SIGNAL HILL OILER
Signal Hill amends water agreement with the Metropolitan Water District of Southern California5/25/2022 Jason R. Aula (Photo credit: Long Beach Business Journal) LOS ANGELES, California — On Tuesday, May 24th, 2022, pursuant to AB 361, the Signal Hill City Council continued to hold virtual meetings.
Mayor Keir Jones made a proclamation in recognition of Andrew Chang, a Signal Hill Community Foundation Board Member in honor of Asian American and Pacific Islander Heritage month. The City Council unanimously and with no opposition or comment from the public approved a water interconnection agreement amendment. The amendment permits the City of Lakewood to provide treated potable water at a 15% discounted rate instead of the regular rate with the Metropolitan Water District of Southern California as to the City of Signal Hill. The City Council will consider an ordinance at a June 28th, 2022, hearing, which mandates a Military Equipment Use Policy in regard to equipment considered military grade used by members of the Signal Hill Police Department. The next regularly scheduled Signal Hill City Council meeting will be held Tuesday, June 14, 2022, at 7:00 p.m. City Council Members are compensated at a rate of $694.14 per month.
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City Council authorizes transfer of post-employment benefits to Shuster Advisory Group, LLC5/12/2022 Jason R. Aula Signal Hill City Manager Charlie Honeycutt (Photograph credit: Brandon Richardson, Long Beach Business Journal) LOS ANGELES, California — On Tuesday, May 10th pursuant to AB 361, the Signal Hill City Council continued to hold virtual meetings.
Mayor Keir Jones presented a proclamation to the Signal Hill Police Department, in honor of National Police Week, May 11- May 17, 2022. The City Council unanimously authorized transfer of post-employment benefits trust administration to Shuster Advisory Group, LLC. The transfer will trigger a 52% reduction of provider fees saving the trust $176,000 over 10 years and $1.6 million over 30 years. Shuster has never terminated a client or had any legal issues over 30 years and provides services to 70 city agencies in California. In addition, Charles Schaub Trust Bank & Trust Co. will replace US Bank as the trust custodian. Under the direction of the Government Finance Officers Association (GFOA) in 2009, the city decided to prefund future post-employment liabilities with US Bank the present custodian of trust assets under contract with CalPERS. In addition, the City provides $885 per month for premiums of retiree contributions, which are funded annually by current municipal payroll contributions. City Clerk Carmen Brooks gave a presentation in regard to the upcoming June 7, 2022, statewide direct primary election. The next regularly scheduled Signal Hill City Council meeting will be held Tuesday, May 24, 2022, at 7:00 p.m. City Council Members are compensated at a rate of $694.14 per month. |
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