SUBJECT/RECOMMENDATION:
Title
Reappoint the following individuals to the Board of Trustees, Clearwater Police Supplementary Pension Plan as follows: Harvey Huber with a term to expire October 31, 2016; Paul E. Maser with a term to expire October 31, 2017; and Jeffrey DiVincent with a term to expire January 31, 2020. (consent)
Body
SUMMARY:
In keeping with the provisions of Florida Statute 185.05, which states in part…"the board of trustees shall consist of five members, two of whom, unless otherwise prohibited by law, shall be legal residents of the municipality, who shall be appointed by the legislative body of the municipality…"
Clearwater resident Harvey Huber (2621 Brandywine Drive, Clearwater) was approved by the City Council for reappointment to the Board of Trustees of the Police Supplementary Pension with his term expiring on October 31, 2012. Due to an oversight, Mr. Huber's reappointment term should have been extended for an additional four years. Accordingly, it is requested that Mr. Huber be approved for reappointment to the Board of Trustees through October 31, 2016.
Clearwater resident Paul E. Maser (1125 Fairwood Avenue, Clearwater) was approved by City Council for reappointment to the Board of Trustees of the Police Supplementary Pension with his term expiring October 31, 2013. Due to an oversight sight, Mr. Maser's reappointment term should have been extended for four additional years to October 31, 2017. Accordingly, it is requested that Mr. Maser be approved for reappointment to the Board of Trustees to October 31, 2017.
Florida Statute 185.05 states in part, "The fifth member shall be chosen by a majority of the previous four members, and such person's name shall be submitted to the legislative body of the municipality. Upon receipt of the fifth person's name, the legislative body shall, as a ministerial duty, appoint such person to the board of trustees as its fifth member…"
At a meeting of the Board of Trustees held on December 11, 2015, Jeffrey DiVincent agreed to serve a full four-year term as the fifth Trustee. Due to an oversight, Mr. DiVincent's reappointment term should have been extended on February 1, 2016 for an additional four years to January 31, 2020. Mr. DiVincent is a Clearwater police officer with over 21 years experience and has agreed to serve the term February 1, 2016 to January 31, 2020.
The Board of Trustees of the Clearwater Police Supplementary Pension Fund recommends that Harvey, Paul E. Maser and Jeffrey DiVincent be appointed to the Board of Trustees. Mr. Huber, Mr. Maser and Mr. DiVincent have stated they will accept the reappointment.
APPROPRIATION CODE AND AMOUNT: N/A
USE OF RESERVE FUNDS: N/A