Appoint James Huang to the Fire and Police Disability and Retirement Board of Trustees for a term to expire December 21, 2023

WHEREAS, the Fire and Police Disability and Retirement (FPDR) Fund was originally created and established for the benefit of the sworn employees of Portland Fire & Rescue and the Bureau of Police of the City of Portland; and WHEREAS, the FPDR Board of Trustees supervises and controls the FPDR Fund and the Reserve Fund, and WHEREAS, Citizen Trustee Elizabeth Fouts’ term as a citizen member of the FPDR Board of Trustees expired on December 31, 2020 and it is necessary that a new citizen member be appointed; and WHEREAS, Section 5-201 of the Charter of the City of Portland provides that citizen trustees are nominated by the Mayor and approved by City Council; and WHEREAS, Section 5-201 of the Charter of the City of Portland provides that citizen trustees to the FPDR Board of Trustees have relevant experience in pension or disability matters; and WHEREAS, City Council supports the nomination of James Huang based on his relevant pension experience to the FPDR Board of Trustees effective upon City Council approval; NOW, THEREFORE, BE IT RESOLVED, that in accordance with Section 5-201 of the Charter of the City of Portland, the City Council approves the appointment of James Huang to the FPDR Board of Trustees for a term to expire on December 31, 2023.