HomeMy WebLinkAboutReso 1998-19288 RESOLUTION NO. 19288
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA
VISTA ADOPTING AN AMENDED AND RESTATED DEFERRED
COMPENSATION PLAN
WHEREAS, the City has offered a Deferred Compensation Plan for City employees
since 1975; and
WHEREAS, since the Plan was adopted, it has been modified several times in order to
conform to changing Internal Revenue regulations; and
WHEREAS, an amended and completely restated Plan is being submitted for approval
in order to not only maintain conformance with Federal Government requirements, but to
facilitate future changes.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista
does hereby adopt an amended and restated Deferred Compensation Plan, a copy of which
is on file in the office of the City Clerk, known as Document Number CO98-240.
BE IT FURTHER RESOLVED that the City Manager is hereby authorized and directed
to execute said Agreement for and on behalf of the City of Chula Vista.
Presented by Approved as to form by
Robert W. Powell ~J~ M. Kaheny ~,~
Finance Director ney
Resolution 19288
Page 2
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista,
California, this 8~h day of December, 1998, by the following vote:
AYES: Councilmembers: Davis, Moot, Padilia, Salas and Horton
NAYS: Councilmembers: None
ABSENT: Councilmembers: None
ABSTAIN: Councilmembers: None
Shirley Ho~n,~ Mayor
ATTEST:
~uthelet, City Clerk
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO )
CITY OF CHULA VISTA )
I, Beverly A. Authelet, City Clerk of Chula Vista, California, do hereby certify that the
foregoing Resolution No. 19288 was duly passed, approved, and adopted by the City Council
at a regular meeting of the Chula Vista City Council held on the 8'h day of December, 1998.
Executed this 8th day of December, 1998.
B~uth~e~t,~