HomeMy WebLinkAboutCCDATE=FEBRUARY 19, 2002 (2) • unfinished business
Ball Christcmon 6om Marquette Associates made a brief presentation at the"post of
the investment Committee in order to address the cont luslilicaliun issue of Firing a
uulwn mNor manwhm's for the fund, The discaseinn centered on the ability of the
Board to control the cost of the management of the Fund by choosing between 3 optima
financed, paesivu, said activennmm6cmnnt). Figures from MaquecWs management of
the Elgin police pension Fund were used to compare the effects of each option.
After B. Cbrocemmn left the meeting, a motion was made by J. Nowicki to hie
Marquette Associates as consultants to the Fir Pension Pool. Seconded by 1, 11 ennui.
Discussion followed and the motion carried. T. Michaels w notify Marquette of our
decision to litre them. C. Collins to to,to" the contract. K. Nelson to make notification
to Apple Hill Consulting, Inc_and Becker, Burke Associates It amporeted of the Beards
decision. Notification to L Rankin of MFG to also be made per his request at de
January meeting.
Now Business
W. Sabilino is due lot maul physical, C. Collins to follow op on this matter.
Notice received man Mitchell, Vaught K Walker of luncheon at the Union League
• Club Michael Moskow, President of the Federal Reserve Bans of Chicago, will dpcak-
Data in March 5V°, 2001
Adjournment
Motion w aljoum was made at 9:48an by J. Hairici, scoended by V. Board. Carried.
Atachinents.
Maryuette Preliminary Sysmms Rcvmw mid Police P:usion Rov eIawls
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