CITY OF SARASO NOTICE OF MEETING AND AGENDA Firefighters' Pension Board September 26, 2012 9:00 a.m. City Commission Chambers 1. Call the meeting to Order Chair Broom 2. Public Input Chair Broom 3. Approval of Minutes of August 22, 2012 Chair Broom 4, Retirement request of William Leighton Pension Administrator Clutter 5. Investment Review - ICC Capital Grant McMurry Management 6. Investment Review - Sawgrass Asset Marly LaPrade Management 7. Discussion Re: Assumed Rate of Investment Attorney Herrera Return 8. Discussion Re: Amending City ordinance to Attorney Herrera comply with State mandates pertaining to Sarasota County's ratification of a three-year Collective Bargaining Agreement with Local 2546, International Assoclation of Firefighters, AFL-CIO. 9. Approval of Engagement Letter of Bobbitt, Pension Administrator Clutter Pittenger & Company 10. Introduction Re: Attorney-Client session in Attorney Herrera accordance with Section 286.011(8), Florida Statutes (2012), to consider any action to be taken regarding the pending litigation referenced below and to discuss potential settlement of the action, Pursuant to a request by the Pension Fund's Class Action counsel, Robbins Geller Rudman and Dowd, LLP ("RGRD"), the Board of Trustees will meet in the Attorney-Client session to discuss settlement negotiations and strategy in the matter of Alaska Electrical Pension, et al., On Behalf of Themselves and All Others Similarly Situated V. Pharmacia Corp., et al., Case No. 03-1519 (AET) (Consolidated), U.S.D.C., District of New Jersey. Firefighters' Pension Board of Trustees to recess and convene into a closed Attorney-Client session. Attorney-Client Session Discussion Re: Settlement negotiations and strategy in the matter of Alaska Electrical Pension, et al., On Behalf of Themselves and All Others Similarly Situated V. Pharmacia Corp., et al., Case No. 03-1519 (AET) (Consolidated), U.S.D.C., District of New Jersey. Attorney-Client session to adjourn and reconvene into the Firefighters' Penslon Board of Trustees meeting. 11. Other Matters Chair Broom 12. Adjourn Chair Broom 13. Other Information: Next Regular Meeting is on October 24, 2012, at 9:00 a.m. in the City Commission Chambers Special notes: Proceedings will be electronically recorded. Should an individual require verbatim transcription of the proceedings, he shall bear the burden and expense of arranging for same. Copies of the recordings may be purchased from the Office of the City Auditor & Clerk. The Firefighters' Pension Board is committed to providing qualified disabled individuals an opportunily to participate in meetings of the Pension Board. If you are a qualified individual with a disability who requires reasonable auxiliary aids and services in order to participate in these meetings, please advise the office of the City Auditor & Clerk in advance as to the nature of the auxillary aids and/or service necessary. Page 2