Employees' Retirement System

CITY OF HIALEAH EMPLOYEES' RETIREMENT SYSTEM Board Chairman Board Members Robert W. Williams III Michael Rosengaus Board Vice Chairman Manuel Ferrera Jonathan A. Martinez Robert W. Williams Board Secretary Gelien Perez MinyingHo Board Attorney Stuart Kaufman REGULARLY SCHEDULED MEETING OF THE BOARD OF TRUSTEES MARCH 20, 2018 1:30 P.M. CITY OF HIALEAH COUNCIL CHAMBERS Robert W. Williams III, Chairman Present Jonathan A. Martinez, Vice Chairman Absent Min Ying Ho, Secretary Present Robert W. Williams Present Gelien Perez Arrived 1:41PM Manuel R. Ferrera Present Michael Rosengaus Present Stuart Kaufman, Board Attorney Present Grise II Aedo, Clerk of the Board Absent Moment of Silence Led by Mr. B. Williams Withdrawals, Deferrals or Additions Roll Call Public Comments Item 1 Reports to the Board: A) Black rock B) Entrust Capital C) Price Asset Mgmt. D) Boyd Watters E) Taplin, Canida & Habacht F) Captrust TELEPHONE: (305) 883-5872 Retirement Summary Agenda March 20, 2018 G) Cash flow report for the month ending October, 2017 Item 2 Application for Joint Pensioner Retirement, pursuant to Section 70-243, case of: A) Violeta Del Valle Blanco (Community Development) MOTION by Mr. Ferrera seconded by Mr. Rosengaus, as follows: "To approve Joint Pensioner Retirement of Item 2A, Violeta Del Valle Blanco (Community Development) MOTION carried a 6-0-1 vote with B. Williams, M. Ho, Ferrera, Rosengaus, G. Perez and R. Williams voting "Yes" and Martinez absent Item 3 Application for Deferred Retirement, pursuant to Section 70-239, case of: A) John Sabatier (Police) MOTION by Mr. Rosengaus , seconded by Mr. Ferrera, as follows: "To approve Item 3A Deferred Retirement of John Sabatier (Police); MOTION carried a 6-0-1 vote with B. Williams, M. Ho, Ferrera, Rosengaus, G. Perez and R. Williams voting "Yes" and Martinez absent Item4 Request to pay invoice from Klausner, Kaufman, Jensen & Levinson in the total amount of $3,513.00 for services rendered through February 28, 2018. MOTION by Mr. Ferrera, seconded by Mr. Rosengaus, as follows: "To approve Item 4 to pay invoice from Klausner, Kaufman, Jensen & Levinson in the total amount of $3,513.00 for services rendered for February 2018." MOTION carried a 6-0-1 vote with B. Williams, M. Ho, Ferrera, Rosengaus, G. Perez and R. Williams voting "Yes" and Martinez absent 2 Retirement Summary Agenda March 20, 2018 ItemS Presentation, discussion and approval of the Hialeah Municipal Employees Federal Credit Union newsletter mailing insert that will be mailed out to the retirees. TABLED 02/20/18 "Item Tabled ." Item 6 Discussion and possible approval to select Chairperson. MOTION by Mr. R. Williams, seconded by Ms. Ho, as follows: "To approve Item 6, selecting Mr. B. Williams as the chairperson". MOTION carried a 6-0-1 vote with B. Williams, M. Ho, Ferrera, Rosengaus, G. Perez and R. Williams voting "Yes" and Martinez absent Item 7 Discussion and possible approval to select Vice chairperson. MOTION by Mr. R. Williams, seconded by Mr. Ferrera, as follows: "To approve Item 7, selecting Mr. Martinez as the Vice chairperson". MOTION carried a 6-0-1 vote with B. Williams, M. Ho, Ferrera, Rosengaus, G. Perez and R. Williams voting "Yes" and Martinez absent Item 8 Approval of the following Retirement Board Minutes: A) February 20, 2018 3 Retirement Summary Agenda March 20, 2018 MOTION by Mr. Rosengaus, seconded by Mr. Ferrera, as follows: "To approve Item SA Retirement Board Minutes of February 20, 2018." MOTION carried a 6-0-1 vote with B. Williams, M. Ho, Ferrera, Rosengaus, G. Perez and R. Williams voting "Yes" and Martinez absent Schedule the next regular Retirement Board meeting for Tuesday April 17, 2018 at 1:30 P.M., Council Chambers, 3rd Floor. Schedule the next regular Retirement Board meeting for Tuesday April 17, 2018, at 1:30 P.M., Council Chambers, 3rd Floor. New Business: There being no further business, the meeting adjourned at 2:45 P.M. Input from Active and Retired Members: Persons wishing to appeal any decision made by the Board with respect to any matter considered at this meeting will need a record of the proceedings, and, for such purposes, may need to ensure that a verbatim record of the proceedings is made, which record includes the testimony upon which the appeal is to be based. In accordance with the Americans with Disabilities Act of 1990, persons needing special accommodation to participate in this proceeding should contact the Office of the City Clerk at (305) 883-5820 for assistance no later than seven (7) days prior to the proceeding; if hearing impaired, telephone the Florida Relay Service at (800) 955-8771 (TDD), (877) 955-8773 (Spanish) or (800) 955-8770 (Voice). 4 Retirement Summary Agenda March 20, 2018 This meeting may be conducted by means of, or in conjunction with, communications media technology, specifically a telephone conference call. The above location, which is open to the public, shall serve as an access point. Persons wishing to attend should appear at the access point, where access to the meeting will be provided. 5