alameda

Minutes of the Regular Meeting of the
Pension Board — Monday, July 25, 2005
Page 3

8. ADJOURNMENT:

There being no further business to come before the board, the meeting was
adjourned at 4:40 p.m.

Respectfully submitted,

Karen Willis, Human Resources Director
and Secretary to the Pension Board

“Dedicated to Excellence, Committed to Service”
"