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Minutes of the Regular Meeting February 18, 2026
Time: 2:00 P.M. Members Present: Mike McCullough,
Sean McNally, Jacob Ficken, Bruce Jocks
Members Absent: Mike Bedsun
Others: Aaron Castle, Brian Green, Jill Cooper, Amanda Tackett, Holly Nowak, Melissa Lawler
Meeting was called to order at 2:02 p.m.
Re: Agenda modifications
Re: Minutes of the Meeting held January 21, 2026
2026-02-1 Resolution by McNally, supported by Ficken
Resolved, that the minutes of the 01/21/2026 meeting be approved as written
Yeas: all Members present
Re: Communications
2026-02-2 Resolution by Ficken, supported by McNally
Resolved, that the board receive the following communications and place them on file:
a. Comerica Statement 12/01/2025 – 12/31/2025
b. Robbins Geller Rudman & Dowd Portfolio Monitoring Report 12/26/2025
c. Robbins Geller Rudman & Dowd Portfolio Monitoring Report 01/30/2026
Yeas: all Members present
Re: Plan Secretary Jill Cooper
2026-02-3 Resolution by Ficken, supported by Jocks
Resolved, that the board receive and approve the Payout of Accumulated Contribution and
Interest for Jacob Fields as presented.
Yeas: all Members present
Re: Investment Consultant Brian Green
2026-02-4 Resolution by Jocks supported by Ficken
Resolved, that the board, receive and place on file the Q4 2025 Investment Performance Review
from its Investment Consultant, Mariner Institutional.
Yeas: all Members present
2026-02-5 Resolution by Jocks supported by Ficken

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February 18, 2026 Minutes continued
Resolved, that upon the recommendation of the Plan’s Investment Consultant, the board approve
a portfolio rebalance, liquidating $800,000 from First Eagle to the cash account.
Yeas: all Members present
Investment Consultant Brian Green discussed with the Board that cash flow is projected to cover
payroll through July.
Re: Legal Aaron Castle
None
Re: Invoices
2026-02-6 Resolution by McNally, supported by Ficken
Whereas, the Board has received and reviewed the following invoices:
1. Invoices
a. VMT Law Q4 2025………………………….…………...……………………………....$639.00
b. Comerica Bank Q4 2025….………..….………………………….…………….….$5,381.41
TOTAL……………………………………….………….……….…………..……………….$6,020.41
Resolved, that the Board approved payment to VMT Law in the amount of $639.00, Comerica
Bank Q4 2025, in the amount of $5,381.41, for a total of $6,020.41 in disbursements: and be it
further
Resolved, that Plan Secretary Cooper is directed to act upon the Board’s behalf when submitting
these invoices to Comerica Bank for payment.
Yeas: all Members present
Re: Old Business
2026-02-7 Resolution by Jocks supported by Ficken
Resolved, that the board, approve the Service Provider Review of Plan Secretary/Administrator
and Insurance Broker/Agent as required per the Board’s professional review policy.
Yeas: all Members present
Re: New Business
None
Public Comment

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February 18, 2026 Minutes continued
None
Upcoming Events
 Next Board meeting – March 18, 2026 at 2:00 p.m. at Trenton City Hall subject to
Board approval.
Resolved, that the meeting be adjourned at 2:51 PM
Minutes prepared by Pension Board Recording Secretary: ______________________________
Melissa Lawler
_______________________ ___________________________
Mike McCullough-President Mike Bedsun- Secretary