File #: 14-9686    Version: 1 Name:
Type: Investments Status: Agenda Ready
File created: 9/4/2025 In control: Federated City Employees' Retirement System and Federated City Employees' Health Care Trust
On agenda: 9/18/2025 Final action:
Title: Discussion and action on authorizing the Secretary to negotiate and execute a second amendment to the agreement with the Bank of New York, for custodian banking services, to extend the term of the agreement by five years through September 30, 2030, and to increase the maximum total compensation payable under the agreement for the: a. Federated City Employees' Retirement System not-to-exceed $2,350,000. b. Federated Retiree Health Care Trust Fund not-to-exceed $333,000.
Attachments: 1. 3a - BNY Contract Renewal - FED Board 09-18-2025.pdf
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Title

Discussion and action on authorizing the Secretary to negotiate and execute a second amendment to the agreement with the Bank of New York, for custodian banking services, to extend the term of the agreement by five years through September 30, 2030, and to increase the maximum total compensation payable under the agreement for the:

a. Federated City Employees’ Retirement System not-to-exceed $2,350,000.

b. Federated Retiree Health Care Trust Fund not-to-exceed $333,000.