HomeMy WebLinkAbout93-9 - ADMIN Resolution - City Council - 1993/02/16RESOLUTION NO. 93_9
RESOLUTION ADOPTING THE INTERNATIONAL
CITY MANAGEMENT ASSOCIATION RETIREMENT
CORPORATION (ICMA RC) ADMINISTRATIVE
SERVICES AGREEMENT
Whereas, the City has been a member of the ICMA RC since 1974 with the
purpose of providing City employees a deferred compensation program and,
Whereas, the deferred compensation program has been guided by a "Trust
agreement" and,
WHEREAS, the ICMA RC has expanded and added many administrative services
since inception and,
WHEREAS, an Administrative Services Agreement, as proposed, more fully
details the services provided and the fees to be paid for those services,
NOW THEREFORE, BE IT RESOLVED, by the City Council that the ICMA RC Trust
Agreement be replaced by an Administrative Services Agreement as presented by
the ICMA RC and that the Mayor be authorized to execute the Administrative
Services Agreement.
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Adopted bf th; City n 1 February 16, 1993
Reviewesi for Administ pion:
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City Manager
Approved as to form ex -:s.. ion:
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City Attorney