Please call this uh special meeting to order and call the roll.

Thank you, Mayor.

Uh Councilmember Kaplan.

Here.

Councilmember Dickinson.

Vice Mayor Talamantes.

Councilmember Plucky Baum will be absent.

Councilmember Maple.

Mayor Pro Tem Gera.

Here.

Councilmember Jennings.

Here.

Council Member Vang.

President.

Mayor McCarty.

And Mayor Councilmember Maple is participating remotely.

Thank you.

We have Councilmember Kaplan.

Please join us in the pledge and land acknowledgement.

So does it are able.

Pledge.

I pledge a leader.

Under God.

And Mayor, before we move on to our first agenda item, Councilmember Maple is using the just cause provisions for an illness.

Okay.

Thank you.

And we have one item on the discussion calendar today.

Item one is removing the Sacramento City Employees Retirement System SCORS Termination Charter Amendment Measure from the November 3rd, 2026 ballot.

Thank you.

I know Councilmember Gera is punched up, and there's there's no staff presentation to this.

We certainly know know about this measure.

So I I asked the council to uh join us today in having a special meeting uh focusing on this this issue uh to to ask that we remove it uh temporarily from uh upcoming city ballot.

This issue is not going away.

I know I, along with councilmember uh Maple and Guerra and the rest of the council are really intrigued by the treasurer's idea of how to focus on the uh desolution of a retirement system and and put the resources to good use after the fact, and this notion of a revolving loan fund to build affordable housing is um a great idea and still stand by that.

Uh however, we have you know political realities.

We have a uh election and a campaign and still some uh underlying uh issues that haven't been properly in some stakeholders' opinions addressed, relating uh legal issues, um, whether or not this is uh able to do so legally, as well as some outstanding policy issues.

So with that, we want to uh be right and not be fast.

And and as the treasurer would say if he was here today, uh this issue isn't uh necessarily ripe yet because we still have an active uh scurs system with one employee still working for the city, and she's we gave her a key to the city for her 50 years recently, and she looked in in a fabulous spirit and health.

So who knows when she's going to step down.

So we'll have another bite of the apple, but uh for the time we want to uh put a pause on this.

With that, Councilman Raguerra.

Well, thank you, Mayor.

And uh, you know what, let me start there by thanking our our uh employees and our our SCRS employee who has continued to serve and wants to continue to serve the city of Sacramento and for those that have uh contributed to the fund for years over the over that time.

But to that point, I think to do things right what we need to make sure that everyone is uh well informed, that they're participated, that their input is put into the next uh future of the fund.

And you know, and yes, the ideas I think are great.

We have a success already happening when we can use a city revolving loan, when we can look at financing.

You can see it on Stockton Boulevard, mixed income housing that's helping not only workforce but folks who are uh you know need affordable housing uh and revitalizing a corridor.

So there are multiple benefits that are already occurring when we can do a city funded uh revolving loan program.

But the bigger piece and the bigger question is making sure that as we put things on the ballot that we include everyone's voice in that process.

And and with that, Mayor, I'll go ahead and move the item to remove uh the uh the SCRS uh termination act uh amendment measure from the November 3rd, 2026 ballot.

Thank you.

I'll second the map.

And I'll second Maple and Council Mayor Maple, you are uh in the queue to speak next.

Thank you very much.

Um and uh thank you all for letting me uh join remotely today, as you can probably hear.

I'm not feeling well and don't want to get you all sick.

Um but I I just want to thank everyone who's participated in this process, especially our labor partners, um, for their collaboration.

And um, as much as it can be painful to say, I think it's important that we we take the time to do this right and make sure everyone's at the table and ensure that we have something that we can move forward with that we're really proud of and that everybody feels on board with.

Um, but like the mayor and uh mayor pro tem said, uh the revolving loan fund is a great idea, a great program.

There's a lot of success in other cities, and I think it is something that can really benefit the city of Sacramento.