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Sedona council unanimously adopts ASRS funding policy, approves manhole contract and proclaims drug‑free week
Summary
The council voted unanimously to adopt a policy to pre‑fund the city's share of ASRS pension liability (policy amended to a 10‑year guideline), approved a $321,165.36 manhole rehabilitation contract with AMKA Services LLC, and approved a staff‑recommended proclamation recognizing Stand With Me, Be Drug Free Week.
Sedona's City Council on April 14 approved three items with direct budget and implementation consequences: a pension‑funding policy intended to pre‑fund the city's Arizona State Retirement System (ASRS) liability, a construction contract to rehabilitate 49 city manholes, and a ceremonial proclamation supporting an anti‑drug week.
On the pension item, Deputy City Manager Barbara Whitehorn introduced Stifel advisors and asked council to consider a policy to contribute toward the city's proportionate share of ASRS net pension liability through the ASRS CPP (employer account) vehicle. Omar Dagestani, a managing director with…
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