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OAKLAND COUNTY VEBA BOARD MINUTES
The Oakland County Voluntary Employees’ Beneficiary Association (VEBA) Board meeting was
held via teleconference on February 18, 2021 at 3:00 p.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), Andy Meisner (Harbor Springs, MI), Jeff Phelps
(Waterford, MI), Gwen Markham (Novi, MI), April Lynch
(Waterford, MI)
Members Absent (with notice):
Brian Partogian (Pontiac, MI)
Others Present:
Brittani Anthony, Human Resources
Jennifer Hain, Human Resources
Silvia Frank, Human Resources
Carly Webster, Human Resources
Kelly Pena, Human Resources
Aaron Castle, VanOverbeke, Michaud & Timmony, P.C.
Robert Wittenberg, Treasurer’s Office
Natalie Neph, Treasurer’s Office
Louise Gates, Gabriel, Roeder, Smith & Co.
II. Approval of the Agenda
A. Moved by Woodward, seconded by Rozell to approve the agenda and to
temporarily suspend Article IV – General Rules & Regulations of the Board
ByLaws, to allow or this Board meeting to be held via teleconference during the
COVID-19 pandemic. Motion carried.
III. Public Comment
None
IV. Regular Agenda
A. Moved by Phelps, seconded by Siskind to approve the minutes of January 21,
2021. Motion carried.
B. Moved by Siskind, seconded by Phelps to approve the corrected minutes of
November 19, 2020 and December 17, 2020. Motion carried.
V. Reports
A. Moved by Siskind, seconded by Phelps to receive and file the Hand Benefits
Trust 4th Quarter 2020 Retirement Health Savings (RHS) Trust Asset Report
(TAR). Motion carried.
B. Moved by Siskind, seconded by Phelps to receive and file the Graystone 4th
Quarter 2020 RHS Investment Review. Motion carried.
C. Aaron Castle of VanOverbeke, Michaud & Timmony, P.C. (VMT) provided a
verbal update on legal matters.
Oakland County VEBA Board Minutes
February 18, 2021
Page 2 VI. Unfinished Business
None
VII. New Business
A. Moved by Phelps, seconded by Rozell to allocate $15 million of the OCERS fund
to the Bloomfield Capital Income Fund V, pending legal review and successful
contract negotiation. Motion carried.
VIII. Trustee Comment
A. Chairperson VanLeuven noted the next meeting of this Board – Thursday, March
18, 2021.
IX. Chairperson VanLeuven adjourned the meeting without objection at 3:07 p.m.
Respectfully submitted,
__________________________________ ____________________________________
James VanLeuven Jr., Chairperson Silvia Frank, Secretary