Jacksonville City Council action

A look at some of the issues Jacksonville's City Council considered Tuesday:

Issue: City pension investments

What it means: Trustees of the general employee pension system wanted permission to invest up to 10 percent of the fund in "alternative" investments that could include hedge funds and private equity funds.

Bill No. 2011-108

Action: Deferred until May 10

Issue: Police training money

What it means: The council was asked to approve using $200,000 from the Florida Department of Law Enforcement for specialized training of police and correctional officers.

Bill No. 2011-175

Action: Approved

Issue: Selling city land

What it means: The council was asked to let the city sell flood-prone property on McCoys Creek Boulevard near the new Fire Station 5 without a bidding process. City departments said they had no use for it. A neighboring company, Miner Properties, Jacksonville Ltd., wanted to buy the land at its appraised value of $62,000.

Bill No. 2011-135

Action: Approved