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HomeMy WebLinkAboutMinutes - 2020.11.19 - 34062 OAKLAND COUNTY VEBA BOARD MINUTES The Oakland County Voluntary Employees’ Beneficiary Association (VEBA) Board meeting was held via teleconference on November 19, 2020 at 3:15p.m. I. Call to Order/ Roll Call Members Present: James VanLeuven Jr. (Clearwater, FL), Joseph Rozell (Pontiac, MI), Lauri Siskind (Riverside Co, CA), Dave Woodward (Royal Oak, MI), Curtis Childs (Pontiac, MI), Andy Meisner (Pontiac, MI), Jeff Phelps (Waterford, MI) Members Absent with notice: Helaine Zack, April Lynch Others Present: Jennifer Hain, Human Resources Silvia Frank, Human Resources Carly Webster, Human Resources Kelly Pena, Human Resources Aaron Castle, VanOverbeke, Michaud & Timmony, P.C. John Krakowiak, Graystone Freddie Sarno, Graystone Amy Cole, Graystone Dan Evans, Prudential Stephanie Biddle, Prudential Louise Gates, Gabriel, Rhoeder, Smith & Co. Ed Bolt, Prudential II. Approval of the Agenda A. Moved by Childs, seconded by Siskind to approve the agenda and temporarily suspend the Article IV – General Rules & Regulations of the Board ByLaws, to allow for this Board meeting to be held via teleconference during the COVID-19 pandemic. III. Public Comment None IV. Regular Agenda A. Moved by Siskind, seconded by Woodward to approve the minutes of October 21, 2020. Motion carried. V. Reports A. Moved by Childs, seconded by Meisner to receive and file the 3rd Quarter 2020 Retiree Health Savings (RHS) Plan Review and the Hand Benefits Trust Asset Report. Motion carried. B. Moved by Childs, seconded by Meisner to receive and file the November 19, 2020 memos from AndCo recommending investment in the Black Rock Direct Lending Feeder IX-L and the PIMCO Diversified Income Fund (PDIIX). Motion carried. C. Aaron Castle of VanOverbeke, Michaud & Timmony, P.C. (VMT) provided a verbal update on legal matters. Oakland County VEBA Board Minutes November 19, 2020 Page 2 VI. Unfinished Business None VII. New Business A. Moved by Childs, seconded by Meisner to receive and file the Election Results Statement for the Employee Representative, Brian Partogian of the Sheriff’s Office, who ran unopposed. Motion carried. VIII. Trustee Comment A. Chairperson VanLeuven noted the next meeting of this Board – Thursday, December 17, 2020 IX. Chairperson VanLeuven adjourned the meeting without objection at 3:22 p.m. Respectfully submitted, __________________________________ ____________________________________ James VanLeuven Jr., Chairperson Silvia Frank, Secretary