City of Highwood Police Pension Board met April 7.
Here is the agenda provided by the board:
1. Call to Order
2. Roll Call
3. Public Comment
4. Approval of Meeting Minutes
a. January 6, 2022 Regular Meeting
5. Accountant’s Report – Sikich, LLP
a. Monthly Financial Report
b. Presentation and Approval of Bills
c. Additional Bills, if any
i. Illinois Department of Insurance Compliance Fee
6. Investment Report – Sawyer Falduto Asset Management, LLC
a. Quarterly Investment Performance Review
b. Investment Policy – Review and Update as Needed
7. Communications and Reports
a. Confirmation of Tax Levy for Fund in City Levy Ordinance and add Additional Contributions
b. Statements of Economic Interest
c. Affidavits of Continued Eligibility
8. Illinois Police Officer Pension Investment Fund (IPOPIF) (Tranche TBD)
a. Notice of Asset Transfer Date
b. Review of IPOPIF Checklist
c. Review/Approval of Resolution Appointing Authorized Agents
d. Review/Approval of Transfer Notice Letter to Investment Advisor and Custodian
e. Review of Cash Flow Projections
f. Review/Approval of Transition Cash Retention
g. Identification of Local Account(s) for Cash
h. Review/Approval of Collateralization Agreement for BMO Harris Account
i. Review/Approval of eCFM Portal Form and Appointment of Account Representatives for Portal
j. Amendments to and Future Termination of Investment Professional and Custodial Agreements
k. Status of Arlington Heights PPF v. Pritzker
9. Applications for Membership/Withdrawals from Fund
10. Applications for Retirement/Disability Benefits
a. Rico Stringer Disability Application – Review/Possible Action – City’s Petition to Intervene and Appointment of IME Physicians
11. Old Business
a. Review/Approval of Updated MCR for Fiscal Year Ending April 30, 2021
12. New Business
a. Certify Board Election Results – Active Member Position
b. Review/Approval of Resolution Establishing Signatory Authority
c. Discussion/Possible Action – Lauterbach & Amen, LLP Engagement Letter
d. Discussion/Possible Action – Sikich, LLP Engagement Letter
13. Attorney’s Report – Ottosen DiNolfo
14. Trustee Training Updates
a. Status of Trustee Training Hours
b. Approval of Trustee Training Registration Fees and Reimbursable Expenses
15. Closed Session, if needed
16. Adjournment
https://www.cityofhighwood.com/AgendaCenter/ViewFile/Agenda/_04072022-875
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