ACT 44 Disclosure Form for Entities
Providing Professional Services to
the BOROUGH OF RIVERSIDE’s Pension SysteM
Chapter 7-A of Act 44 of 2009 mandates the
annual disclosure of certain information by every entity (hereinafter “Contractor”) which is a party to a professional services contract with one of the pension funds of BOROUGH OF RIVERSIDE (hereinafter the “RequestingMunicipality”).
Act 44 disclosure requirements apply to Contractorswho provide professional
pension services and receive payment of any kind from the RequestingMunicipality’s pension fund. The Requesting Municipality has determined that your company falls under the requirements of Act 44 and must complete this disclosure form.
You are expected to submit this completed form, to the Requesting Municipalitybelow,
by October 25th, 2010. If, for any reason you believe that Act 44 does not require you to
complete this disclosure form, please provide a written explanation of your reason(s) by October 1st, 2010.
RETURN COMPLETED DISCLOSURE
TO: Borough of Riverside
Attn: Deborah K. Bausch Chief Administrative Officer (CAO
P O Box 307, 301 Dewart Street, Riverside, PA 17868-0307
(570) 275-1751
Dbausch@RiversideBorough.org
Required Updates:
Where noted, information in this form must be updated in writing as changes occur
Definitions for Disclosure
Term
Definition
Contractor
Any person, company, or other entity that receives payments, fees, or any other form of compensation from a municipal pension fund in exchange for rendering professional services for the benefit of the municipal pension fund.
Subcontractor or Advisor
Anyone who is paid a fee or receives compensation from a municipal pension system – directly or indirectly from or through a contractor.
Affiliated Entity
Any of the following:
1. A subsidiary or holding company of a lobbying firm or other business entity owned
in whole or in part by a lobbying firm.
2. An organization recognized by the Internal Revenue Service as a tax-exempt organization under section 501(c) of the Internal Revenue Code of 1986 (Public Law 99-514, 26 U.S.C. § 501 (c) ) established by a lobbyist or lobbying firm or an affiliated entity.
Contributions
As defined in section 1621 of the
act of June 3rd, 1937 (P.L. 1333, No. 320), known as the Pennsylvania Election Code
Political Committee
As defined in section 1621of the
act of June 3rd, 1937 (P.L. 1333, No. 320), known as the Pennsylvania Election Code
Executive Level Employee
Any employee or person or the person’s affiliated entity who:
1. Can affect or influence the outcome of the person’s or affiliated entity’s actions, policies, or decisions relating to pensions and the conduct of business with a municipality or a municipal pension system; or
2. Is directly involved in the implementation or development policies relating to pensions, investments, contracts or procurement or the conduct of business with a municipality or municipal pension system.
Municipal Pension system
Any qualifying pension plan, under Pennsylvania state law, for any municipality within the Commonwealth of Pennsylvania; includes the Pennsylvania Municipal Retirement System.
Example:
the Police Pension Plan for the Borough of
Winchesterville
Municipal Pension System Officials and Employees; Municipal Officials and employees
Specifically, those listed in Table 2 titled:
“List of Pension System and
Municipal Officials and Employees” on the next page. Where applicable, includes any employee of the Requesting Municipality.
Professional Services Contract
A contract to which the municipal pension system is a party that is: (1) for the purchase of professional services including investment services, legal services, real estate services, and other consulting
services; and, (2) not subject to a requirement that the lowest bid be accepted
List of Municipal Officials for the Requesting Municipality
Certain requests for information in this form
will refer to a “List of Municipal
Officials.” To assist you in preparing your answers, you should consider the following names to be a complete list of pension system and municipal officials and employees. Throughout this Disclosure Form, the below names will be referred to as the “List of Municipal Officials.”
1. Peter T. Fleming, President
2. John J. Novak, Vice President
3. Robert Betts, Council Member
4. Barb Kriner, Council Member
5. John LaMotte, Council Member
6. Michael A. Maize, Council Member
7. Lori Vastine-Steele, Council Member
8. Dale E. Erb, Mayor
9. Joseph Michelle, Esquire, Solicitor
10. Deborah K. Bausch, Borough Secretary
Identification of Contractors & Related Personnel
Contractors:
(See“Definitions” – page 2) Any entity who currently provides service(s) by means of a
Professional Services Contract to the Municipal Pension System of the Requesting Municipality, please complete all of the following:
Identify the Municipal Pension System(s) for which you are providing information:
X - Non Uniform Plan
X - Police Plan
**NOTE: For
all that follow, you may answer the questions / items on a separate sheet of paper and attach it to this Disclosure if the space provided is not
sufficient. Please reference each question / item you are responding to by the appropriate number. (example: REF – Item #1.)
1.
Please provide the names and titles of all individuals providing professional services to the Requesting Municipality’s pension plan(s) identified above. Also include the names and titles of any advisors and subcontractors of the Contractor, identifying them as such. After each name provide a description of the responsibilities of that person with
regard to the professional services being provided to each designated pension plan
Available in the Borough Office
2.
Please list the name and title of any Affiliated
Entity and their Executive-level Employee(s) that require disclosure; after each name, include a brief description of their duties. (See: Definitions)
NO
3.
Are any of the individuals named in Item 1 or Item
2 above, a current or former official or employee of the Requesting Municipality?
NO
IF“YES”, provide the name
and of the person employed, their position with the municipality, and dates of employment.
4.
Are any of the individuals named in Item 1 or Item
2 above a current or former registered Federal or State lobbyist?
IF “YES”,
provide the name of the individual, specify whether they are a state or federal lobbyist, and the date of their most recent registration /renewal.
Available in the Borough Office
NOTICE: All information provided for items 1- 4
above must be updated as changes occur.
5.
Since December 17th,2009, has the Contractor or an Affiliated Entity paid compensation to or employed any third party intermediary, agent, or lobbyist that is to directly or indirectly communicate with an official or employee of the Municipal Pension Systemof the Requesting Municipality (OR), any municipal official or employee of the Requesting Municipality in connection with any transaction or investment involving the Contractor and the Municipal Pension System of the Requesting Municipality?
This question does not applyto an officer or employee of the Contractor who is acting within the
scope of the firm’s standard professional duties on behalf of the firm, including the actual provision of legal, accounting, engineering, real estate,or other professional advice, services, or assistance pursuant to the professional services contact with municipality’s pension system.
IF “YES”, identify: (1) whom (the third party intermediary, agent, or lobbyist) was paid the
compensation or employed by the Contractor or Affiliated Entity, (2) their specific duties to directly or indirectly communicate with an official or employee of the Municipal Pension System of the Requesting Municipality (OR), any municipal official or employee of the Requesting Municipality, (3) the official they communicated with, and (4) the dates of this service.
NO
6.
Since December 17th 2009, has the Contractor,or any agent, officer, director or employee of the Contractor solicited a contribution to any municipal officer or candidate for municipal office in the Requesting Municipality, or to the political party or
political action committee of that official or candidate?
IF “YES”, identify the agent, officer, director or employee who made the solicitation and the municipal officials, candidates, political party or political committee who were solicited (to whom
the solicitation was made).
NO
7.
Since December 17th, 2009: Has the Contractor
or an Affiliated Entity made any contributions to a municipal official or any candidate for municipal office in the RequestingMunicipality?
IF “YES”, provide the name and address of the person(s) making the contribution, the contributor’s relationship to the Contractor, The name and office or position of the person receiving the contribution , the date of the contribution, and the amount of the
contribution.
NO
8.
Does the Contractor or anAffiliated Entity have any direct financial, commercial or business relationship with any official identified on
the List of Municipal Officials, of the RequestingMunicipality?
IF “YES”,identify the individual with whom the relationship exists and give a detailed description of that relationship.
NO
**Note: A written letter is required from the
Requesting Municipality acknowledging the relationship and consenting to its existence. The letter must be attached to this disclosure. Contact the Requesting Municipality to obtain this letter and attach it to this disclosure before submission.
9.
Has the Contractor or anAffiliated Entity given any gifts having more than a nominal value to any official, employee or fiduciary – specifically, those on the List of Municipal Officials of the Requesting Municipality?
NO
IF “YES”, Provide the name of the person conferring the gift, the person receiving the gift, the office or position of the person receiving the gift, specify what the gift was, and the date conferred
10.
Disclosure of contributions to any political entity in the Commonwealth of Pennsylvania
Applicability: A
“yes” response is requiredand full disclosure is required ONLy WHEN ALL of the following applies:
a) The contribution was made within the last 5 years (specifically since: December 18th 2004)
b) The contribution was made by an officer, director, executive-level employee or owner of at least 5% of the Contractor or Affiliated Entity.
c) The amount of the contribution was at least $500 and in the form of:
1. A single contribution by a person in (b.) above,
OR
2. The aggregate of all contributions all persons in (b.) above;
d) The contribution was for
1. Any candidate for any public office or any person who holds an office in the Commonwealth of
Pennsylvania;
2. The political committee of a candidate for public office or any person that holds an office in the Commonwealth of Pennsylvania.
IF “YES”, provide the name and address of the person(s) making the contribution, the contributor’s relationship to the Contractor, The name and office or position of the person receiving the contribution (or the political entity / party receiving thecontribution), the date of the contribution, and the amount of the contribution.
Available in the Borough Office
11. With respect to your provision of professional services to the Municipal Pension System of
the Requesting Municipality:
Are you aware of any apparent, potential or actual conflicts of interest with respect to any officer, director or employee of the Contractor and officials or employees of the Requesting Municipality?
NOTE: If, in the future, you become aware of any
apparent, potential, or actual conflict of interest, you are expected to update this Disclosure Form immediately in writing by:
Providing a brief synopsis of the conflict of interest
(and); An explanation of the steps taken to address this apparent, potential, or actual conflict of interest.
IF “YES”, Provide a detailed explanation of the circumstances which provide you with a basis to conclude that an apparent, potential, or actual conflict of interest may exist.
NO
12. To the extent that you believe that Chapter 7-A of Act 44 of 2009 requires you to disclose any additional information beyond what has been requested above, please provide that information below or on a separate piece of paper.
None Noted
Please provide the name(s) and position(s) of the person(s) participating in the completion of this Disclosure. One of the individuals identified by the Contractor in Item #1 above must
participate in completing this Disclosure and must sign the below
verification attesting to the participation of those individuals named
below.
Name: Linda Costa
Position: MRT-COO
Name: Chris Cap
Position: MRT-Treasurer
/s/ Linda Costa
signature
___MRT-COO______
title
___10/31/13_______
date
Verification
I, Linda Costa, hereby state that I am MRT-COO for
PSAB-MRT and I am authorized to make this verification.
I hereby verify that the facts set forth in the foregoing Act 44 Disclosure Form for Entities Providing Professional Services to BOROUGH OF RIVERSIDE Pension System are true and correct to the best of my knowledge, information and belief. I also understand that knowingly making material misstatements or omissions in this form could subject the responding Contractor to the penalties in Section 705-A(e) of Act 44.
I understand that false statements herein are made subject to the penalties of 18 P.A.C.S. § 4904
relating to unsworn falsification to authorities.
/s/ Linda Costa
10/31/13
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