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HomeMy WebLinkAbout08-020 - Resolutions RESOLUTION NO. FD 08-020 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE RANCHO CUCAMONGA FIRE PROTECTION DISTRICT, SAN BERNARDINO COUNTY, 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 is required to implement 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 has 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, HEREBY RESOLVES, that the Board delegates to the incumbents in the positions of FINANCE DIRECTOR and SENIOR ACCOUNTANT authority to request on behalf of the Employer disbursements from the Other Post Employment Prefunding Plan and to certify as to the purpose for which the disbursed funds will be used. please see the following page for formal adoption,certification and signatures Resolution No. FD 08-020 Page 2 of 2 PASSED, APPROVED, AND ADOPTED this 12" day of June 2008. AYES: Gutierrez, Michael, Spagnolo, Williams NOES: None ABSENT: Kurth ABSTAINED: None t L. a nis ichael, Vice President ATTEST: 46_WW&V4� Debra J. A@s, Secretary I, DEBRA J. ADAMS, 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 Special Meeting of said Board of Directors held on the 12`" day of June 2008. Executed this 16th day of June 2008, at Rancho Cucamonga, California. AaA, , & Ddbra J. Ada s ecretary