HomeMy WebLinkAboutReso 2000-195 RESOLUTION NO. 2000-195
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA ADOPTING THE AMENDED AND RESTATED
PARS (PUBLIC AGENCY RETIREMENT SYSTEM) TRUST
AGREEMENT; APPOINTING THE CITY MANAGER OR HIS
SUCCESSOR OR DESIGNEE AS THE PLAN ADMINISTRATOR;
AUTHORIZING THE PLAN ADMINISTRATOR TO EXECUTE
THE ADOPTION OF THE PARS TRUST AGREEMENT; AND,
AUTHORIZING THE PLAN ADMINISTRATOR TO TAKE
WHATEVER ADDITIONAL ADMINISTRATIVE ACTIONS ARE
NECESSARY TO MAINTAIN PARTICIPATION IN PARS
Whereas, the City is a member of the Public Agency Retirement System (PARS) for the
purpose of providing tax qualified retirement benefits; and
Whereas, the City provides a Qualifying Retirement System for its part-time, temporary, and
seasonal employees, thereby meeting the requirements of Section 11332 of the Omnibus Budget
Reconciliation Act (OBRA 90) and Section 3121 (b)(7)(F) and 401 (a), and meets the meaning of the
term "retirement system" as given by Section 218(b)(4) of the Federal Social Security Act; and
Whereas, the City is a member of the PARS Trust.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista
does hereby:
1. Adopt the Amended and Restated PARS Trust Agreement, effective June 20, 2000;
and
2. Appoints the City Manager, or his/her successor or his/her designee as the City's
Plan Administrator for the Public Agency Retirement System; and
3. Authorizes the City's Plan Administrator to execute the PARS legal documents on
behalf of the City and to take whatever additional actions are necessary to maintain
the City's participation in PARS and to maintain PARS compliance of any relevant
regulation issued or as may be issued; therefore authorizing him/her to take whatever
additional actions are required to administer the City's PARS plan.
Presented by Approved as to form by
Candy Em~}r~n
;1o M. Kaheny Q_J
Human Resources Director d/J°C~tyAbttorney
Resolution 2000-195 A
Page 2 h
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista,
California, this 20th day of June, 2000, by the following vote:
AYES: Councilmembers: Davis, Padilla, and Salas
NAY S: Councilmembers: None
ABSENT: Councilmembers: Moot and Horton
St~phltn P2tt~la, Presiding Co~hmember'
ATTEST:
7~55ix,/, u~ , ~,,. )
susan Bigelow, City Cler~
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO )
CITY OF CHULA VISTA )
I, Susan Bigelow, City Clerk of Chula Vista, Califomia, do hereby certify that the foregoing
Resolution No. 2000-195 was duly passed, approved, and adopted by the City Council at a regular
meeting of the Chula Vista City Council held on the 20th day of June, 2000.
Executed this 20th day of June, 2000.
Susan Bigelow, City Clerk