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Public asks Lansing Charter Commission to consider ethical investment clause; commissioners flag pension and administrative limits
Summary
A community group urged the commission to adopt an ethical investment clause for city-managed funds; commissioners and staff raised legal, administrative and fiduciary complexities and agreed to revisit the issue with city administration and retirees present.
Public commenter Amanda Castillo told the Charter Commission on April 29 that community members wish to meet with commissioners to discuss a proposed ethical investment clause that would guide city investments.
Castillo said she coauthored the proposal and asked the commission to schedule a meeting so authors could present the draft, urging the commission to “work together to build a more ethical, sustainable, equitable, eco friendly ... Lansing.”
Commissioners acknowledged receipt of multiple…
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