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Trustees appoint authorized agents for Shorewood pension fund
Summary
The board approved Resolution 2025-1 appointing James Butcher and Kevin Frazier as authorized agents for the Shorewood Police Department Pension Fund, a governance step to allow designated signatories for fund matters.
At the July 24 meeting, the Shorewood Pension Fund trustees approved Resolution 2025-1 to designate authorized agents for the fund. The resolution names James Butcher and Detective Kevin Frazier as the authorized agents who may sign documents on behalf of the fund; the motion was made by Chris Drey and seconded by Paul Hertzman and approved by roll-call vote.
The designation is administrative and recorded in the minutes; the resolution gives the named trustees the authority to execute routine fund paperwork. The minutes do not record discussion about limits or delegation beyond naming the two individuals.
