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Largo restores pension-board investment powers in first reading of ordinance 2026-12

City Commission, City of Largo · December 16, 2025
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

On first reading commissioners approved Ordinance 2026-12 (6-0), which reinstates certain Board of Trustees investment powers for the municipal police and firefighters retirement plan, including real-estate investments and allowing up to 75% in a particular fund; second reading set for Jan. 6, 2026.

The City Commission conducted the first reading Dec. 16 of Ordinance 2026-12, which amends Appendix C of the Largo City Code to restore investment powers to the Board of Trustees for the municipal police officers and firefighters…

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