LEGISLATIVE ACTION ITEM
SPONSOR: City Council President Andy Terhaar
SUBJECT:
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APPOINTMENT - GENERAL PENSION BOARD
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RECOMMENDATION:
recommendation
That City Council reappoint James M. Novota to the General Pension Board for a term of six (6) years, expiring June 30, 2025.
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HEARING REQUIRED: No Hearing Required
SUMMARY:
This board oversees administration of the General Pension Plan and investment of pension funds. It consists of six members, three are appointed by City Council and one shall be the current presiding Council President of the City, or his designee. The remaining two members are elected by the employees. Council appointees must be residents of Escambia County and freeholders (property owners) of the City.
The following is an incumbent that wishes to be considered for reappointment:
Nominee Nominated By
James M. Novota Incumbent
PRIOR ACTION:
City Council appoints members to this board on an annual basis.
FUNDING:
Budget: N/A
Actual: N/A
FINANCIAL IMPACT:
None.
STAFF CONTACT:
Ericka L. Burnett, City Clerk
ATTACHMENTS:
1) Member List
2) Application of Interest - James M. Novota
3) Ballot
PRESENTATION: No