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3. Retirees (2)

The City of Cocoa Beach General Employees' Pension Board is reviewing investment strategies. Sterling Capital presented a quarterly report showing a portfolio trailing return of 10.38% for the fiscal year to date. Cohen & Steers presented their Tactical Real Estate Fund, which blends private and public real estate, with a 65% private and 35% public allocation. Burgess Chambers and Associates also presented their quarterly report, noting strong performance in International Equity and Global Infrastructure. The board approved moving funds from Schwab to Cohen & Steers and approved a recommendation to Sterling Capital for small and large cap allocations. This item is under review as the board considers investment adjustments. The work involves financial analysis, investment management, and potentially the reallocation of assets. Contractors, suppliers, and service providers in financial services, investment management, and related fields may find opportunities. Early engagement before final decisions on asset allocation and fund management could be advantageous.

Board:
General Employee Pension Meeting
Date:
2026-05-21
Type:
Agenda_item

3. Transaction costs, such as commissions, are included in the purchase cost or deducted from the proceeds or sale of a security. Differences in transaction costs may affect comparisons.

General Employee Pension Meeting listed this item on its agenda for 2026-05-21 in City of Cocoa Beach. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Employee Pension Meeting
Date:
2026-05-21
Type:
Agenda_item

4. Individual client returns may vary due to a variety of factors, including differences in investment objectives, asset allocating and timing of investment decisions.

General Employee Pension Meeting listed this item on its agenda for 2026-05-21 in City of Cocoa Beach. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Employee Pension Meeting
Date:
2026-05-21
Type:
Agenda_item

5. Performance reports are generated from information supplied by the client, custodian, and/or investment managers. BCA relies upon the accuracy of this data when preparing reports.

General Employee Pension Meeting listed this item on its agenda for 2026-05-21 in City of Cocoa Beach. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Employee Pension Meeting
Date:
2026-05-21
Type:
Agenda_item

6. The market indexes do not include transaction costs, and an investment in a product similar to the index would have lower performance dependent upon costs, fees, dividend reinvestments, and

General Employee Pension Meeting listed this item on its agenda for 2026-05-21 in City of Cocoa Beach. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Employee Pension Meeting
Date:
2026-05-21
Type:
Agenda_item

7. Performance information prepared by third party sources may differ from that shown by BCA. These differences may be due to different methods of analysis, different time periods being evaluated,

General Employee Pension Meeting listed this item on its agenda for 2026-05-21 in City of Cocoa Beach. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Employee Pension Meeting
Date:
2026-05-21
Type:
Agenda_item

8. Certain valuations, such as alternative assets, ETF, and mutual funds, are prepared based on information from third party sources, the accuracy of such information cannot be guaranteed by BCA.

General Employee Pension Meeting listed this item on its agenda for 2026-05-21 in City of Cocoa Beach. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Employee Pension Meeting
Date:
2026-05-21
Type:
Agenda_item

9. BCA relies on third party vendors to supply tax cost and market values, In the event that cost values are not available, market values may be used as a substitute.

General Employee Pension Meeting listed this item on its agenda for 2026-05-21 in City of Cocoa Beach. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Employee Pension Meeting
Date:
2026-05-21
Type:
Agenda_item

Agenda

This document is the General Employees' Pension Board Quarterly Meeting Agenda for May 21, 2026. It includes approval of minutes from February 19, 2026, and payment of invoices from Burgess Chambers and Foster & Foster. New business includes quarterly reports from Sterling Capital (presented by Blake Myton) and Burgess Chambers and Associates (presented by Mitchell Brennan), an update on Salem Transition by Inez Garcia, and a discussion on legal representation changes. Information items include a signed LOD Letter, Cohen & Steers Tactical Real Estate Fund Documents, and Sterling Capital Management Form ADV part 2A. The next meeting is scheduled for August 20, 2026.

Board:
General Employee Pension Meeting
Date:
2026-05-21
Type:
Agenda
Address:
2 S. ORLANDO AVE., COCOA BEACH, FLORIDA
Applicant:
General Employees' Pension Board

Agenda - Cancelled

The City of Cocoa Beach Regular City Commission meeting scheduled for May 21, 2026, was cancelled. The meeting was to be held at City Hall, 2 South Orlando Avenue, Cocoa Beach, Florida 32931.

Board:
City Commission Meeting - CANCELLED
Date:
2026-05-21
Type:
Agenda
Decision:
Cancelled
Address:
2 South Orlando Avenue, Cocoa Beach, Florida 32931

Agenda Packet

The City of Cocoa Beach General Employees' Pension Board held a quarterly meeting agenda on Thursday, May 21, 2026. The agenda included approval of minutes from February 19, 2026, and payment of invoices from Burgess Chambers and Foster & Foster. New business included a Sterling Capital Quarterly Report, a Burgess Chambers and Associates Quarterly Report, and an update on the Salem Transition. The board also discussed legal representation changes. Information items included a signed LOD Letter, Cohen & Steers Tactical Real Estate Fund documents, and Sterling Capital Management Form ADV Part 2A. The next quarterly meeting is scheduled for August 20, 2026.

Board:
General Employee Pension Meeting
Date:
2026-05-21
Type:
Agenda_packet
Address:
2 S. Orlando Ave.

Cancelled

City Commission Meeting - CANCELLED listed this item on its agenda for 2026-05-21 in City of Cocoa Beach. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
City Commission Meeting - CANCELLED
Date:
2026-05-21
Type:
Agenda_item

City Attorney, Becky Vose

City Commission Meeting - CANCELLED listed this item on its agenda for 2026-05-21 in City of Cocoa Beach. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
City Commission Meeting - CANCELLED
Date:
2026-05-21
Type:
Agenda_item

City Hall

City Commission Meeting - CANCELLED listed this item on its agenda for 2026-05-21 in City of Cocoa Beach. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
City Commission Meeting - CANCELLED
Date:
2026-05-21
Type:
Agenda_item

City Hall Commission Room

City Commission Meeting - CANCELLED listed this item on its agenda for 2026-05-21 in City of Cocoa Beach. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
City Commission Meeting - CANCELLED
Date:
2026-05-21
Type:
Agenda_item

City of Cocoa Beach

City Commission Meeting - CANCELLED listed this item on its agenda for 2026-05-21 in City of Cocoa Beach. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
City Commission Meeting - CANCELLED
Date:
2026-05-21
Type:
Agenda_item

L. Michelle Bumgarner, AIF®

The City of Cocoa Beach is reviewing a proposal related to the General Employees Pension Fund. This is an early stage in the public process, indicating potential future opportunities. The review involves financial strategy and investment management, which could lead to needs for financial consulting, data analysis, and administrative support services. Businesses specializing in financial planning, investment advisory, and related professional services should monitor this agenda item as it progresses. Early engagement could provide an advantage as plans develop.

Board:
General Employee Pension Meeting
Date:
2026-05-21
Type:
Agenda_item

May 21, 2026

City Commission Meeting - CANCELLED listed this item on its agenda for 2026-05-21 in City of Cocoa Beach. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
City Commission Meeting - CANCELLED
Date:
2026-05-21
Type:
Agenda_item

Mayor Keith Capizzi, Seat 1

City Commission Meeting - CANCELLED listed this item on its agenda for 2026-05-21 in City of Cocoa Beach. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
City Commission Meeting - CANCELLED
Date:
2026-05-21
Type:
Agenda_item

P: 407-644-0111 F: 407-644-0694

General Employee Pension Meeting listed this item on its agenda for 2026-05-21 in City of Cocoa Beach. The posted record gives the item title and nothing else, so there is no site, no size and no applicant on file for it yet. Local businesses that want to follow it can open the official agenda link above and watch for the fuller write-up the body posts as the meeting gets closer.

Board:
General Employee Pension Meeting
Date:
2026-05-21
Type:
Agenda_item

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