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Council approves OPEB policy change, energy-efficiency grant application and property purchase; several votes recorded
Summary
On Dec. 9 the Falls Church council voted to: (1) adopt a technical OPEB investment-policy amendment (TR24-47); (2) authorize a $35,000 EECBG grant application to fund 60 free home energy audits (TR24-49); and (3) purchase 222 West Cameron Road for up to $795,000 to remove a home from the floodway and expand parkland (TR24-50, approved 5-1-1).
Falls Church City Council approved multiple resolutions at its Dec. 9 meeting.
TR24-47 (OPEB investment-guideline amendment): Staff recommended a technical correction to codify current practice for determining actuarially determined contributions to the post-retirement medical benefits trust; staff said the change aligns the written policy with established practice and has no immediate fiscal…
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