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SUGGESTED RESOLUTION FOR A LEGISLATIVE BODY RELATING TO A DEFERRED COMPENSATION PLAN RESOLUTION OF ("Employer'). WHEREAS, the Employer has employees rendering valuable services; and WHEREAS, the establishment of a deferred compensation plan for such employees serves the interests of the Employer by enabling it to provide reasonable retirement security for its employees, by providing increased flexibility in its personnel management system, and by assisting in the attraction and retention of competent personnel; and WHEREAS, the Employer has determined that the establishmentof a deferred compensation plan to be administered by the ICMA Retirement Corporation serves the above objectives; and WHEREAS, the Employer desires that the investment of funds held under its deferred compensation plan be administered by the ICMA Retirement Corporation, and that such funds be held by the ICMA Retirement Trust, a trust established by public employers for the collective investment of funds held under their deferred compensa- tion plans and money purchase retirement plans; NOW THEREFORE BE IT RESOLVED that the Employer, unless it has already done so, hereby adopts the deferred compensation plan attached hereto as: (check one only if Employer is hereby adopting a plan) (1) Appendix A (' j or (2) The plan provided by the [ j Employer which is attached hereto and the Trust Agreement with the ICMA Retirement Corporation (Appendix C) and appoints the ICMA Retirement Corporation to serve as Administrator thereunder; and BE IT FURTHER RESOLVED that the Employer hereby executes the Declaration of Trust of the ICMA Retirement Trust, attached hereto as Appendix B. BE IT FURTHER RESOLVED that the (use title of official, not name) shall be the coordinator for this program and shall receive necessary reports, notices, etc. from the ICMA Retire- ment Corporation or the ICMA Retirement Trust, and shall cast, on behalf of the Employer, any required votes under the program. Administrative duties to carry out the plan may be assigned to the appropriate departments. Clerk of the (City, County, etc.) of t • do hereby certify that the foregoing resolution, proposed by (Council Member, Trustee, etc.) of % was duly passed and adopted in the (Council, Board, etc.) of the (City, County, etc.) of at a regular meeting thereof assembled this i day of 19 , by the following vote: AYES: NAYS: ABSENT (SEAL) Page 37 Clerk of the (City, County, etc.)