HomeMy WebLinkAboutRes1974-911
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'IRE CITY OF SEWARD, ALASKA
RESOLUI'ION NO. 911
itir!:),~A;), Hit.' 1 'ity ria:; previously established the IClV'JA Retirement
I,;, ,IT ,'raUe'L' ,; 0'"ferred compensation plan for certain of i t:~ CfL-
I) 1 u.vt:c'~ '>; 'lni 1
wl!E!lliA'::';, t1,i r I:]\:!f\ Eetirement Corporation has requested that cer-
t.ain 3l:1r~nUF1U1t.:; be made to said plan; and
\lililiffi.J\S, said amendments assist the City by simplifying the au-
rllini:3tr:'itiun of said plan; and
WlLEPEAS, t[]( City will assist its employees, at no cost tc itself,
l,.~' the' ir jl:()!j)oration into said plan additional attractive features.
NO", 11iESEFORE, BE IT RESOLVED that the City amend its Trust Agree-
:rc"nt with the ICMA Retirement Corporation by substitution therefor
the [(:ferr'ed Compensation Plan, attached hereto as Appendix A, and
heY'l'.tJy authorizes its Mayor to execute the referred Compensation
Flan wittJ the International City Management Retirement Corporation;
CillU
IT IS FURUJER RESOLVEJI that the City Manager may, on behalf of the
C.:ty, execute all Joinder Agreements with said employeeG and other
,; L j It LtJle officiaL and officers, which are necessary for said per-
:;"n:; participation in the plan, an ex~le of which appears at
Appenuix B, except t hat any Joinder Agreement for said de::;ignated
,f'f i cial shall bc: executed by the Mayor,
,'J ,j s Resc'lution bpcanes effective upon passage and approval.
i/~
, \.;; :ElJ AND APFI\OVElJ this ~ day of November, 1974.
~ 1\11 (kvk\....1.A-LL
Lee McAnerney I
Mayor
-ArlTI~T :
, /1 I?/J "'A
/~~ Ip~liMi
vi t,y Clerk-T'rf?8surer