Debra Velez

The meeting included a CEO update on fall detection technologies and appropriation funding for the merger of sexual assault and domestic violence services. Approvals were granted for a professional services agreement with Partin Architecture for a multi-purpose interior buildout, an audit for AdventHealth, and various investments and financial reports. The board also reviewed updates on strategic initiatives, including the Beacon Point parking lot and space requests, and discussed the 2024 AdventHealth annual report concerning capital spending, physician recruitment, and service compliance.

The board received updates from the CEO, conducted a semi-annual investment review involving multiple financial firms, and discussed the Alternative Investment Management RFP, ultimately authorizing negotiations with the sole qualified firm. The board approved the implementation of a 457(b) retirement savings plan for hospital district staff. Additionally, members were invited to the upcoming FANS End-of-Year Banquet, ratified an expenditure for fire line relocation at the Beacon Point parking lot project, and reviewed quarterly updates for AMP, FANS, and CHP, as well as the monthly financial statements.

The board meeting agenda includes updates from the CEO, semi-annual investment reports from Cresset and Graystone, and a Wilshire overview. The board is scheduled to review and approve an alternative RFP, a 457B plan, the Beacon Point parking lot addition, and the financials for March 2026. Additionally, the agenda covers strategic initiatives including the FANS event and quarterly updates for AMP, FANS, and CHP.

The Board of Trustees reviewed investment reports, discussed the withdrawal of a prior RFP for alternative investment management services, and initiated a new RFP process for similar services. Operational items included the approval of a 457(b) plan for staff, the ratification of fire line relocation expenditures for the Beacon Point project, and various strategic updates related to health projects and community initiatives.

The board received a CEO update and reviewed the fiscal year financial statements and auditor's report from Purvis Gray, which confirmed compliance with external reporting requirements. The meeting included an investment overview from Wilshire and an update on the ongoing RFP process for alternative services. Operational discussions focused on the transition from Truist to Ramp credit cards for accounts payable, which was approved. Additionally, the board discussed the Active Marion Project's Elected Officials Step Challenge, received a progress update on the Beacon Point parking lot, and reviewed the February financial statements. The board also addressed a potential equipment purchase request for Heart of Florida.