HomeMy WebLinkAboutMinutes - 2015.07.23 - 32472OAKLAND COUNTY VEBA BOARD MINUTES
The Oakland County Voluntary Employees’ Beneficiary Association Board (VEBA) was held
July 23, 2015 at 2:55 p.m. in the East Oakland Conference Room.
Members Present: James H. VanLeuven, Jr. Curtis Childs
D’Arcy Gonzales Thomas Middleton
Laurie VanPelt (designee of County Executive)
Members Absent: Jeffrey Phelps, with notice
Andy Meisner, with notice
Joseph Rozell, with notice
Eileen Kowall, with notice
Others Present: Judy Fandale, Human Resources
Jennifer Hain, Human Resources
Paige Ritchie, Human Resources
Keith Lerminiaux, Corporation Counsel
George Tarlas, ACG
Joe Nugent, ACG
David Breuhan, Gregory J. Schwartz & Co.
Scott Brown, Morgan Stanley
1. Moved by Middleton, seconded by VanPelt to approve the minutes of the June 18, 2015
Voluntary Employees’ Beneficiary Association Board Meeting. Motion carried.
2. Meeting was opened for public comment. No one spoke.
3. Moved by VanPelt, seconded by Gonzales to approve the invoice from Gabriel, Roeder,
Smith & Co. in the amount of $24,000 for regular retainer services provided to the Oakland
County Voluntary Employees Beneficiary Association (VEBA) for 2015. Motion carried.
4. Moved by Gonzales, seconded by VanPelt to allocate $10 million to the Walton Street Real
Estate Opportunistic Fund VIII subject to a mutually accepted subscription Agreement.
Motion carried.
The next meeting is scheduled for Thursday, August 20, 2015, immediately following the
Retirement and Deferred Compensation Board meeting.
Respectfully submitted,
____________________________________ ____________________________________
James H. VanLeuven, Jr. - Chairperson Judy D. Fandale, Secretary