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File #: 21-513    Version: 1
Type: Executive Session Status: Agenda Ready
File created: 9/17/2021 In control: City Council
On agenda: 9/28/2021 Final action:
Title: Pursuant to Section 307B.4, Title 25, Oklahoma Statutes, consider convening in executive session to discuss the status of an ongoing investigation concerning pension calculations, and, if necessary, take appropriate action in open session.
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ITEM TITLE:

Title

Pursuant to Section 307B.4, Title 25, Oklahoma Statutes, consider convening in executive session to discuss the status of an ongoing investigation concerning pension calculations, and, if necessary, take appropriate action in open session.

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INITIATOR:  John Ratliff, City Attorney

 

STAFF INFORMATION SOURCE:  Dewayne Burk, Deputy City Manager; Timothy Wilson, Deputy City Attorney; and Craig Akard, Human Resources Director

 

BACKGROUND: Staff, in late 2019, initiated an investigation into the methods used in its employee pension calculations. This investigatory review remains open. The City Attorney/Deputy City Attorney advises the Council that the disclosure of information relating to the ongoing investigation will seriously impair the ability of the public body to conduct said investigatory review and/or defend its interests, and from that determination, the Council should convene in executive session to discuss the matter.

 

EXHIBIT:  N/A

 

KEY ISSUES:  N/A

 

FUNDING SOURCE:  N/A

 

STAFF RECOMMENDED COUNCIL ACTION:  Convene in executive session to discuss the status of an ongoing investigation concerning pension trust calculations, and, if necessary, take appropriate action in open session.