CHARTER TOWNSHIP OF BLOOMFIELD
SYNOPSIS OF BOARD OF TRUSTEES PROCEEDINGS
All Meetings Held at Bloomfield Township Hall (Meetings Streamed Online and on Local Access T.V.)
February 5, 2026: Joint Study Session
PLEDGE OF ALLEGIANCE TO THE FLAG OF THE UNITED STATES
1. Attendance
All Board members were present. The Deputy Treasurer and Township financial advisors were also
present.
2. Appointment of Meeting Chair APPOINTED
Treasurer Michael Schostak chaired the meeting.
3. Public Comment
The following people communicated with the Board during the meeting:
• None
4. Approve Minutes of November 5, 2025 FSC Meeting APPROVED
5. Approve Minutes of November 5, 2025 REHBT Meeting APPROVED
6. Annual Portfolio Review DISCUSSED
The purpose of this joint investment study session is to allow the Board of Trustees to review, in its
fiduciary capacity, the Township’s funds and investments.
- Operating Reserves
The Township’s operating reserves as of December 31, 2025 were reviewed. Questions were
addressed relating to accounting, arbitrage, and how interest is tracked. - Pension Plan Trust
The financial investment performance ending December 31, 2025 for the pension plan trust
was reviewed. This trust is meant to meet obligations in the long term. - REHBT
The overall return of the Retired Employees’ Healthcare Benefits Trust (“REHBT”) portfolio and
its asset allocation was reviewed. - Participant Directed Investment Plans
An overview on the Township’s retirement plans, update on employee participation and
education along with 2025 asset performance and cost analysis was discussed. The assets
are spread across many different investment classes and are participant directed.
7. Annual Policy Review DISCUSSED
- General Investment Policy
The General Investment Policy was reviewed with no recommended changes. - Pension Plan Trust Investment Policy
Treasurer Schostak recommended trimming equities and real estate to add an allocation to
fixed income, so the portfolio can sustain the liquidity needed to meet monthly pension
obligations. - Retired Employees’ Healthcare Benefits Trust Investment Policy
Treasurer Schostak recommended reducing the target allocation to real estate and fixed
income to increase the allocation to alternatives which provide opportunities for more
aggressive growth. - Participant Directed Plans Investment Policy
The Participant Directed Plans Investment Policy was reviewed with no recommended
changes.
8. New Business DISCUSSED
- Pension / Healthcare Buyouts
Treasurer Michael Schostak negotiated language into collective bargaining agreements
allowing the Township to offer pension buyouts for retirees. - Liquidity Strategy
The joint committee discussed the need for greater liquidity in the pension trust to allow the
equities portfolio to make monthly payments for pension benefits. - Additional FSC Members
Treasurer Michael Schostak recommended adding two new resident members to the FSC.
9. Adjournment at 10:00 a.m. ADJOURNED
February 9, 2026: Regular Meeting
PLEDGE OF ALLEGIANCE TO THE FLAG OF THE UNITED STATES
1. Public Comment
The following people communicated with the Board during the meeting:
- Brett Northcutt, 310 Berkshire Rd.
- John Schafer, 300 N Berkshire Rd.
- Tim Mcgrane, 163 N Berkshire Rd.
- Michael Vanhoef, 330 N Berkshire Rd.
- Greg Yatooma, 127 S Berkshire Rd.
- Judy Windeler, 194 N Berkshire Rd.
- Ralph Windeler, 194 N Berkshire Rd.
- Stephon Bagne, Clark Hill Law Firm
2. Consider Consent Agenda
- Approve Board Minutes of January 26, 2026 (removed) MOVED TO ITEM 9
- Approve Payroll and Vouchers for February 9, 2026 (removed) MOVED TO ITEM 10
3. PUBLIC HEARING OF NECESSITY: Bloomfield Village Special Assessment District (“SAD”)
No. 430 (Green) – Presented by Jennifer Werthman, Deputy Assessor APPROVED
The hearing opened at 6:59 P.M.
The following people communicated with the Board during the meeting:
- Greg Dicenso, 2636 Covington Pl.
- Casey Christensen, 2517 Bradway Blvd.
- Sonja Lengnick, 2645 Covington Pl.
- Stephen Burke, 3340 Bradway Blvd.
- Patrick McCarthy, 2532 Covington Pl.
- Wendy Schwartz, 2580 Bradway Blvd.
- Anne Charters, 3485 Bradway Blvd.
- Brian Kott, 138 Hupp Cross Rd.
- Patrick Bielman, 2655 Amberly Rd.
- Cathy Weissenborn, 3595 Bradway Blvd.
- Clay Phillips, 247 N Williamsbury Rd.
- Brendan Robinson, 3335 Bradway Blvd.
- Elizabeth Janks, 2572 Covington Pl.
- Brandy Bayman, 2599 Bradway Blvd.
- Lisa Finateri, 1250 W Indian Mound Rd.
- Carolyn Andree, 3124 Bradway Blvd.
- Mark Schwartz, 2580 Bradway Blvd.
- Joy Dicenso, 2636 Covington Pl.
- Katie Gates, 2573 Covington Pl.
- Maria Helminger-Pratt, 2629 Amberly Rd.
The hearing closed at 7:51 P.M.
After the public hearing, the Board determined that the petitions and other supporting
materials met the requirements.
4. Consider Appointment of Alternative Member of the Zoning Board of Appeals Vacancy –
Presented by Supervisor Mike McCready
Bryant Patrick Osikowicz was appointed as Zoning Board of Appeals Alternate.
APPROVED
5. NEW ITEM: Consider Appointment of Alternative Member of the Board of Review Vacancy –
Presented by Clerk Martin Brook
Oscar Gardner Jr. was appointed as Board of Review Alternate.
APPROVED
6. Consider Temporary Relocation of Precinct 4 Polling Location from Bowers Farm to
Township Hall for the May 5, 2026, Avondale School District Special Election – Presented
by Clerk Martin Brook
Clerk Martin Brook proposed the relocation of the Precinct 4 voting location on basis of
established precedent, cost-effectiveness, increased turn-out rate, and improved Clerk’s
staff capacity.
APPROVED
7. Consider Amendment to Pension Policy Trust Investment Policy – Presented by Treasurer
Michael Schostak
Treasurer Michael Schostak requested revision of the target allocation by asset class portion
of the trust investment policy document.
APPROVED
8. Consider Amendment to Retired Employee’s Healthcare Benefits Trust Policy – Presented
by Treasurer Michael Schostak
Treasurer Michael Schostak requested to increase the alternative investments allocation
from 10% to 15%.
APPROVED
9. Approve Board Minutes of January 26, 2026 (Added from Consent Agenda) APPROVED
10. Approve Payroll and Vouchers for February 9, 2026 (Added from Consent Agenda) APPROVED
11. Adjourned at 8:31 P.M. ADJOURNED
February 23, 2026: Study Session Meeting
PLEDGE OF ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA
1. Public Comment
The following people addressed the Board.
• None
2. Presentation of the Proposed Budget, Fiscal Year Ending March 31, 2027
Finance Director Jason Theis presented the Fiscal Year 2026-2027 draft budget and
provided an overview of topics including, revenue, expenses and projected surpluses.
During the presentation, Theis discussed American Rescue Plan Act (“ARPA”) and the
Opioid settlement funds.
The Board expressed interest in adding funds to the budget to increase resources for Spring
pothole repair and to increase compensation for members of the Zoning Board of Appeals
and Planning Commission.
PRESENTED
3. Discussion of Municipal Accounting and Finance
Treasurer Michael Schostak provided an educational overview of various accounting and
finance terminology as it relates the funds and the Township budget.
DISCUSSED
4. Adjourned at 6:03 P.M. ADJOURNED
February 23, 2026: Regular Meeting
PLEDGE OF ALLEGIANCE TO THE FLAG OF THE UNITED STATES
1. Public Comment
The following people communicated with the Board during the meeting:
• None
2. Consider Consent Agenda
a. Approve Board of Trustees Study Session Minutes of February 5, 2026
b. Approve Board Minutes of February 9, 2026
APPROVED
APPROVED
c. Approve Payroll and Vouchers for February 23, 2026 MOVED TO ITEM 9
3. PUBLIC HEARING: Site Plan & Special Land Use Request for Ross Animal Hospital, 880 &
970 W. Long Lake Rd.
The public hearing opened and closed at 6:39 P.M.
The Board approved the request as presented with contingencies.
APPROVED
4. PUBLIC HEARING: Site Plan & Special Land Use Request for Tamar Mediterranean, 6608
Telegraph Rd.
The public hearing opened and closed at 6:45 P.M.
The Board approved the request with contingencies.
APPROVED
5. PUBLIC HEARING: Site Plan & Special Land Use Request for Western Market, 42931
Woodward Ave.
The public hearing opened and closed at 6:56 P.M.
The Board approved the request with contingencies.
APPROVED
6. Consider Revised Special Assessment District Policy
Treasurer Michael Schostak discussed revisions to the special assessments district policy.
The Board reached consensus to update the policy with modifications.
ADOPTED
7. Consider Approval of Payment Processing Contract with BS&A Software
Deputy Treasurer Mary Jevahirian requested the Board adopt the
BS&A payment platform with a planned implementation date of May 1, 2026.
The Board approved the new payment processing contract with BS&A Software as submitted.
APPROVED
8. Presentation of A Look-Back at Township History
Clerk Martin Brook presented on the history of Township Hall.
PRESENTED
9. (Added from Consent Agenda) Approve Payroll and Vouchers for February 23, 2026 APPROVED
10. Adjourned at 8:01 P.M. ADJOURNED