PLEASE NOTE NEW LOCATION!
1. CALL TO ORDER
2. ROLL CALL
3. CONSENT CALENDAR
(Consent Calendar items are considered to be routine by the Commission/Committee/Board and will be enacted by one motion. By approval of the Consent Calendar, the staff recommendations will be adopted unless otherwise modified by the Commission/Committee. There will be no separate discussion on these items unless a Commission/Committee/Board Member or a member of the audience requests removal of the items from the Consent Calendar.)
3-1 Approval of pension payments for the month of May 2015 in the amount of $118,891.23
Staff recommendation: Approve
3-2 Approval of invoice from Buck Consultants in the amount of $5,000 for preparation of 6/30/14 GASB No. 67 information.
Staff recommendation: Approve
3-3 RESOLUTION 15-01 (Pension Board) A RESOLUTION OF THE PENSION BOARD OF THE CITY OF ALBANY ENDORSING AND ADOPTING ITS INVESTMENT POLICY STATEMENT.
(See also packet of documents from Chairperson Denton related to hiring of Atlantic Trust and adoption of previous Investment Policies, under Communications.)
Staff recommendation: Approve
4. APPROVAL OF MINUTES
4-1 Minutes of the regular meeting of May 26, 2015.
Staff recommendation: Approve
5. PUBLIC COMMENT
For persons desiring to address the Commission/Committee/Board on an item that is not on the agenda please note that each speaker is limited to three (3) minutes. The Brown Act limits the Committee’s ability to take and/or discuss items that are not on the agenda; therefore, such items are normally referred to staff for comment or to a future agenda.
6. DISCUSSIONS AND POSSIBLE ACTION ON MATTERS RELATED TO THE FOLLOWING ITEMS:
6-1 RESOLUTION 15-01 (Pension Board) A RESOLUTION OF THE PENSION BOARD OF THE CITY OF ALBANY ENDORSING AND ADOPTING ITS INVESTMENT POLICY STATEMENT.
Staff recommendation: Approve
7. ANNOUNCEMENTS/COMMUNICATIONS
Memo dated June 25, 2015 and packet of documents from Chairperson Denton relating to hiring of Atlantic Trust and previous Investment Policies.
a) Resolution 04-1 (Investment Policy); Resolution 07-01 (Investment Policy); Non-Discretionary Investment Management Agreement between Board and Atlantic Trust, signed September 3 and September 8, 2009; Minutes of November 24, 2009 Board Meeting; Minutes of July 27, 2010 Board Meeting; Minutes of August 31, 2010 Board Meeting; Minutes of September 29, 2010 Board Meeting; Minutes of November 27, 2012 Board Meeting
8. FUTURE AGENDA ITEMS
(Commission/Committee/Board Member announcement of requests for future agenda items. No public comment will be taken on announcement of future agenda items).
7-1. The next regularly scheduled Pension Board meeting will be held on Tuesday July 28, 2015
8. ADJOURNMENT
The Commission/Committee/Board packet is available for public inspection at City Hall. The agenda is available for public inspection at the Albany Library and Senior Center. The agenda and supporting staff reports, if available, can also be found on our web page at www.albanyca.org.
Please note that if you provide your name and address when speaking before the Commission/Committee/Board it will become part of the official public record, which will be posted on the Internet.
Date posted: Thursday, June 25, 2015
