♪ Good morning, everybody, and welcome to the police and fire pension board meeting for July 9th, 2025. At this time, we'll start with the treasurer's report. We have Dale that will be presenting the treasurer's report for Chinese on vacation. Morning, I wasn't expecting to go first. You should have in your packet the various financial reports including the change in net assets for the months of April and May, the summary of the investment portfolio for April and May, the June checking account statement, and the fund reconciliation activity. There's no letter of transmittal this time because of payroll accruals. The value of the plan as of this morning is $1,014,440,445.36 as compared to last month of $994,916,116.45. Please refer to your northern trust manager mix report provided. Thank you, sir. We need a motion. Motion to accept the report. All in favor? Aye. All opposed? Do you have any discussion? Sorry. Yes. We don't have a transfer letter. He just stated that we weren't going to have one. Okay. I'm going through all my stuff, getting it straightened out. Oh. Sorry. You're fine. Any opposed? All right. That motion passes. Next, we need a motion for the minutes. Thank you. Thank you, sir. We need a motion to approve the minutes. Second. Any discussion? All in favor? Aye. All opposed? Over here. I think there's a correction. Acquire instead of require. Well, I was trying to get to that. I couldn't afford to print that. Third paragraph, Tommy Puckett required about the $8 million in cash. Okay. I'll make that change. Okay. There you go. Now it's okay. Change noted. Any further discussion? All in favor with the change? Aye. Aye. Any opposed? Next, we have new business. Ms. Combs. New business. Item number one is ghost time purchase for Christopher Carrington. I need a motion to approve. So moved. Second. All in favor? Aye. Any discussion? All opposed? I'll make the motion under her. Item number two, widow's annuity for Peggy Brashear. I need a motion to approve. So moved. Second. Any discussion? All in favor? Aye. Any opposed? Item number three, Steve Buxton. We're going to do a request to reschedule his hearing for September 10th, 2025. I need a motion to approve. So moved. Second. Any discussion? Any further discussion? This is due to a physician's report being delayed. It's due to, yes, a physician was on vacation. Thank you. All in favor? Aye. Any opposed? All right. Item number four, July disbursements. They're listed on your agenda. I need a motion to approve. So moved. Second. Any discussion? All in favor? Aye. Any opposed? Service retirements or disabilities, we have Officer Matthew Evans, Division of Police. Service retirement effective July 3rd, 2025. I need a motion to approve. So moved. Second. Any discussion? All in favor? Aye. Any opposed? All right. Next is Assistant Chief Sean Coleman, Division of Police. Service retirement July 12th, 2025. I need a motion to approve. So moved. Second. Any discussion? All in favor? Aye. Any opposed? All right. Next service retirement is Firefighter Casey Wiley, Division of Fire. Service retirement effective July 9th, 2025. I need a motion to approve. So moved. Second. Any discussion? All in favor? Aye. Any opposed? Next on the agenda are disabilities. Michael Rath, Division of Fire. Application for total and permanent occupational disability. I need a motion to send to appropriate doctors. So moved. I'll second. Any discussion? All in favor? Aye. Any opposed? Next on the agenda is Jamie Tensley, Division of Fire. Third medical report completed and distributed. I need a motion, please. Motion to approve and send at the appropriate rate. I'll second. Any discussion? All in favor? Aye. Any opposed? Next on the agenda is Jacob Evans, Division of Police. Medical reports completed and distributed. I need a motion, please. Motion to approve and send at the appropriate rate. Second. Any discussion? All in favor? Aye. Any opposed? At this time, can we have comment? Anybody who wants to make comments on the retirements and disability? Thank you, Chief. I just want to offer my thanks and congratulations to members of police and fire who are retiring, whether it is disability or service. I know oftentimes when we leave on disability, it's not going out the way that you envisioned it, but we certainly appreciate everybody's service. For our part, Firefighter Casey Wiley served the division with honor and served on our special operations team, and we're grateful for his service. And then with Assistant Chief Coleman, he and I, I think probably 100 years ago, worked loss prevention together, and he went the police route and I went the fire route, and it's been a wonderful career, so thank you for his long tenure as well. Thank you, Chief. Any other comments? Chief, and I hate to step on Chief Wells' toes here, but in regard to Firefighter Wiley, he's one of those guys that just because you didn't have a rank when you left here doesn't mean you didn't exude leadership, and I can tell you we're going to be a lot less on 1st Platoon by not having his saltiness. That guy was a leader, a wealth of knowledge, and when he was there, you knew that things were going to get taken care of. So thank you for your service, and thank you for your service as well. Officer, thank you. Anybody else? I'd like to make some comments, especially for Officer Matt Evans and for Assistant Chief Coleman. Matt had over 24 years of service, and Chief Coleman had over 30. Both are close personal friends, spent the majority of my career working with both of them, which was just a little over 100, just a little. They will be deeply missed, and that's all I'm going to say right now because it's always difficult when you have people that you've been around, especially that you consider like family, choose to take that retirement. But I wish them luck in their future endeavors, and I want to echo Chief Will Simmons about those who are going out on disability. Thank you for all that you do. Thank you for all that you've done, and thank you for the physical sacrifices that you make. Thank you. Next, we have subcommittee reports. We have Tommy with the continuation of benefits as well as the legislative subcommittee. Any updates, sir? Okay, the continuation of benefits, no actions, so that's always good. Legislative subcommittee, we will be having another meeting. I've just got to get together with Susan and everybody and get a date for that. Next is organizational subcommittee, and that's Trey. As you well know, we've had several, a couple of meetings now regarding asset allocations, and we're getting quite the education. We've got another meeting scheduled, as you can see, on July 28th, 2025 at 1030. The obscure time is because we team up, link up with a gentleman in San Francisco, I believe, at least in California. It's been good, and I think this meeting will kind of conclude that until we can get to our August board meeting or September board meeting. Anyway, that's all. Anybody with any additional information? I'd like to have a motion to adjourn. So moved. Any discussion? All in favor? Any opposed? Thank you all. Thank you.