Our Community Redevelopment Agency. It's time to call to order the August 3, 2026 meeting of the City of Clearwater Pension Trustees. We move to item 2.1 of the agenda. Approve the minutes of the June 15, 2026 Pension Trustees meeting. Is there a motion to approve the minutes? So moved. Second. All those in favor? Aye. Opposed? Unanimous. Item 3, citizens be heard regarding items not on today's Pension Trustees agenda. Hearing none, we'll move to item 4.1. Approve the new hires for acceptance into the pension plan as listed. Good afternoon. Tiffany Mackers, Human Resources Director, available for any questions on this item. Is anyone here from the public desire to speak to this agenda? Hearing seeing none, is there any council discussion, if not, a trustee's discussion? If not, is there a motion? Move to approve agenda item 4.1. Second. All those in favor? Aye. Opposed? Unanimous. Agenda item 4.2. I approve the following requests of employees, Scott Adam, Gas Department, and Leah Murray, Human Resources Department, Investor Pension as provided. Tiffany Mackers, Human Resources Director, available for any questions. Okay. Anyone here from the public desire to speak to the agenda item 4.2? Hearing seeing none, any trustees discussion? If not, is there a motion? Motion to approve agenda item 4.2. Second. All those in favor? Aye. Opposed? Unanimous. Agenda item 4.3. Approval of the following request of Priscilla Murphy, Public Utilities Department, Craig Murray, Police Department, Patricia Stevens-Etruny, City Clerk's Office, Karen Vaughn, City Clerk's Office, and Jeffrey Walker, Public Works Department, for a regular pension is provided by Sections 2.416 and 2.424. Tiffany Mackers, Human Resources Director, available for any questions. Anyone here from the public desire to speak to the agenda item 4.3? Hearing seeing none, any trustees discussion? And if not, is there a motion? Motion to approve agenda item 4.3. Second. All those in favor? Aye. Opposed? Unanimous. Agenda item 4.4. Approved pension plan administrative expenditures for fiscal year 2027, totaling not to exceed $450,575. Good afternoon, trustees. Jay Ravens, Finance Director. This request is for approval of various administrative expenditures for the pension plan for fiscal year 2027, in the total not to exceed amount of $450,575, which is a 1.5% increase from fiscal year 2026. This includes all administrative expenditures in support of the pension plan, other than certain professional services contracts and agreements that have been brought to the trustees separately, such as the actuary contract and money manager agreements. I'd be happy to answer any questions. Anyone here from the public desire to speak to the agenda item 4.4? Hearing seeing none, any trustees discussion? If not, is there a motion? Move to approve agenda item 4.4. Second. All those in favor? Aye. Aye. Opposed? Unanimous. Agenda item 5. Director's report? Okay, if there's no report, then we'll move to item 6 on the agenda, and that is to adjourn the August 3, 2026 meeting of the City of Clearwater Pension Trustees.