Illinois Valley Times

City of Ottawa Police Pension Board of Trustees met April 30

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 9, 2024 Regular Meeting

5. Accountant’s Report – Lauterbach & Amen, LLP

a.) Monthly Financial Report

b.) Presentation and Approval of Bills

c.) Additional Bills, if any

d.) Discussion/Possible Action – Cash Management Policy

6. Investment Report

a.) IPOPIF – Verus Advisory, Inc

i. State Street Statements

7. Communications or Reports

a.) Statements of Economic Interest

b.) Affidavits of Continued Eligibility

c.) Pension Fund Records Management

8. Trustee Training Updates

a.) Approval of Trustee Training Registration Fees and Reimbursable Expenses

9. Applications for Membership/Withdrawals from the Fund

10. Applications for Retirement/Disability Benefits

11. Old Business

a.) Portability Update – Jacob Callahan and Alex Jordon

12. New Business

a.) Discussion/Possible Action – Lauterbach & Amen, LLP Engagement Letter

b.) Discussion/Possible Action Fiduciary Liability Insurance Renewal

c.) Separation of Service – Devin Lang

d.) Discussion/Possible Action – FYE 2023 Audit

13. Attorney’s Report

a.) Legal Updates

b.) Discussion/Possible Action – Administrative Rules

14. Closed Session, if needed

15. Adjournment 

https://cityofottawa.org/wp-content/uploads/Government/Boards_Commissions/Pol_Pen/2024_Agendas/2024-04-30-Regular-Meeting-Agenda.pdf