HomeMy WebLinkAboutResolution 91 - 07 Salary Reduction PlanRESOLUTION 91.7
City of Rexburg Salary Reduction Plan
RESOLVED, that the City adopt all of the amendments to the
existing retirement Plan proposed at this meeting by adopting City
of Rexburg Salary Reduction Plan as a restated Plan. To effect
the amendment of the Plan, the Mayor of this City be, and he is
authorized and directed to execute and deliver that certain
employee retirement Plan designated as City of Rexburg Salary
Reduction Plan, the Plan as restated to be effective for the plan
year commencing on the 1st day of January, 1987, except as other
wise provided in the Plan. The clerk will retain one copy of the
Plan as stated prior to the amendments adopted at this meeting as
part of the permanent record of the City and the clerk will remove
from circulation all other copies of the Plan as stated prior to
such amendments.
RESOLVED FURTHER, that the Personnel Committee be
appointed as members of the Advisory Committee of the Plan each to
serve until appointment of a successor and that City of Rexburg
represented by Richard Horner be appointed and confirmed as the
Plan Administrator and that West One Bank, Idaho, N.A. be
appointed and confirmed as trustee of the trust created under
under the Plan.
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Mayor, i e L. Boyle
ATTEST:
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Rose Bagley, Ci- Cler '/