Speaker 0: Thank you. Questions or comments? All in favor of adopting resolution 31617. Vote I. I oppose Vote No. The resolution is unanimously adopted. Please read item seven.
Speaker 2: Agenda item seven. Resolution 31619. Approving interest rates set by the Seattle City Employees Retirement System Board of Administration for 2016. The committee recommends the resolution be adopted.
Speaker 0: Thank you, Councilmember Licata.
Speaker 5: Another resolution again dealing with our retirement system. And in this case, it does make a slight adjustment to the interest rates. And again, this is accordance with a review by our own financial consultants that it is financially fiduciary, responsible to the preservation of our retirement system.
Speaker 0: Thank you. Questions or comments? All in favor of adopting Resolution 31619 vote. I oppose Vote No. The resolution is unanimously adopted. The report of the Housing Affordability, Human Services and Economic Resiliency Committee. Please read item eight through the first semicolon.
Speaker 2: I've been held.
Speaker 0: By to meet.
Speaker 2: The report the Housing Affordability, Human Services and Economic Resilience Committee Agenda Item eight Council Bill 118505 relating to the multi-family housing property tax exemption program and exemptions.
A RESOLUTION approving interest rates set by the Seattle City Employees' Retirement System Board of Administration for 2016.