Retiree Health Care Investment Board

Office of the Finance Director 211 South Williams Street Royal Oak, MI 48067 www.romi.gov NOTICE OF RETIREE HEALTH CARE INVESTMENT BOARD MEETING The Royal Oak Retiree Health Care Investment Board will hold at 8:30a.m. on Friday August 7, 2020 On April 1, 2020, Governor Whitmer issued Executive Order 2020-33, which declared both a state of emergency and a state of disaster across the State of Michigan due to the spread of the novel coronavirus (COVID-19). COVID-19 is a new strain of coronavirus that had not been previously identified in humans, can spread easily from person to person, and can result in serious illness or death. To mitigate the spread of COVID-19, to protect the public health, and provide essential protections to vulnerable Michiganders, it is crucial that all Michiganders take steps to limit in-person contact. The critical mitigation measures include social distancing and limiting the number of people interacting at public gatherings. Therefore, the July 10, 2020 Retiree Health Care Investment Board Meeting will be held electronically, in compliance with the Open Meetings Act and Executive Order 2020-154, as issued by Governor Whitmer on July 17, 2020. Members of the public can watch the meeting on WROK’s live web stream https://www.romi.gov/523/Live-Stream-and-Video-on-Demand Members of the public may participate in the meeting electronically by providing public comment on any city-related matter, whether on the agenda or not, by leaving a recorded comment at 248-246- 3411 between the hours of 7:00 and 8:00p.m. on Thursday, August 6, 2020. Recorded comments will be played for the retirement board during the public comment portion of the agenda. Members of the public can also contact members of the retirement board to provide input or ask questions on any business that will come before the retirement board at the meeting via e-mail as follows:  ccdubuc@romi.gov  ccgibbs@romi.gov  leec@romi.gov  bretn@romi.gov  gillamd@romi.gov Anyone wishing to participate in the meeting who needs special assistance under the Americans with Disabilities Act (ADA) is asked to contact Carol Schwanger, City Manager Executive Assistant at 248- 246-3203 by Monday, August 3, 2020 4:30p.m. so that appropriate arrangements can be made.  Agenda Royal Oak Retiree Health Care Investment Board of Trustees Meeting City Hall, 211 South Williams Street Royal Oak, MI 48067 Broadcast from City Commission Room 315 https://www.romi.gov/523/Live-Stream-and-Video-on-Demand Friday August 7, 2020 at 8:30a.m. *7:00p.m. to 8:00p.m. Thursday, August 6, 2020 Public Comment Phone in 248-246-3411 (details listed below) 1) Public Comment *To participate in public comment please call 248-246-3411 on Thursday, August 6 between the hours of 7:00 and 8:00p.m. The chair will open the public comment portion of the meeting and your recorded phone message will be played as part of the meeting broadcast. Public comment will be limited to three-minutes per person.  If you exceed the three-minute limit only the first three-minutes will be played for the meeting broadcast.  If you call in multiple times only your first comment will be played. 2) Request That the Board Approve the Agenda for August 7, 2020 3) Request That the Board Approve the Minutes for July 10, 2020 4) Investments Market value and performance update presented by Brian Green with AndCo Investments (to be distributed) Request that the Board receive and file. PGIM Real Estate Prisa II Performance Report 2Q 2020 (enclosed) Request that the Board receive and file. PGIM Real Estate Prisa II Investor Statement period ending 2Q 2020 (enclosed) Request that the Board receive and file. Seizert Capital Partners (SCP) Directions Newsletter 2Q 2020 dated June 30, 2020 (enclosed) Request that the Board receive and file. Seizert Capital Partners (SCP) Quarterly Report dated June 30, 2020 (enclosed) Request that the Board receive and file. 5) Legal VanOverbeke, Michaud, & Timmony, P.C. Memo re: Remote Public Meetings – Executive Order 2020-154, dated July 24, 2020 (enclosed) Request that the Board receive and file. VanOverbeke, Michaud, & Timmony, P.C. Memo re: Electronic Signatures – Executive Order 2020-158, dated July 29, 2020 (enclosed) Request that the Board receive and file. 6) Other None 7) Adjourn Next regular meeting (first Monday of each month) is scheduled to immediately follow the retirement board meeting at approximately 8:30 am Monday, September 7, 2020 however this is Labor Day. Request that the Board establish the next meeting for September 2020.