City Council

13.A. RESOLUTION NO. 6717, Establishing the Multiple Employer Other Post-Employment Benefits (OPEB) 115/Pension Trust Administered by Shuster Advisory Group, LLC; Authorize the City Manager to Execute all Required Agreements and Documents; Approve the Transfer of the Current Balance in the City's California Employers' Retiree Benefit Trust (CERBT); and Authorize the Transfer of $550,000 in Contributions Included in the Adopted Budget for Fiscal Year 2025-2026 to the Trust Staff Recommendation: - Adopt Resolution No. 6717; - Authorize the City Manager to execute all required agreements and documents; - Approve the transfer of the current balance in the City's CERBT account; and - Authorize the Transfer of $550,000 in Contributions included in the Adopted Budget for Fiscal Year 2025-2026