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HomeMy WebLinkAbout18-012 - Resolutions - AUTHORIZING CITY MANAGER TO APPOINT RETIREMENT PLAN COMMITTEE RESOLUTION NO. FD 18-012 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE RANCHO CUCAMONGA FIRE PROTECTION DISTRICT, AUTHORIZING THE CITY MANAGER TO APPOINT A RETIREMENT PLAN COMMITTEE AND APPROVE ANY POLICIES AND PROCEDURES RELATED TO THE COMMITTEE WHEREAS, the City of Rancho Cucamonga maintains the Rancho Cucamonga Fire Protection District Retirement Savings Plan (the "Plan") for the benefit of their eligible employees; and WHEREAS, the City Manager of the City of Rancho Cucamonga has the authority to appoint one or more persons as Plan Administrator to control and manage the Plan's operation; and WHEREAS, the City Manager has determined that is in the Fire District's best interests to appoint as Plan Administrator a Retirement Plan Committee (the "Committee") composed of select employees of the Fire District; and WHEREAS, the City Manager wishes to grant authority to the Committee to act on behalf of the Fire District in a settlor capacity by establishing, amending and/or terminating a plan as deemed necessary; and WHEREAS, the City Manager wishes to appoint the Committee and setting out its power, duties, responsibilities, and general governance procedures. NOW, THEREFORE, THE BOARD OF DIRECTORS OF THE RANCHO CUCAMONGA FIRE PROTECTION DISTRICT, HEREBY RESOLVES, that effective July 18, 2018, the City Manager may hereby appoint the Retirement Plan Committee. RESOLVED FURTHER, the City Manager or his/her designee will monitor the Committee's activities to ensure that the Committee is meeting its duties and responsibilities as Plan Administrator. RESOLVED FURTHER, that the Plan Administrator, hereby is authorized and directed, for and on behalf of the Fire District to take such further action and execute such additional documents, and policies and procedures related to the Committee to carry out the foregoing resolutions. Resolution No. FD 18-012 - Page 1 of 2 PASSED, APPROVED AND ADOPTED this 18'h day of July, 2018. 'D-nnis Michael •resi nt ATTEST: it in,1.Cti ,h &I Janice C. Reynolds, CI V 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 18th day of July 2018. AYES: Alexander, Kennedy, Michael, Spagnolo, Williams NOES: None ABSENT: None ABSTAINED: None Executed this 19'h day of July, 2018, at Rancho Cucamonga, California. , y_CG'1ZLt-c-- tlitcC Jpyiice C. Reynolds, Clerk Resolution No. FD 18-012 - Page 2 of 2