04-06-94 v MINUTES OF ATLANTIC BEACH CITY COMMISSION MEETING AS A COMMITTEE OF
THE WHOLE IN CITY HALL ON WEDNESDAY, APRIL 6, 1994
Present were: Lyman T. Fletcher, Mayor
Steven M. Rosenbloom
Suzanne Shaughnessy
J. Dezmond Waters, III, and
Robert G. Weiss, Jr. , Commissioners
And: Kim D. Leinbach, City Manager
Maureen King, City Clerk
The meeting, which was being held for the purpose of deciding on a
format to be used at the proposed pre-budget community meetings,
was called to order by Mayor Fletcher.
The Mayor explained that questions regarding a format and whether
the presentations at the pre-budget meetings should be made by
staff or the by City Commission, had been raised at the strategic
planning session the previous week.
Discussion ensued and it was felt that staff would be better
equipped to provide the information and to make a presentation on
the realities of the budget; however, it was felt that attendance
would probably be low if the City Commission was not involved.
Following further discussion the Commission agreed to abandon the
idea of holding community meetings since it was felt that the
city' s purpose would best be served by holding a town meeting in
City Hall and making sure that this meeting was well publicized so
that it would be well attended.
There being no further discussion, the Mayor declared the meeting
adjourned at 8:40 PM.
Maureen King, Cit Clerrk
MINUTES OF THE JOINT MEETING OF ATLANTIC BEACH CITY COMMISSION AND
PENSION BOARD OF TRUSTEES HELD IN CITY HALL ON APRIL 6, 1994.
City Commission Members Present:
Lyman T. Fletcher, Mayor
Steven M. Rosenbloom
Suzanne Shaughnessy
J. Dezmond Waters, III
Robert G. Weiss
Pension Board Members Present:
Richard E. White
John Fletcher
Stuart Hicks
Don C. Ford
Joseph P. Garvin
Staff Present:
Kim D. Leinbach, City Manager
Maureen King, City Clerk
The meeting was called to order by Mayor Fletcher who explained the
City Commission was trying to meet with each board and committee of
the city to acquaint themselves of the duties and responsibilities
of the various groups, to understand their goals and objectives,
and to work with each group as far as possible to accomplish those
goals.
The meeting opened with a discussion on the role of the Pension
Board and Richard White indicated the Pension Board was the
guardian of the pension funds. The Pension Board also approved
retirements, subject to their meeting the criteria provided in the
city code. He explained the composition of the Pension Board and
indicated that the board made recommendations to the City
Commission relative to pension benefits. Commissioner Rosenbloom
felt the board should also represent the beneficiaries.
Commissioner Rosenbloom explained a change in the Florida law
regarding pension plans but Richard White indicated that since the
Atlantic Beach plan was in place prior to the change, it was not
required to comply with state law.
It was explained that Sun Bank managed the pension funds and
Merrill Lynch monitored their performance and made quarterly
reports to the Pension Board. The city' s plan always ranked in the
top 10% of pension funds and the fund had experienced an average
annual growth rate of 11% in the six year period that Sun Bank had
been managing the funds. Mayor Fletcher requested that the City
Commission receive copies of the quarterly reports and any other
pertinent documents.
Page Two
Minute of Joint Meeting of City Commission & Pension Board
April 6, 1994
Richard White explained that at a meeting held earlier that
evening, the pension board had endorsed the concept of introducing
a cafeteria plan which he felt would be beneficial to both the city
and the employees.
Don Ford reported he had recently conducted a survey among city
employees and the majority of those responding requested that
Social Security benefits no longer be a consideration when
estimating pension payments.
Fire Dept. Lt. Hill inquired regarding the insurance surtax rebate
which was received annually from the state and Richard White
explained this was a tax levied by the city and was used to fund
additional pension benefits for public safety employees.
The Mayor thanked the board members for the work they do and
offered to work with them any way he could. There being no further
discussion the meeting was adjourned at 8: 05 PM.
Maur en King, City CleYk