Houston Firefighters Relief and Retirement Fund Board of Trustees met July 19

Houston Firefighters Relief and Retirement Fund Board of Trustees met July 19.

Here are the minutes provided by the board:

A regular meeting of the Houston Firefighters’ Relief and Retirement Fund (HFRRF) Board of Trustees convened at the Fund offices at 4225 Interwood North Parkway, Houston, Texas 77032, at 10:11 a.m.

Trustees present were Brett R. Besselman (Chair), Stephen R. Whitehead (Vice Chair), Lisa R. Slagle (Secretary), Gerard L. Daniels, Pete Ng, David Riegor, David O. Lantrip, Arif Rasheed (City Treasurer Designee), Earnest W. Wotring (Mayor’s Representative), and Albertino “Al” Mays (Citizen Member). Also present were staff members Timothy Schauer (Executive Director),

Ajit Singh (Chief Investment Officer), Claudia McInnis (Director of Finance & Administration), Dalia “Dolly” De La Cruz (Director of Member Services), Andrea Sharayha (Director of Human Resources), John D. Moore II (Director of Technology and Building Services), and Adam E. Smith (General Counsel).

The Chair called the meeting to order at 10:11 a.m.

The Board recited the Pledge of Allegiance and observed a moment of silence. The Chair invited comments from the public.

Retired Fund Member Lance Stahl addressed the Board.

There was a motion by David O. Lantrip, seconded by Stephen R. Whitehead, to approve the following items listed on the Consent Agenda:

A. Approval of the minutes of the regular Board meeting held on Tuesday, June 21, 2022.

B. Approval of the report of the Pension Benefits Committee meeting held on Tuesday, June 21, 2022.

C. Approval of the minutes of the Investment Committee meeting held on Monday, June 27, 2022.

The motion carried.

There was a motion by Stephen R. Whitehead, seconded by David O. Lantrip, to approve the speaking engagement of the Executive Director at the ValueEdge Advisors “2022 Public Funds Forum” on September 6-8, 2022 in Laguna Beach, CA with airfare and two (2) nights of hotel accommodation, to be paid by Gilardi & Co LLC. The motion carried.

There was a motion by Lisa R. Slagle, seconded by David O. Lantrip, to approve the attendance of Trustee David Riegor at the ValueEdge Advisors “2022 Public Funds Forum” on September 6- 8, 2022 in Laguna Beach, CA with airfare and three (3) nights of hotel accommodation, to be paid by Gilardi & Co LLC. The motion carried.

The Chair provided an update on the sale of memorial benches noting a total of fifteen (15) benches sold so far.

The Director of Technology and Building Services gave an update on the bid process of the roof replacement project. After some discussion, there was a motion by Stephen R. Whitehead, seconded by Lisa R. Slagle, to approve the recommended retention of engineering firm, Terracon, for the roof replacement project oversight and testing. The motion carried.

The General Counsel provided updates on the Fund’s lawsuits against the City of Houston and City officials related to Senate Bill 2190 in the 85th Texas legislature and on the declaratory judgment relating to informal marriage.

There being no further business, the meeting adjourned at 10:23 a.m. on a motion by David O. Lantrip, seconded by Gerard L. Daniels. The motion carried.

https://www.hfrrf.org/files/lists/7042/Minutes%20Board%20July%2019,%202022.pdf