>> so moved. >> motion made by commissioner casciato. is there a second? >> i'll second. >> public comment? >> if mr. huish wants more office space, why don't you purchase a building? if you purchased a building, it would have doubled in value by now, and the average rate of retain would be 50%. what's your average rate of return in hedge funds or real estate? >> no further public comment, all those in favor say aye. opposed? next? >> item 25, discussion item. educational presentation on fiduciary duties, part 11, practice. >> i would propose we continue this. the important of the -- >> okay. can you continue this item? >> can we continue this to the meeting next week? >> no, there's a full agenda, i believe, for the retreat, is that correct, president driscoll? >> okay. i'm sorry. i asked. >> we'll do it for the march meeting. >> okay. calendar it for the march meeting. hopefully, it won't be as long of a meeting. although it is the performance report. >> we'll have a garage closure in a few minutes across the street. >> yeah. other than that, executive d

>> so moved. >> motion made by commissioner casciato. is there a second?i'll second. >> public comment? >> if mr. huish wants more office space, why don't you purchase a building? if you purchased a building, it would have doubled in value by now, and the average rate of retain would be 50%. what's your average rate of return in hedge funds or real estate? >> no further public comment, all those in favor say aye. opposed? next? >> item 25, discussion item. educational presentation on fiduciary duties, part 11, practice. >> i would propose we continue this. the important of the -- >> okay. can you continue this item? >> can we continue this to the meeting next week? >> no, there's a full agenda, i believe, for the retreat, is that correct, president driscoll? >> okay. i'm sorry. i asked. >> we'll do it for the march meeting. >> okay. calendar it for the march meeting. hopefully, it won't be as long of a meeting. although it is the performance report. >> we'll have a garage closure in a few minutes across the street. >> yeah. other than that, executive direc

the motion has been made by commissioner casciato, seconded by commissioner heldfond. any public comment? >> you shouldn't invest in any countries that are involved in civil wars. the civil wars have been going on for hundreds of years, and when it comes to civil rights abuses, the country that should be at the top of your list is china. they've been refusing people for the last 75 years. >> okay. no further public comment. all those in favor of the motion say aye? opposed? next item. >> item 8, 2020 proxy guidelines. >> members, there are eight recommended changes as summarized on page 2 of andrew's memo. andrew? >> thank you. as bill said, annually, we review our proxy voting guidelines to ensure that they're consistent with best practices in terms of governance and our expectations around that, and two, that they're reflective of any changes that we come across in the governance landscape in types of governance landscape, new shareholders expectations. few changes that we're recommending this year, but those eight changes are on staff's memo. i'll just highlight qui