HomeMy WebLinkAboutCity Council Committees - Fireman's Relief Pension Board - 01/16/2018 (2)Firemen's Relief and Pension Board
Minutes
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January 16,2018
Kent, Washington
Approved Apnl t7,2018
BOARD MEMBERS PRESENT: Board Chair, Mayor Dana Ralph, board members
Sam Grubbs, Al Bond and Kim Komoto, Secretary.
STAFF MEMBERS PRESENT: Aaron BeMiller, Finance Director, Lavina Brennecke,
Accounting and Reporting Manager, and Susanne Shaw, Senior Financial Analyst
1. Call to Order
The meeting was called to order at 3:34 p.m., with Committee Chair Mayor Ralph
presiding.
2. Roll Call
Mayor Dana Ralph- Present
Councilmember Les Thomas - Present
Kim Komoto - Present
Al Bond - Present
Sam Grubbs - Present
3. Chanoes to the Agenda
Sam Grubbs moved to approve the agenda as presented, seconded by Al Bond.
The motion passed unanimously with a vote of 5-0.
4. Aoproval of Minutes, dated October 17, 2O17
Sam Grubbs moved to approve the minutes dated October L7, 2OL7, and Al Bond
seconded the motion.
The motion passed unanimously with a vote of 5-0.
5. Financial Reoort
Lavina Brennecke, Accounting & Reporting Manager, provided details regarding the
cash and investments as of December 3t, 20L7, and reviewed the S-year
comparison and breakdown of current investments.
Lavina also provided details regarding the statement of revenues and expenses for
the year ending December 3L,20L7.
Sam Grubbs moved to approve the financial report ending December 3L, 2Ot7,
seconded by Al Bond.
The motion passed unanimously with a vote of 5-0.
Firemen's Relief and Pension Board
Minutes
January 16,2018
Kent, Washington
Approved April L7, 2018
6, Benefit Adjustment to Reflect the Puget Sound Regional Fire
Authoritv COLA Increase - Information Onlv
Susanne Shaw provided details regarding the benefit adjustment to reflect the
Puget Sound Regional Fire Authority COLA increase.
7. Adjournment
At 3:38 p.m., Chair,Ralph declared the meeting adjourned
Kimberley
Firemen's
moto
ef and Pension Board Secretary
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