City of Newport Beach City Council Meeting January 27, 2026

Newport Beach City Council · January 27, 2026

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2:30:47

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30:00

1:00:00

1:30:00

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2:30:00

Call to order and roll call

11:38 → 11:52(14s)

City clerk called roll and the council convened at 4:00 p.m.; Mayor (presiding) opened the meeting and announced order of business.

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Speakers:Unidentified Speaker

Newport Beach City Council held its Jan. 27, 2026 meeting and held a study session on options for investing pension surplus funds (including whether to create a Section 115 pension trust), took initial action on allocating $5 million from an overfunded OPEB trust into a Section 115 trust (straw vote), and rescinded a recent general plan amendment after a referendum petition qualified for the ballot.

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Transcript

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