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.