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Olivette Council approves retaining-wall contract, pension fee addendum and declares vehicle surplus

Olivette City Council · December 10, 2024
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

At its Dec. 10 meeting the council authorized a retaining-wall replacement contract ($43,362), approved a pension-consultant fee addendum (Marquette Associates), and declared a 2019 Taurus surplus; all recorded votes were unanimous.

The Olivette City Council approved several administrative and contract actions at its Dec. 10 meeting.

Pension consultant fees: Council adopted Resolution 2024-255 authorizing the city manager to execute a second addendum to the investment consultant agreement with Marquette Associates. Staff said Marquette requested a fee increase equal to $500 per quarter (or $2,000 per year) for the…

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