November 5, 2020 Board Meeting Minutes

Posted on Dec 2, 2020

Board Members Present:                                                    

  • J. Carson, President
  • T. Rekar, Vice President
  • P. Malchow, Sgt-at-Arms
  • L. Warnes, Treasurer
  • R. Williamson, Secretary
  • J. Cowan
  • T. Kippel
  • B. Walsh
  • S. Carbonara-Ramos

Excused:

  • P. Farmer
  • D. Holland
  • T. Toth
  • S. Warren

Staff Members Present:

  • S. Dillon, Executive Director
  • J. Newsome, Attorney

General Session called to order at 11:00am

Board Discussion Items:

September Financial Report

  • 1st: L. Warnes
  • 2nd: B. Walsh
  • All in Favor
Investment Accts  September 2020 September  2019
Checking $160,442.31 $100,905.47
Gen’l Invested Fund $264,061.67 $338,787.08
Fallen Officers Fund $165,822.70 $162,208.67
Totals $590,326.68 $601,901.22

 

Investment Accts.     September 2020 August 2020 July 2020 June 2020 May 2020 April 2020
Checking $160,442.31 $138,576.16 $123,123.57 $125,791.75 $111,002.55 $127,099.35
Gen. Invested Fund $264,061.67 $270,217.78 $263,499.72 $253,223.09 $252,306.73 $316,079.15
Fallen Officers Fd. $165,822.70 $170,156.23 $165,981.71 $159,612.87 $159,469.40 $152,450.50
Totals $590,326.68 $578,950.17 $552,605.00 $538,627.71 $522,778.68 $595,629.00

Small Donor Account:                $23,244.00                      

  • Use of Force Committee: deferred due to board member absence.
  • Use of Force RFP Committee: deferred due to board member absence.
  • City-funded Childcare: deferred due to board member absence.
  • Agenda Items for November Meeting with Chiefs: None brought forward.

Executive Director Report:

  • SB20-217 Insurance: The PPA, Chief Niski, and insurance representatives met on  October 14th to discuss potential insurance plans in response to SB20-217.  Waiting on insurance representatives to report back as to whether 100 percent of membership will be required to buy-in to policy or if there will be an opt-out choice.
  • 3rd Quarter Membership Report: Year-to-date, sworn membership has increased by 19; Civilians increased by 6; and 19 sworn moved into the Retiree category.
  • Sesquicentennial Badges: The CSPPA completed the sesquicentennial badge sale on behalf of the department, taking orders for over 3000 items. The PPA issued payment to the vendor and is awaiting receipt of the order.
  • Investment Firm RFP: In keeping with best practices, we will be issuing an RFP for an investment firm after the start of the new year.
  • LETAC, the Law Enforcement Transparency and Advisory Commission now meets online every other Monday evening. We will monitor as feasible.
  • Annual Membership Meeting: In the absence of the Christmas gala, the 2020 annual membership meeting will be held online via Zoom or Microsoft Teams, with giveaways to be distributed using a random system.

Meeting adjourned at 11:44am