Retiree Health Care Investment Board

Finance Department 203 South Troy Street Royal Oak, MI 4806 www.romi.gov NOTICE OF RETIREE HEALTH CARE INVESTMENT BOARD OF TRUSTEES MEETING The Royal Oak Retiree Health Care Investment Board of Trustees will hold a meeting at Approximately 8:30a.m*. on Friday, February 19, 2021 *immediately following the retirement system board of trustees meeting 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. Conducting the February 19, 2021 Royal Oak Retiree Health Care Investment Board of Trustees meeting in person would risk the personal health or safety of members of the public and/or the retiree health care investment board of trustees. Therefore, the meeting will be held electronically, in compliance with PA 228 and PA 254 of 2020 and procedures established by the Royal Oak City Commission. Members of the public can participate in the meeting on Zoom Webinar using: Meeting ID 810 6518 3208 and password 313525  Online https://us02web.zoom.us/j/81065183208?pwd=eng3YkJuVHpPT2ZJUWhyamxUNGZUQT09 iPhone: 1 929 205 6099 or 1 301 715 8592  Phone: 1 929 205 6099 or 1 301 715 8592 or 1 312 626 6799 or 1 669 900 6833 or 1 253 215 8782 or 1 346 248 7799 Members of the public can also contact members of the retiree health care investment board to provide input or ask questions on any business that will come before the retiree health care investment board of trustees at the meeting via e-mail as follows:  ccdubuc@romi.gov  cchunt@romi.gov  leec@romi.gov  bretn@romi.gov Anyone wishing to participate in the meeting who is in need of special assistance under the Americans with Disabilities Act (ADA) is asked to contact Carol Schwanger, city manager’s executive assistant at 248-246-3203 by 12:00p.m. on Thursday, January 21, 2021, so that appropriate arrangements can be made.  Finance Department 203 South Troy Street Royal Oak, MI 4806 www.romi.gov Agenda Royal Oak City Retiree Health Care Investment Board of Trustees Meeting City Hall, 203 South Troy Street Royal Oak, MI 48067 Friday, February 19, 2021 at 8:30a.m.* *Approximated time – immediately following the retirement system board meeting Zoom Webinar Meeting ID 810 6518 3208 and password 313525  Online https://us02web.zoom.us/j/81065183208?pwd=eng3YkJuVHpPT2ZJUWhyamxUNGZUQT09  iPhone: 1 929 205 6099 or 1 301 715 8592  Phone: 1 929 205 6099 or 1 301 715 8592 or 1 312 626 6799 or 1 669 900 6833 or 1 253 215 8782 or 1 346 248 7799 1. Call to Order | Roll Call 2. Public Comment 3. Approval of Agenda February 19, 2021 4. Approval of Minutes January 22, 2020 5. Investments Market value and performance update presented by Brian Green with AndCo Investments (enclosed) Be it resolved that the Board receive and file. AndCo Retiree Health Care Trust Investment Policy Statement – potential revisions to be discussed – draft policy (enclosed) Be it resolved that the Board receive and file. AndCo Quarterly Report dated December 31, 2020 (enclosed) Be it resolved that the Board receive and file. PGIM Real Estate Prisa II LP Detailed Management Fee for Q4 2020 ending December 31, 2020 (enclosed) Be it resolved that the Board receive and file. PGIM Real Estate Prisa II Investor Statement 4Q2020 (enclosed) Be it resolved that the Board receive and file. Seizert Capital Partners (SCP) Annual Proxy Report for year ending December 31, 2020 (enclosed) Be it resolved that the Board receive and file. 6. Legal - None 7. Other Business - None 8. Adjournment and Next Meeting - Request the board schedule the next meeting the third Friday of the month – March 19, 2021 at 8:30a.m. on Zoom webinar