7.     REPORT, Committee on Finance, recommending to the City Council to take “NO FURTHER ACTION” on the COMMUNICATION, Councillor Morad submitting a letter from Gerard Arnaudet, Ex. Director, New Bedford Retirement Board, notifying the City Council that the Retirement Board voted to increase the COLA Base from $12,000.00 to $13,000.00 effective July 1, 2020.

7a.     COMMUNICATION, Councillor Morad, submitting a letter from Gerard Arnaudet, Ex. Director, New Bedford Retirement Board, notifying the City Council that the Retirement Board voted to increase the COLA Base from $12,000.00 to $13,000.00 effective July 1, 2020. (Referred to the Committee on Finance – January 9, 2020.)