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Resolution 1305
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Resolution 1305
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Last modified
11/12/2019 7:32:40 AM
Creation date
10/30/2019 2:35:08 PM
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MV City Council
City Council Document Type
Resolutions
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RES- WALIT 1 "'44 W1. <br />1. In. L-ddition to thr ('It-fP-AdUi-xIn-Isti7ator'g U-slary noW <br />in <br />4fe.7t nj- whit -h may horoaftar Wo c- itablishad fynm time ti <br />hi�,. gtar�d salary, Paulay sh"*11 be compensated in an additional <br />w, - - t-, wo- 1 r c d <br />amaunL equal to the empluivi- UA- U4 - <br />by Minnesota Statutza, Section 351.1-7, SubdiVisOns I and 3a, if <br />he ware a mernber of the pubjj& gmplayeps RoUrement Association <br />subJect, howtvae, to the provisions of the following paragraph <br />of this resolution. <br />2. SucY. additional. tomponsAtion shall be paid on? -y if and <br />durinc ime that th@ra im an agreement between City and <br />g the t <br />Pauley wherein it iP- og- -e-I in writing that tTla r <br />- additional <br />tion Is to be P"Mrad And shall be contributed an hehalf <br />of Paulay to a deferred compensati n Itran Vhich mawto the <br />of seu'Aon 457 Qf thq Internal Revunue Codu of 1954, <br />as wen4od through December 31, 1960. <br />34- -, Tim, 101yor j Reti--niq f- - and ' I tJS T - <br />hAl f 'Llf the Ci'.*. i_ <br />hereby Authorized and directed to ent— into an aqrsenient of a <br />type described in the forpoing p4ragraph NO, 2 with VAuI8Y- <br />traitor jmd other appropriate officials of the City are MWWk5*d _7 <br />-tb j- -jet-1-a" -n-va"sax y --tor 4iNe -of f*rt -to t h* PVGV UiAft <br />JI - <br />V <br />-such--&yx*&n*nt,- <br />-U" .220—Aft 4 -AH <br />A <br />
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