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HomeMy WebLinkAbout04/19/2004 FPFB agendaAGENDA MOUNT PROSPECT FIREMENS PENSION FUND BOARD REGULAR MEETING Monday, April 19, 2004 Fire Department Conference Room 2°d FLOOR *** 8:30 A.M. *** I. CALL TO ORDER II. ROLL CALL CHIEF FIGOLAH MAYOR FARLEY VELMA LOWE VILLAGE ATTORNEY JAMES JULIANO III. APPROVE AGENDA JEFF RICKER DAVID ERB DON BURGER SAN BAAS IV. APPROVE MINUTES A. Regular Meeting, January 19, 2004 V. TREASURER'S REPORT A. Quarterly financial report VI. COMMITTEE REPORTS A. MEDICAL COMMITTEE: Don Burger, Sam Baas B. LEGAL COMMITTEE: Mayor Farley, Chief Figolah VII. OLD BUSINESS VIII. NEW BUSINESS A. Rick Potter of Becker Burke will give a presentation from the Vanguard group. B. Gary Karshna of Capital Gains C. Withdraw moneys from the Guardian Annuity. Discuss closing the account in December of 2004. D. Cary Collins, Pension Attorney Discussion of rate increases. E. Consider purchase of closed session electronic audio recording devic F. Election results for Pension trustee. Seat new me � U IV. ADJOURNMENT APP VILLAGE CLERK'S OFFICE LAW OFFICES OF CARY J. COLLINS, P. C. 2200 WEST HIGGINS ROAD, SUITE 145 HOFFMAN ESTATES, IL 60195 TELEPHONE: (847) 519-0010 FACSIMILE: (847) 519-0016 Cary J. Collins* *Also admitted in Wisconsin March 25, 2004 Mt. Prospect Fire Department Pension Board Attn: Chief Michael Figolah 112 East Northwest Highway Mt. iospect IL 60056 RE: Quarterly Retainer Dear Pension Board: We wrote in January of this year to advise our clients as to office changes. We have recently tried to improve our services to our clients, such as overseeing annual physical examinations and keeping clients updated on important legislation. We have, however, incurred increased costs for utilities, travel expenses, and other costs. We have therefore had to review our billing for retainers and hourly billing rates. The new rates are as follows: Retainer: $575.00 Hourly Rate: $150.00 per hour for adversarial matters. As you are aware, we do not increase our fees annually and it has been several years since we last increased our fees. We hope you will review and approve these increases at your next meeting.