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May 22 2019 Board Work Session Minutes290 MINUTES FREDERICK COUNTY BOARD OF SUPERVISORS WORK SESSION WEDNESDAY, MAY 22, 2019 5:30 P.M. BOARD ROOM, COUNTY ADMINISTRATION BUILDING 107 NORTH KENT STREET, WINCHESTER, VIRGINIA ATTENDEES Board of Supervisors: Charles S. DeHaven, Jr., Chairman; Blaine P. Dunn; J. Douglas McCarthy; Judy McCann -Slaughter and Robert W. Wells were present. Gary A. Lofton, Vice Chairman; and Shannon G. Trout were absent. Staff Present: Kris C. Tierney, County Administrator; Jay E. Tibbs, Deputy County Administrator; Roderick B. Williams, County Attorney; Cheryl Shiffler, Director of Finance; Sharon Kibler, Assistant Director of Finance; Bill Orndoff, Treasurer; Scott Varner, Director of Information Technology; Mike Ruddy, Director of Planning & Development; and Ann W. Phillips, Deputy Clerk to the Board of Supervisors. CALL TO ORDER Chairman DeHaven called the meeting to order at 5:30 p.m. ADOPTION OF AGENDA On motion of Supervisor Dunn, seconded by Supervisor McCarthy, the agenda was adopted as presented. PRESENTATION BY PFM ASSET MANAGEMENT LLC Kathleen L. Bowe, Senior Managing Consultant at PFM Asset Management LLC, gave a PowerPoint presentation on funding options for Other Post -Employment Benefits (OPEB) and highlighted the advantages of the Irrevocable Trust option. By consensus, the Board agreed to have the Finance Committee continue researching the matter and make a recommendation to the Board. ADJOURN The meeting was adjourned at 6:29 p.m. (I IJ�6:7�k_ Charles S. DeHaven, Jr. Chairman, Board of Supervi Kris C. Tt ey Clerk, Board o pervisors Minutes Prepared By: Ann W. Phillips Deputy Clerk, Board of Supervisors Minute Book 44 Board of Supervisors Work Session of 5122/19 County of Frederick, Virginia