Retiree Health Care Investment Board

CITY OF ROYAL OAK RETIREE HEALTH CARE INVESTMENT MINUTES OF THE REGULAR MEETING OF THE BOARD OF TRUSTEES A meeting of the Retiree Health Care Investment Board of Trustees was conducted in the City Hall st Conference Room 309, Royal Oak MI, Wednesday – December 21 , 2016 at 9:00 a.m. The meeting was called to order by Chairperson Don Van Ochten at 9:17 am Attendance PRESENT: Don Van Ochten- Chairperson Lee Collick- Vice Chairperson Dave Poulton- Trustee Pat Paruch- Trustee Don Johnson- Trustee ALSO PRESENT: Julie Rudd – Bd Chief Administrative Officer/ Bd Secretary/Bd Treasurer Leah Motyka- Administrative Assistant- Pension Technician John Lang-member of DPS Public Comment - none st Board approval of the draft minutes for December 1 , 2016 meeting st Moved by Dave Poulton to approve the December 1 , 2016 meeting minutes Supported by Pat Paruch MOTION ADOPTED 5/0 INVESTMENTS Firms interviewed: The Bogdahn Group (9:19 am - 9:50 am) Presentation booklet distributed by firm (on file in finance department) Independent Portfolio Consultants (10:00 am – 10:37 am) Presentation booklet distributed by firm (on file in finance department) Morgan Stanley (10:45 am – 11:30 am) Presentation booklet distributed by firm (on file in finance department) Dahab Associates (11:32 am – 12:13 pm) Presentation booklet distributed by firm (on file in finance department) LEGAL None OTHER BUSINESS None NEXT MEETING AND ADJOURNMENT th Next regular meeting is scheduled for 1:30 pm Thursday – January 5 , 2017 at City Hall room 309.  th Meeting adjourned the meeting (12:20 pm.) and confirm next meeting for January 5 , 2017 at 1:30 pm.