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HomeMy WebLinkAboutCity Council Committees - Fireman's Relief Pension Board - 01/17/2017 (2)Firemen's Relief and Pension Board Minutes January t7,20L7 Kent, Washington Approved April 18, 2OL7 BOARD MEMBERS PRESENT: Board Chair, Mayor Suzette Cooke, board members Dana Ralph, Sam Grubbs, and Kim Komoto, Secretary. STAFF MEMBERS PRESENT: Aaron BeMiller, Finance Director, Suzanne Shaw, Senior Financial Analyst, and Lavina Brennecke, Accounting & Reporting Manager. ABSENT: Al Bond 1. Call to Order The meeting was called to order at 3:35 p.ffi., with Committee Chair Mayor Cooke presiding. 2. Roll Call Committee member Al Bond was absent 3. Changes to the Agenda There were no changes to the agenda. 4. Aoproval of Minutes, dated October 18, 2O16 With the correction of the motion approving the minutes of October t8, 2OL6, referencing board member Grubbs, rather than board member Bond moving to approve the minutes, board member Grubbs moved to approve the minutes dated October t8, 20t6, and board member Ralph seconded the motion. The motion passed unanimously by a vote of 3-0. 5. 4th Quarter 2O16 Financial Transactions Lavina Brennecke, Accounting & Reporting Manager provided details regarding the financial reports for the months of October, November, and December of 2016. Board member Sam Grubbs moved to approve the financial reports for October, November, and December of 20L6, and board member Ralph SECONDED the motion. The motion passed unanimously by a vote of 3-0 6. Board Position No. 1 Election Results Ballots were opened by the City Clerk. All votes cast were for Sam Grubbs. Sam Grubbs term will expire June 30, 2018. Page l1 Firemen's Relief and Pension Board Minutes January t7, 2Ot7 Kent, Washington Approved April 18, 2OL7 7. COLA/RateAdjustment Suzanne Shaw, Senior Financial Analyst, advised the board that the Puget Sound Regional Fire Authority authorized an increase in salaries for 2Ot7. Members of the Firemen's Relief and Pension Board will receive the same increase. *After the meeting, Suzanne Shaw indicated the rate increase will be 2o/o oyêr 2OL6 salaries. 8. Adjournment At 3:46 p.ffi., Chair, Mayor Cooke declared the meeting adjourned. ( Kimberley Komoto Firemen's Relief and Pension Board Secretary Page l2