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MEETING OPEN TO THE PUBLIC <br /> 11. Presentation of a proclamation recognizing March 2026 as American Red Cross <br /> month <br /> Councilmember Eicher presented the proclamation. <br /> 12. Presentation of a proclamation recognizing March 2026 as March for Meals month <br /> Councilmember Eicher presented the proclamation to recipient Cary Oldes. <br /> 13. Public Comment regarding items not listed on the agenda — Speakers are limited to <br /> 3 minutes. <br /> Mayor Balch opened public comment. The following individuals provided comment: <br /> Patti Joki. <br /> Mayor Balch closed the public comment. <br /> PUBLIC HEARINGS AND OTHER MATTERS <br /> 14. Receive a report and presentation on the City's pension obligation management <br /> strategy and adopt the pension funding policy <br /> Recommendation: <br /> 1. Receive a report and presentation on the City's pension obligation management <br /> strategy. <br /> 2. Adopt the pension funding policy effective March 17, 2026. <br /> Presentation by Michael Meyer (NHA Advisors). <br /> Mayor Balch opened public comment. The following individuals provided comment: <br /> John Bauer. <br /> Mayor Balch closed the public comment. <br /> MOTION: It was moved by Councilmember Eicher to approve the item as <br /> recommended. The motion failed for lack of a second. <br /> MOTION: It was m/s by Councilmembers Nibert/Testa to approve the item with an <br /> amendment to remove section 7, "Pension Obligation Bonds." <br /> City Council Minutes Page 4 of 5 March 17, 2026 <br />