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File #: 20-062   
Type: Consent Calendar Status: Agenda Ready
In control: City Council - Successor Agency - Housing Authority
On agenda: 2/4/2020 Final action:
Title: INVESTMENT ADVISORY COMMITTEE OVERSIGHT AND 115 TRUST PLAN INVESTMENT OBJECTIVE CHANGES AND TREASURER'S REPORT FOR QUARTER ENDED DECEMBER 31, 2019
Attachments: 1. 020420 AS IAC Oversight and Treasurer's Report Agenda Report, 2. 020420 AS IAC Oversight and Treasurer's Report Resolution, 3. 020420 AS IAC Oversight and Treasurer's Report Client Review, 4. 020420 AS IAC Oversight and Treasurer's Report Quarterly Investment Report

Title

INVESTMENT ADVISORY COMMITTEE OVERSIGHT AND 115 TRUST PLAN INVESTMENT OBJECTIVE CHANGES AND TREASURER’S REPORT FOR QUARTER ENDED DECEMBER 31, 2019

Recommendation

Recommendation by the Administrative Services Department:

 

1.                     Adopt Resolution No. 2020-XX.

 

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF FULLERTON, CALIFORNIA, APPROVING EXPANSION OF THE INVESTMENT ADVISORY COMMITTEE’S DUTIES TO INCLUDE OVERSIGHT OF PENSION AND OTHER POST-EMPLOYMENT BENEFITS 115 TRUST PLAN INVESTMENTS

 

2.                     Authorize change to Pension and Other Post-Employment Benefits 115 Trust Plan investment objectives from Passive Capital Appreciation to Active Capital Appreciation.

 

3.                     Receive and file Quarterly Investment Report.