Vero Beach public meetings in 2021
6 substantive meetings from 2021, with official agendas or minutes and plain-English summaries.
Airport Commission
The Airport Commission is meeting to swear in new members and elect a Chairman and Vice Chairman. The City Attorney will also provide a presentation on Sunshine Law.
- Swearing in of new members
- Election of Chairman and Vice Chairman
- Sunshine Law presentation by City Attorney
Fire Pension Board
The Fire Pension Board will meet to elect a Chairman and Secretary/Treasurer and approve the 2022 meeting dates. The board will also receive quarterly reports from Highland Capital Management, Salem Trust, and AndCo Consulting.
- Election of Chairman and Secretary/Treasurer
- Quarterly reports from Highland Capital Management, Salem Trust, and AndCo Consulting
- Approval of 2022 meeting dates
- Update on E-Verify from Finance Director Cindy Lawson
Airport Commission
The Airport Commission will meet to review the status of current capital projects and items pending before the City Council. The body will also discuss FAA concerns regarding a trailer park and the installation of a natural gas line.
- FAA concern about Trailer Park
- Current Capital Project Status
- Natural Gas Line
- Elite Airline Operation
- Upcoming Airport events: Car Show and 5k Run
Fire Pension Board
The Fire Pension Board will review quarterly investment reports and discuss the 2021-2022 annual budget. The board will also consider a statement of policy regarding contractual provisions for investment managers.
- 2021-2022 Annual Budget
- Quarterly reports from Salem Trust, Highland Capital Management, and AndCo Consulting
- Statement of Policy Regarding Contractual Provisions for Investment Managers
Fire Pension Board
The Fire Pension Board reviewed quarterly investment reports and approved the Actuarial Valuation Report as of October 1, 2020. The board also set the expected annual rate of return at 6% and discussed the plan's 98.4% funded ratio.
- Approved moving 7% of total asset value ($530,000) from International Value to Fixed Income
- Approved the Actuarial Valuation Report showing a 98.4% funded ratio
- Approved the 6% expected annual investment rate of return
- Approved the State Annual Report
- Discussed the requirement for the Board to maintain its own E-Verify account per Florida law
Airport Commission
The Airport Commission is discussing the "Focus Forward" vision for the airport, including potential airline service expansion and property development. The body is also reviewing the status of several airfield capital improvement projects and leasing activities.
- Discussion of airline service expansion with an estimated building cost exceeding $15M
- Update on Runway 12R-30L Rehabilitation design (65% complete)
- Status of Construct Hangar Apron (Taxiway E) Phase 1 construction
- Review of Airport Security Improvements Phase 2 (approximately 95% complete)
- Update on FS332 funding regulations and FDOT relief