David Zannelli

The meeting included an investment report presentation by Raymond James and administrative matters involving a review of the securities litigation summary report and a presentation by Scott & Scott. The board acknowledged information regarding deaths after retirement for several individuals. Additionally, the payment of legal and investment expenses was authorized.

The board meeting agenda included a review of financial reports, specifically bank statements, reconciliations, balance sheets, and profit and loss statements, as well as the consideration of expenditures. Updates were provided on the Connecticut Port Authority, the Channel Deepening Project, the New Haven Marine Group, and the New Haven Harbor Co-Op. Old business covered the EPA Clean Ports Zero Emissions Grant, the PIDP Rail Grant, 2026 public engagement strategies, the PIDP Grant application memorandum of understanding with Kolmar-Americas, and the draft budget for the upcoming fiscal year. New business items included the election of a new Vice Chair. Additionally, the board entered into an executive session to discuss property acquisitions, contract awards related to the Port Infrastructure Development Project, a legal opinion regarding a discovery during due diligence, and responses to requests for proposals for marketing and outreach services.

The meeting addressed administrative and financial matters, including a securities litigation report, pension offset updates, and an annual review of investment policy and bylaws. The trustees acknowledged information regarding retirement annuity applications, contribution withdrawals, and reports on deaths occurring after retirement. Additionally, the committee approved the payment of legal, investment, and administrative expenses, and discussed correspondence regarding a member inquiry.

The board will address several administrative items, including the removal of candidates from eligibility lists, corrections and extensions to existing eligibility lists, and the establishment of new eligibility lists for various city positions. Additionally, the meeting will cover requests for continuous recruitment designations for multiple roles, a temporary testing update, and an update from the Corporation Counsel.

The board discussed and took action on several investment and administrative matters, including infrastructure presentations and the selection of Brookfield. Key agenda items involved the election of the Chairperson and Vice Chairperson, a review of pension offset legislation, and policy updates. The board also addressed requests regarding public comment, reviewed retirement and withdrawal applications for various city employees, and observed a moment of silence for deceased retirees. Additionally, the board approved disability retirement applications, authorized re-examinations for disability retirees, and approved the payment of legal, administrative, and medical consultant expenses.