Atlantic County Board of Commissioners Advances Flood Response and Cost-saving Measures

Overview: In a recent meeting, the Atlantic County Board of Commissioners addressed issues including flood response initiatives, cost-saving measures, and honoring late public servants. The meeting began with a tribute to the late James Carney, an esteemed former county surrogate judge, and Bruce Crow, mayor of Mikića. A significant portion of the session was dedicated to discussions about enhancing the county’s response to flooding through a new emergency alert app and public alert system, both aimed at improving community safety and preparedness. Additionally, the board approved multiple resolutions that promise financial savings, such as a $100,000 annual saving water conservation project at the Atlantic County Justice Facility and the acceptance of nine vehicles aiming to mitigate congestion and improve air quality.

Cocoa Beach Pension Board Approves Full Redemption from ASB

Overview: The Cocoa Beach Pension Board has unanimously approved a full redemption request from the real estate investment manager ASB during their latest meeting. This decision follows a detailed evaluation of ASB’s underperformance, particularly within the real estate sector, where approximately 47% of ASB’s properties are over 20 years old and facing tenancy challenges due to a preference for newer buildings. ASB had historically used less leverage compared to peers, but concerns were raised after their leverage increased late in the cycle. The redemption process is expected to unfold over multiple quarters due to the slow real estate market and the firm’s guidance is likely to evolve during this time.

Sweetwater Commission Votes to Terminate Officials’ Retirement Trust

Overview: In a notable move during a recent Sweetwater City Commission meeting, commissioners unanimously voted to terminate the elected officials’ retirement trust, transitioning both regular employees and elected officials to the Florida Retirement System (FRS). This change aims to provide cost savings and a more sustainable retirement plan for the community. The meeting also covered a range of other topics, including the recognition of individuals for their service, concerns about flood insurance and solid waste disposal, and discussions about infrastructure, legal matters, and city operations.

Indian River Shores Council Tackles Human Trafficking and Pension Fund Issues

Overview: The Indian River Shores City Council meeting addressed a spectrum of concerns, with notable discussions on the urgency of combating human trafficking and in-depth scrutiny of the public safety pension fund’s underperformance. The council issued a proclamation supporting the Florida Alliance’s efforts to eradicate human trafficking. In financial matters, Councilman Aler’s report on the pension fund’s performance sparked a debate about its structure and the need for educational efforts for public safety officers.

Bradley Beach Borough Council Addresses Controversies and Community Concerns in Recent Meeting

Overview: The Bradley Beach Borough Council’s recent meeting was marked by several developments, including a debate over the absence of key religious holidays from the municipal calendar, concerns about transparency in the handling of requests for proposals (RFPs), and discussions regarding the disposition of a church property. The council also addressed questions regarding financial transparency and ethical considerations, such as potential conflicts of interest and the involvement of legal advisors in decision-making.