City of Macomb Illinois Police Officers’ Pension Investment Fund Board met June 19.
Here is the agenda provided by the board:
1. Call to Order
2. Roll Call
3. Meeting Minutes
a. Review/Approve – May 1, 2020 Board Meeting Minutes
b. Review/Approve – May 8, 2020 Board Meeting Minutes
c. Review/Approve – May 13, 2020 Committee Meeting Minutes
d. Review/Approve – May 22, 2020 Board Meeting Minutes
4. Executive Director’s Report
a. Discussion/Possible Action – Board of Trustee Policy and Procedure
b. Discussion/Possible Action – Executive Director Policy and Procedure
c. Review/Possible Action – Accounts Payable Policy and Procedure
d. Discussion/Possible Approval – Annual Budget for Fiscal Year 2020 and Fiscal Year 2021
e. Discussion and Motion to Adopt – Modified Resolution Designating Public Depository
f. Status Update – Election Committee
g. Status Update – Insurance Coverage
5. General Counsel’s Report
a. Discussion/Possible Action – Establish Bylaws
b. Discussion/Possible Action – Selection of Fiduciary Counsel
6. Treasurer’s Report
a. Discussion/Possible Approval – Loan Agreement with the Illinois Finance Authority
b. Status Update – Banking Services
7. Secretary’s Report
8. Old Business
a. Discussion/Potential Action – Establish Meeting Schedule
9. New Business
a. Discussion and Motion to Adopt Revised Resolution 2020-01 Authorizing the Loan Agreement
b. Discussion and Motion to Adopt Resolution 2020-02 Approving the Employment Agreement with the Executive Director
c. Discussion and Motion to Adopt Resolution 2020-03 Approving the Bylaws
d. Discussion and Motion to Adopt Resolution 2020-04 Adopting the Budget for Fiscal Year 2020
e. Discussion and Motion to Adopt Resolution 2020-05 Adopting the Budget for Fiscal Year July 1, 2020 – June 30, 2021
10. Closed Session (If Needed)
11. Public Comment
12. Adjournment
https://cityofmacomb.com/wp-content/uploads/2020/06/2020-06-19-IPOPIF-Meeting-Agenda.pdf
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