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The executive director of the Arkansas Teacher Retirement System on Monday defended his recommendation for the system to cut its target rate of investment return from 7.5% to 7.25% a year, saying he couldn't in good conscience recommend keeping the higher rate if the system's actuary considered it unreasonable.
Says refusal of owner to make repairs is costing it thousands of dollars.
The city alleges it was forced to closed adjacent sidewalks and roadway lanes on July 7 at a cost of $39,985 so far.
The trustees for the Arkansas Teacher Retirement System last week reduced its target rate of return from 7.5% to 7.25% a year.
It would be wrong to even consider a change of manager at Portman Road according to Town defender Tommy Smith.