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HomeMy WebLinkAboutRes1992-160 . . . Sponsored by: Schaefermeyer CITY OF SEWARD, ALASKA RESOLUTION NO. 92-160 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, AMENDING THE CITY'S PERS PARTICIPATION AGREEMENT TO ALLOW SEWARD GENERAL HOSPITAL TO EXECUTE A SEPARATE PARTICIPATION AGREEMENT WHEREAS, city of Seward Resolution No. 86-2 authorized an amendment to the Participation Agreement between the city and the Public Employees Retirement System to include employees of Seward General Hospital in PERSi and WHEREAS, as a result of this amendment to the city's PERS Participation Agreement, Seward General Hospital is currently operating under an extension of the city's agreementi and WHEREAS, an audit was performed by PERS in April, 1982, and it was recommended that the hospital enter into a separate Participation Agreement with PERSi and WHEREAS, the Seward Community Hospital Board has requested that the city amend its PERS Participation Agreement to allow the hospital to move forward with a separate Participation Agreement with PERSi NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEWARD, ALASKA, that: Section 1. Amendment No.4 to the city of Seward's PERS Participation Agreement, a copy of which is attached and incorporated herein by reference, is hereby APPROVED. Section 2. This resolution shall take effect immediately upon its adoption. PASSED AND APPROVED by the City Council of the city of Seward, Alaska, this 14th day of December, 1992. THE CITY OF SEWARD, ALASKA {)Q).)C lV-. C~ Dave W. Crane, Mayor . . . CITY OF SEWARD, ALASKA RESOLUTION NO. 92-160 AYES: NOES: ABSENT: ABSTAIN: A ITEST: Bencardino, Crane, Darling, Krasnansky, Sieminski & Swartz None White None APPROVED AS TO FORM: Perkins Coie, Attorneys for the city of Seward, Alaska (City Seal) 7~ )Vi~ Fred B. Arvidson City Attorney . . . STATE OF ALASKA DEPARTMENT OF ADMINISTRATION POUCH CR, JUNEAU, AX 99811 PUBLIC EMPLOYEES' RETIREMENT SYSTEM PARTICIPATION AGREEMENT AMENDMENT NO. 4 The Public Employees' Retirement system Participation Agreement entered into between the state of Alaska (hereafter referred to as the State) and the city of Seward (hereafter referred to as the POlitical Subdivision) on January 1, 1979 and approved by the State on January 4, 1979, is amended by changing subparagraph (2) on page 2 to include the following provision: (2) The Political Subdivision agrees: ( ) To exclude Seward General Hospital Employee members from participation in PERS effective July 1, 1992. (Refer to participation Agreement Amendment No.1 dated 2/5/86). This amendment shall continue in effect for the duration of the original agreement cited above and can only be terminated as provided therein. Darryl Schaefermeyer, city Manager (Date) APPROVED: PERS ADMINISTRATOR (Date)