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HomeMy WebLinkAboutResolution 24-165CITY OF LINO LAKES RESOLUTION NO. 24-165 RESOLUTION AUTHORIZING THE ALLOCATION OF FIRE STATE AID FOR THE STATEWIDE VOLUNTEER FIREFIGHTER (SVF) PLAN WHEREAS, The City of Lino Lakes previously authorized the fire department to join the Voluntary Statewide Volunteer Firefighter Retirement Plan administered by the Public Employees Retirement Association (PERA); and WHEREAS, The City of Lino Lakes' Statewide Volunteer Firefighter (SVF) Plan meets the requirements of a combined fire department as defined in Minn. Stat. 477B.041. WHEREAS, The City of Lino Lakes highly values the contributions of City Fire Department members to the safety and well-being of our community and wishes to safeguard their pension investments in a prudent manner. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lino Lakes, Minnesota: 1. The City hereby approves the terms of the aid allocation plan; and 2. The City Clerk and Mayor are hereby authorized to execute all documents necessary to effectuate the intent of this resolution. Adopted by the City Council of the City of Lino Lakes this 91h day of December, 2024. l ob afferty, Mayor ATTEST: Roberta Colotti, CIVIC, City Clerk