HomeMy WebLinkAboutFD 2023-041 - Resolution I,
RESOLUTION NO. FD 2023-041
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
RANCHO CUCAMONGA FIRE PROTECTION DISTRICT,
RANCHO CUCAMONGA, CALIFORNIA, DELEGATING
AUTHORITY TO REQUEST DISBURSEMENTS FROM THE
CALPERS CALIFORNIA EMPLOYERS' RETIREE BENEFIT
TRUST (CERBT) FOR THE RANCHO CUCAMONGA FIRE
PROTECTION DISTRICT'S RETIREE HEALTHCARE PLAN
WHEREAS, the Rancho Cucamonga Fire Protection District implemented Governmental
Accounting Standards Board (GASB) Statement No. 45 for Fiscal Year 2008/09; and
WHEREAS, the District must deposit all or a portion of its Unfunded Actuarial Accrued Liability
(UAAL)into an irrevocable trust in order to reduce or eliminate the UAAL that is required to be disclosed
in the District's audited financial statements beginning in Fiscal Year 2008/09; and
WHEREAS, the District selected the CalPERS California Employers' Retiree Benefit Trust
(CERBT) Program as the trustee for the District's Retiree Healthcare Plan;
NOW, THEREFORE, THE BOARD OF DIRECTORS OF THE RANCHO CUCAMONGA FIRE
PROTECTION DISTRICT, RANCHO CUCAMONGA, CALIFORNIA, HEREBY RESOLVES, as follows:
SECTION 1: The Board delegates to the incumbents in the positions of FINANCE DIRECTOR,
DEPUTY DIRECTOR OF FINANCE, FINANCE MANAGER, PRINCIPAL ACCOUNTANT, and SENIOR
ACCOUNTANT authority to request on behalf of the District disbursements from the Other Post
Employment Prefunding Plan and to certify as to the purpose for which the disbursed funds will be used.
SECTION 2: The Board hereby replaces and supersedes all prior delegations and rescinds
Resolution No. FD 08-020.
Resolution No. FD 2023-041 - Page 1 of 2
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PASSED, APPROVED AND ADOPTED this 20th day of December, 2023.
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n Michael, 0i6s@7
ATTEST:
Reynolds, Secr
I, Janice C. Reynolds , Secretary of the Rancho Cucamonga Fire Protection District, do hereby certify
that the foregoing Resolution was duly passed, approved, and adopted by the Board of Directors of the
Rancho Cucamonga Fire Protection District, at a Regular Meeting of said Board held on the 20th day of
December, 2023.
AYES: Hutchison, Kennedy, Michael, Scott, Stickler
NOES: None
ABSENT: None
ABSTAINED: None
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Executed this 21 st day of December, 2023, at Rancho Cucamonga, California.
14'e C. Reynolds, CI
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Resolution No. FD 2023-041 - Page 2 of 2
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