[Items IV & V]
[00:03:00]
WHICH IS RATIFIED RESOLUTION NUMBER 2020 AND RETIREMENT INCENTIVE PLAN AND PUBLIC AGENCY RETIREMENT SERVICES AGREEMENT. HIS HOOVES, WAS THERE ANY
PUBLIC COMMENT RECEIVED IN REGARDS TO THIS ACTION ITEM? >> GOOD EVENING.
MEMBERS OF THE PUBLIC WERE ENCOURAGED TO SUBMIT COMMENTS YET HE, AT PUBLIC COMMENT AT NATOMAS .ORG AND THERE WERE NO COMMENTS RECEIVED FOR THIS AGENDA ITEM SHOULD
>> ALSO, WOULD THERE BE AN OPPORTUNITY IF SOMEBODY HAD LEFT A VOICEMAIL BUT WE WOULD
KNOW ABOUT THAT >> ME LIKE WE DID NOT RECEIVE ANY COMMUNICATIONS.
>> ALL RIGHT. NOW MOVING ON TO THE ACTION ITEM.
>> THE PRESENTATION WERE DISCUSSION >> THERE IS NO PRESENTATION,
JUST QUESTIONS AND TRUSTEES HAVE IT OTHERWISE ACTION. >> TRUSTEES, ANY QUESTIONS?
>> SEEING NO AND I LIVE APPROVAL >> GIVE IT ONE SECOND JUST FOR THE PURPOSE OF ASKING A QUESTION. ON THE RESOLUTION, I NOTICED THERE WAS A CHANGE FROM WHAT WAS ORIGINALLY POSTED TO THE MALL.
CAN YOU EXPLAIN WHY WE ADDED AN ADDITIONAL TIME? >> WHAT WE DID WAS WE ADDED IN WHETHER SOMEONE WOULD LIKE TO RETIRE AND JOIN THE OTHER EIGHT TO PRESENT WHICH WOULD INCREASE THE AMOUNT OF SAVINGS THE AGENCY WOULD GET FROM OFFERING THE PLAN.
WE FELT LIKE IT WAS A COST-BENEFIT TO ALLOW OTHER MEMBERS TO JOIN JUST TO
INCREASE THE AMOUNT OF THE SAVINGS. >> I APPRECIATE THE OTHERS WHO WERE ON THE COST KNOWING THIS IS AVAILABLE FOR THE NEXT COUPLE OF WEEKS TO INCREASE THE
[00:05:06]
SAVINGS. >> AND PRESIDENT KAPLAN, FOR THE RECORD, IF THE BOARD TAKES ACTION ON THIS RESOLUTION TONIGHT, IT ACCEPTS ALL OF THE RETIREMENT OR RESIGNATION
LETTERS ALREADY SUBMITTED. >> OKAY. PERFECT.
AND THAT WILL HELP US AS WE GO INTO BUDGET CUTS. HAVING A MOTION, DO I HAVE A SECOND? SECOND? I HAVE A SECOND.
ITEM. THAT WILL ADJOURN US FOR THE PU
* This transcript was compiled from uncorrected Closed Captioning.