HomeMy WebLinkAboutPension Minutes 11-19-18
PLAINVIEW FIREMEN’S RELIEF AND RETIREMENT FUND
MINUTES * November 19, 2018 * 7:45 a.m.
The Board of Directors for the Plainview Firemen’s Relief & Retirement Fund held a meeting at 7:45
a.m., November 19, 2018, at IHOP Restaurant, 701 N. I-27, Plainview, Texas, 79072. Action may be
taken on each agenda item.
Members: Visitors:
Sarianne BeversdorfRachael Foster
Wendell Dunlap David Sells
Tony Ramirez Tim Sharp
Bobby Gipson Carlo Rivera
Steve Martinez
Michael Frizzell
Kevin Whisenant
OPEN MEETING: Called to order by Gipson at 7:48am.
1. Approval of old minutes. Motion to accept minutes from October meeting as presented made
by Whisenant and second by Frizzell with all in favor.
2. Consider and take necessary action on receiving, reviewing and approving the quarterly
investment and rebalancing report by Morgan Stanley Investment Advisor, Tim Sharpe. Motion to
accept quarterly report and rebalancing as presented by Tim Sharp Made by Frizzell and second by
Whisenant with all in favor.
3. Review, consider and take necessary action on the Adoption Agreement for the Revised Plan
Document and Resolution Restatement. Motion to adopt revised Plan Document made by Frizzell and
second by Whisenant with all in favor.
4. Consider personnel matters
a. Approval of new hires: None
b. Approval of refunds on terminating employees: None
c. Approval of retirements: None
d. Approval of proper course of action on member deaths: None
5. Review progress of mandatory training for new board members. None
6. Approve pending invoices for payment: Legal Services Invoice from Hund Krier, Wilkerson &
Wright. Motion made by Beversdorf to pay Invoice #69 for the amount of $3,293.75 and second by
Frizzell with all in favor.
7. Acknowledge deposits, if any. None
8. Announcements. None
9. Adjourn. Meeting adjourned at 8:43 by Gipson.
Tony Ramirez: Secretary