Covina

City Council

May 16, 2023 Consent Calendar #d

Agenda Item d

10.d. Transfer Administration of the City’s OPEB 115 Trust and Funds’ Assets 35\nStaff Recommendation:\nApprove the adoption of Resolution CC 2023-38 authorizing the\nAdministrative Services Director, as Plan Administrator, and City Manager to\nexecute agreements to transfer administration of the City’s OPEB 115 Trust to\nShuster Advisory Group, LLC, and Funds’ assets to Schwab, and Alta as the\nDirected Trustee.