MOTION - APPROVING MINUTES DATED APRIL 25, 2024, AUGUST 5, 2024, JULY 31, 2025, DECEMBER 18, 2025 AND JANUARY 29, 2026 — 2024-0425 EBTF DRAFT — Employee Benefits Trust Fund (2026-04-23)

AI Summary

The Employment Benefit Trust Fund Board of Margate, Florida met on April 25, 2024, and took four unanimous actions: approved November 2, 2023 and January 25, 2024 meeting minutes; approved a $90,000 investment portfolio rebalancing recommended by Graystone Consulting, reallocating from common stocks and precious metals into fixed income and disbursement accounts after the fund gained 9% that quarter; approved two invoices totaling $1,377. 52 to legal and accounting firms; and approved retroactive benefits for retiree Charles Wohlitka dating back one year to March 1, 2023. The board denied benefit applications from former Fire Department employees Chris Martinetti and Andrew Armenis based on plan eligibility requirements, with the EBTF attorney tasked to draft detailed response letters...