Signal explorer

Board approved issuing an RFP for a new investment consultant - first competitive search in 18 years.

Board approved staff's recommendation to initiate an RFP for general investment consulting services. Driven by the merger of incumbent consultant Verus Advisory, Inc. with Cerity Partners LLC and the 19-year Verus relationship; the contract exceeds $350,000 annually. President Sibbach appointed Trustees Hamm, O'Quest, and Sibbach to an Ad Hoc Committee for the RFP. Motion carried 6-1 (Sibbach dissenting). Incumbent Verus.