A look at some of the issues Jacksonville's City Council considered in its meeting 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. Skeptics warn hedge funds can carry extra risks, including uncertainty about what an investment is really worth.
Bill No. 2011-108
Action: Postponed until May 24
Issue: Nonprofit construction grants
What it means: The council was asked to approve grants of about $95,000 to FreshMinistries and $53,000 to daniel Memorial. FreshMinistries would use the cash to help it develop a new center at 616 A. Philip Randolph Blvd., and daniel would replace roofs at two Southside buildings.
Bill No. 2011-183
Issue: Ash zone construction
What it means: The Mayor's Office wanted to update city construction codes to include rules for excavating in areas that were formerly contaminated by lead and other pollutants in ash from city-owned trash incinerators and have since been cleaned up.
Bill No. 2011-230