Retiree Health Care Investment Board

CITY OF ROYAL OAK RETIREE HEALTH CARE INVESTMENT BOARD 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 Conference Room 309, Royal Oak MI, Monday – March 6, 2017 at 1:30 p.m. The meeting was called to order by Chairperson Don Van Ochten at 2:04 pm Attendance PRESENT: Don Van Ochten- Chairperson Dave Poulton- Trustee Pat Paruch- Trustee Don Johnson- Trustee ALSO PRESENT: Julie Rudd - Bd Chief Administrative Officer/ Bd Secretary/Bd Treasurer Tom Michaud - Bd Attorney with VanOverbeke Michaud and Timmony Brian Green – Investment Advisor with AndCo Leah Motyka- Administrative Assistant- Pension Technician EXCUSED ABSENCE: Moved by Pat Paruch to excuse Vice Chairperson Lee Collick’s absence Supported by Dave Poulton MOTION ADOPTED 4/0 Public Comment- none nd Board approval of the draft minutes for February 2 , 2017 meeting nd Moved by Pat Paruch to approve the February 2 , 2017 meeting minutes Supported by Dave Poulton MOTION ADOPTED UNANIIMOUSLY 4/0 INVESTMENTS Long term rolling investment return analysis. Presentation by Brian Green (report on file in the finance department) LEGAL None OTHER BUSINESS None NEXT MEETING AND ADJOURNMENT Next regular meeting is scheduled for immediately following the retirement system board meeting at th approximately 1:30 pm on Monday – April 13 , 2017 at City Hall room 309. th Moved by Don Johnson to adjourn the meeting (2:25 pm.) and confirm next meeting for April 13 , 2017 immediately following retirement system board meeting at approximately 1:30 pm Supported by Pat Paruch MOTION ADOPTED UNIANIMOUSLY 4/0