The meeting included discussions on fiduciary liability insurance renewals for pension plans, and updates regarding administrative billing adjustments and minimum fee increases for custodian services provided by US Bank. The Board also reviewed actuarial reports for the police and non-uniform pension plans, noting progress in funding percentages despite some volatile investment returns. Additionally, a retirement application was approved, and a legal update was provided regarding new IRS procedures for correcting plan administration errors.
May 11, 2026
Enterprise
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City Council of the City of Overland Meeting Minutes
The council reviewed and acted upon several resolutions and ordinances, including budget amendments for various city funds for fiscal years 2025/2026 and 2026/2027, the adoption of records destruction schedules, and contracts for beautification and vehicle purchases. Numerous conditional use permits and site development plans were considered for commercial properties, including a fast-food restaurant, auto repair facility, and warehousing services. Additionally, the council approved ordinances related to land disturbance regulations, an assignment agreement for a redevelopment project at the Overland Plaza Shopping Center, and temporary liquor license exemptions for the 2026 FIFA World Cup.
May 7, 2026·Board meeting
Board Of Trustees Quarterly Joint Meeting
The meeting included the approval of bills for non-uniform and police departments. Staff reports provided information on the cost of living adjustment for the non-uniform pension plan and the status of the actuarial valuation. The legal counsel discussed various legislative bills currently under consideration related to tax reform and their potential impact on pension funding. The financial advisor reviewed quarterly reports, discussed market uncertainty and volatility, and confirmed that current investment manager lineups remain appropriate.
