A RESOLUTION approving interest rates set by the Seattle City Employees' Retirement System Board of Administration for 2016.
Thank you. Questions or comments? All in favor of adopting resolution 31617. Vote I. I oppose Vote No. The resolution is unanimously adopted. Please read item seven. Agenda item seven. Resolution 31619. Approving interest rates set by the Seattle City Employees Retirement System Board of Administration for 2016. The committee recommends the resolution be adopted. Thank you, Councilmember Licata. Another resolution again dealing with our retirement system. And in this case, it does make a slight adjustment to the interest rates. And again, this is accordance with a review by our own financial consultants that it is financially fiduciary, responsible to the preservation of our retirement system. Thank you. Questions or comments? All in favor of adopting Resolution 31619 vote. I oppose Vote No. The resolution is unanimously adopted. The report of the Housing Affordability, Human Services and Economic Resiliency Committee. Please read item eight through the first semicolon. I've been held. By to meet. The report the Housing Affordability, Human Services and Economic Resilience Committee Agenda Item eight Council Bill 118505 relating to the multi-family housing property tax exemption program and exemptions.