City Council

6. ADOPTION OF A RESOLUTION AUTHORIZING THE CITY MANAGER TO EXECUTE\nAGREEMENTS TO TRANSFER ADMINISTRATION OF THE CITY’S PENSION SECTION 115\nTRUST TO SHUSTER ADVISORY GROUP, LLC, TRANSFER THE TRUST’S ASSETS TO\nCHARLES SCHWAB TRUST BANK, AND TO NAME ALTA TRUST COMPANY AS\nDIRECTED TRUSTEE ( FUNDING SOURCE: GENERAL FUND)\nRecommendation: Staff recommends the City Council adopt A RESOLUTION OF THE CITY\nCOUNCIL OF THE CITY OF CLAREMONT, CALIFORNIA, AUTHORIZING\nTHE CITY MANAGER TO EXECUTE AGREEMENTS TO TRANSFER\nADMINISTRATION OF THE CITY'S PENSION SECTION 115 TRUST TO\nSHUSTER ADVISORY GROUP, LLC, AND TO TRANSFER THE TRUST'S\nASSETS TO CHARLES SCHWAB TRUST BANK AND TO NAME ALTA\nTRUST COMPANY AS DIRECTED TRUSTEE.\nTrustAttachment(\ns): Resolution to Execute Agreements to Transfer City's Pension Section 115