2009-09-25 - Laserfiche WebLink

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To: Honorable Mayor Adams and Council From: Julie Feier, City Manager Date: September 25, 2009 Subject: Weekly Update Sgt. Michael As we are all acutely aware, it has almost been a year since the death of King. We will be erecting a flagpole and memorial plaque in honor of all public servants on City Hall grounds at the corner of Sgt. Mike King Drive and Delmar Blvd. There will be a 10:00 AM memorial ceremony at the flagpole on Saturday, October 31 to honor the four families, which have lost loved ones in the line of duty. The School District is also working on a memorial garden in honor of Sgt. King. In addition, this weekend, Kirkwood’s St. Michael’s Day Dash will honor our fallen officer, Sergeant Michael King and fallen Maplewood Firefighter, Ryan Hummert. Team UCPD-Walkers for 302 “” has been created for those wishing to participate or provide monetary support of Mike King and his family. Please select our team when you register! To register you may go to the website http://kirkwood5k.com or download the attached registration form.**If you experience problems with the website just hit “refresh” a couple of times and the contents should appear** The proceeds from the 5k walk/run will benefit BackStoppers. We hope to have a great show of support for Mike’s family (who will be walking that day). A memorial ceremony will start in the Station Plaza in Kirkwood on Saturday at 7:30 AM; the race will begin at 8:00 AM. At the last Council meeting, Council member Crow asked if the Pension Board had dividing employee pension funds between more than one investment investigated managing firm . Staff reported that the Board had this item on their next agenda. Since 1997, the pension trust funds of both the Non-Uniformed and the Police and Fire retirement plans have been invested with Fiduciary Asset Management (FAMCO), a subsidiary of Piper Jaffray Investment Management Inc. In 2007, the Board approved 12% of total assets to be invested in an international fund outside of FAMCO. The Board has established a split of 60% equities and 40% fixed income as a policy for FAMCO. The value of funds invested as of June 30, 2009 was the following. Non-Uniformed $12,613,755 Police & Fire $19,192,310 will honor more On October 18, the Greater St. Louis Area Fire Chiefs Association than 20 University City firefighters for their heroic efforts in three separate events.