Employee Benefits Trust Fund

5790 Margate Boulevard City of Margate Margate, FL 33063 954-972-6454 www.margatefl.com Summary Agenda - Final Employee Benefits Trust Fund James Wilbur, Chair Neil Sohn, Vice Chair Jacqueline Chin-Kidd, Secretary Frank DiNatale, Trustee Robert Kriplean, Trustee Todd Sherman, Trustee Joanne Simone, Trustee Thursday, November 19, 2020 11:00 Virtual Meeting https://us02web.zoom.us/j/89788596208 Webinar ID: 897 8859 6208 CALL TO ORDER ROLL CALL 1) PUBLIC DISCUSSION 2) PRESENTATION A. ID 2020-422 INVESTMENT MANAGEMENT PERFORMANCE UPDATE FROM GRAYSTONE CONSULTING Attachments: Margate _Manager Search 11 2020 Quantitative.pdf Margate Third Quarter Report FINAL.pdf Margate Draft IPS 8 2020.docx.pdf Margate _Fee Analysis Revised.pdf Margate Asset Allocation Study 11 2020 REVISED.pdf 3) MINUTES A. ID 2020-415 MOTION - APPROVING MINUTES DATED AUGUST 3, 2020 AND SEPTEMBER 9, 2020 Attachments: 2020-0909 EBTF DRAFT.pdf 2020-0803 EBTF DRAFT.pdf 4) INVOICES A. ID 2020-417 MOTION - APPROVING INVOICE(S) FROM MIERZWA & FLOYD, P. A. Attachments: M & F - INVOICE.pdf City of Margate Page 1 Printed on 11/19/2020 7:53 AM Employee Benefits Trust Fund Summary Agenda - Final November 19, 2020 5) DISCUSSION AND POSSIBLE ACTION A. ID 2020-416 MOTION - APPROVING NEW CONTRACT WITH MICHAEL P. MANGAN C. P A., P. A. FOR ACCOUNTING AND BOOKKEEPING SERVICES Attachments: City of Margate Engmt Ltr 053120.pdf B. ID 2020-418 MOTION - APPROVING NEW HOURLY RATES FOR MIERZWA & FLOYD, P. A. Attachments: 982497.0125.pdf 6) APPROVAL OF BENEFITS A. ID 2020-419 DISCUSSION AND POSSIBLE ACTION - APPROVAL OF RENEWAL APPLICATIONS B. ID 2020-420 DISCUSSION AND POSSIBLE ACTION - APPROVAL OF NEW APPLICATIONS C. ID 2020-421 DISCUSSION AND POSSIBLE ACTION - APPROVAL OF DEATH BENEFIT 7) REPORT FROM ATTORNEY 8) REPORT FROM TRUSTEES 9) OTHER BUSINESS 10) SCHEDULE NEXT MEETING ADJOURNMENT If a person decides to appeal any decision made by the Board with respect to any matter considered at this meeting, the person will need a record of the proceedings, and for such purpose may need to ensure that a verbatim record of the proceedings is made, which record includes the testimony and evidence upon which the appeal is to be based. Anyone desiring a verbatim transcript shall have the responsibility, at his/her own expense, to arrange for the transcript. Any person with a disability requiring auxiliary aids and services for this meeting may call the City Clerk's office at 954-972-6454 with their request at least two business days prior to the meeting date. One or more members of the City Commission or advisory boards of the City of Margate may be in attendance and may participate at the meeting. City of Margate Page 2 Printed on 11/19/2020 7:53 AM Employee Benefits Trust Fund Summary Agenda - Final November 19, 2020 Per the unanimous approval of Emergency Ordinance 2020-6 on October 30, 2020, the City Commission finds that it is in the best interests of the City Commission, Boards, Committees, City personnel, and citizens and residents of the City to authorize the City Manager to provide for the City Commission, members of the various Boards, Committees, Magistrate, staff, and the public to be able to attend meetings electronically during a declared public health emergency, pursuant to the City’s Charter, Chapter 252, Florida Statutes, Section 4 D of Governor DeSantis’ Executive Order 20-52, and the City’s home rule authority, including that set forth in Article VIII, Section 2(b), Florida Constitution, and Section 166.021, Florida Statutes. Consistent with the authority contained in the Emergency Ordinance, and in order to ensure the health, safety, and welfare of the City of Margate’s residents and employees, the City of Margate finds that it is in their best interests to hold this virtual public meeting. Therefore, the City of Margate will be holding this virtual meeting through the use of electronic communications. Members of the public are invited to join this virtual meeting at www.zoom.com and entering Webinar ID: 897 8859 6208 or by calling in via telephone by dialing one of the following phone numbers: 312-626-6799 or 929-205-6099 - Webinar ID: 897 8859 6208 A copy of the Agenda for this Virtual Meeting is posted on www.MargateFL.com and on the main bulletin board outside City Hall located at 5790 Margate Blvd, Margate, FL 33063. Any comments related to any item on the agenda can be submitted to the following e-mail address: JJKAVANAGH@MARGATEFL.COM INSTRUCTIONS FOR PARTICIPATING IN THE MARGATE EMPLOYEE BENEFITS TRUST FUND (EBTF) VIRTUAL MEETING THURSDAY, NOVEMBER 19, 2020 AT 11 A.M. THROUGH THE CITY’S WEBSITE: Go to www.margatefl.com Go to “Agendas & Minutes” > Find the respective meeting date and click “Agenda Summary” to view the agenda items and see the Zoom meeting website address THROUGH COMCAST CHANNEL 78: If you are a Comcast/Xfinity customer, please go to Channel 78 to view the meeting. PRIOR to the start of the meeting, email Public Comments to JJKAVANAGH@MARGATEFL.COM (all public comments that are three (3) minutes or less will be read into the record.) ALTERNATE OPTION FOR VIEWING AND PARTICIPATING IN THE MEETING: THROUGH ZOOM TECHNOLOGY: Instructions for Attendees\Participants: Topic: “Virtual Meeting - Margate Employee Benefits Trust Fund” Enter the following link to join the webinar: https://us02web.zoom.us/j/8978859208 Telephone: Dial (for higher quality, dial a number based on your current location): US: 1-669-900-6833 or 1-929-205-6099 Webinar ID: 897 8859 6208 City of Margate Page 3 Printed on 11/19/2020 7:53 AM Employee Benefits Trust Fund Summary Agenda - Final November 19, 2020 City of Margate Page 4 Printed on 11/19/2020 7:53 AM