HomeMy WebLinkAbout6874 - ADMIN Resolution - City Council - 1981/06/15RESOLUTION NO. 6874
RESOLUTION AUTHORIZING IMPLEMENTATION OF
STATE OF MINNESOTA DEFERRED COMPENSATION PLAN
WHEREAS, the City Council of the City of St. Louis Park, Minne-
sota, has previously authorized the City" to provide post-retirement
benefits to its employees by entering into plans of deferred compen-
sation, and
WHEREAS, the State of Minnesota makes available to all employees
of political subdivisions of the State of Minnesota the opportunity to
participate in the State's Deferred Compensation Program, and
WHEREAS, certain employees of the City of St. Louis Park have
expressed an interest in participating in the State Deferred Compen-
sation Plan,
NOW, THEREFORE, be it resolved by the City Council of St. Louis
Park, Minnesota, that:
1. The Mayor and City Manager are hereby authorized to execute
the necessary documents providing for participation of eligible employees
in the State of Minnesota Deferred Compensation Plan.
2. Such plan shall be administered in a non-discriminatory manner
to all eligible -Council members, officers and employees of the City.
Adopted by the City Council June 15, 1981
Attest:
Reviewed for Administration: Approved as to form and legality:
City Attorney