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<br />I <br /> <br />I <br /> <br />I <br /> <br />TOWN OF TRUCKEE <br />California <br /> <br />RESOLUTION NO. 2009-07 <br /> <br />A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF TRUCKEE FOR THE <br />ADOPTION OF CALIFORNIA PUBLIC EMPLOYEE'S DEFERRED COMPENSATION PLAN <br /> <br />WHEREAS, the Town of Truckee desires to adopt an additional deferred compensation plan for <br />the benefit of its employees; and <br /> <br />'.~ <br /> <br />WHEREAS, the Board of Administration (the "Board") of the California Public Employee's <br />Retirement System ("CaIPERS") has established the California Public Employees Deferred <br />Compensation Plan ("the CalPERS plan") which may be adopted by a governmental employer <br />the employees of which are public employees; and <br /> <br />WHEREAS, the Town believes that the CalPERS Plan and the investment options available <br />thereunder will provide valuable benefits to its employees; and <br /> <br />WHEREAS, the Board has appointed ING LLC, (formerly CitiStreet)("ING") to perform <br />administrative services under the CalPERS plan and to act as the Board's agent in all matters <br />relating to the administration of the CalPERS plan; <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF <br />TRUCKEE, adopts the CalPERS Plan for the penefit of its employees and authorizes and <br />directs the Town Manager to execute the attached adoption on behalf of the Town and to <br />. provide ING with such information and cooperation as may be needed on an ongoing basis in <br />the administration of the CalPERS plan. A copy of this resolution, the agreement, and any <br />attachments thereto shall be on file in the office of the Town Clerk. <br /> <br />BE IT FURTHER RESOLVED, that the Administrative Services Director shall be the coordinator <br />and contact for the Plan and shall receive necessary reports, notices, etc. <br /> <br />****** <br /> <br />The foregoing Resolution was introduced at a Regular Meeting of the Town <br />Council of the Town of Truckee, held on the 5th day of February, 2009 by Council <br />Member Green, who moved its adoption, which motion being duly seconded by Council <br />Member deRyk-Jones, and adopted by the following vote: <br /> <br />AYES: <br /> <br />NOES: <br />ABSENT: <br /> <br />Council Members; Green, deRyk-Jones, Anderson, Vice Mayor Dee and <br />Mayor Brown. <br /> <br />None. <br /> <br />None. <br /> <br />IJA !i!~1L <br />"'- <br />Dr. Mark Brown, Mayor <br /> <br />ATTEST: <br /> <br />