San Fernando

City Council

October 16, 2023 Item #12

Agenda Item 12

12) CONSIDERATION TO ESTABLISH A PENSION OBLIGATION BOND AD HOC COMMITTEE TO\nREVIEW ADDITIONAL INVESTMENT OPPORTUNITIES TO DECREASE THE CITY’S PENSION\nLIABILITY\nRecommend that the City Council appoint two Councilmembers to serve on a Pension\nObligation Bond Ad Hoc Committee to review investment opportunities to decrease the City’s\nlong-term pension liability.