2018o
RESOLUTION NO.2018
ATTACHMENT D:SUGGESTED RESOLUTION A
FOR A LEGISLATIVE BODY RELATING TO AMENDING A DEFERRED COMPENSATION PLAN
Name of Employer:City of Moses Lake State:Washington |3IOl2l3l7lO
Employer Plan Number
Resolution of the above named Employer ("Employer")
WHEREAS,the Employerhas employees rendering valuable services; and
WHEREAS,the Employerhas established a deferred compensation plan for such employees that serves the interest
of the Employerby enabling it to provide reasonable retirement security for itsemployees, by providing increased
flexibility in its personnel management system, and by assisting in the attraction and retention of competent
personnel;and
WHEREAS,the Employer has determined that the continuance of the deferred compensation plan will serve these
objectives; and
WHEREAS,amendments to the Internal Revenue Code have been enacted that require changes to the structure of
and allow enhancements of the benefits of the deferred compensation plan:
NOW THEREFORE BE IT RESOLVED that the Employer hereby amends and restates the deferred compensation
plan (the "Plan") in the form of: (Select one)
0 The ICMA Retirement Corporation Deferred Compensation Plan and Trust
3 •The Plan and Trust provided by the Employer(executed copy attached hereto).
.22§BE IT FURTHER RESOLVED that the assets of the Plan shall be held in trust, with the Employer serving as trustee,
c for the exclusive benefit of the Plan participants and their beneficiaries, and the assets shall not be diverted to any
8 other purpose.The Trustee's beneficial ownership of Plan assets held in the ICMA Retirement Trust shall be held for
aa the further exclusive benefit of the Plan participants and their beneficiaries;
J BE IT FURTHER RESOLVED that the Plan:(Select one)
J\J H Wi|l permit loans
o*t •Will not permit loans
8.
fl>
O)
8.
BE IT FURTHER RESOLVED that the Employer herebyagreesto serveas trustee under the Plan.
I,Walter Fry ,Clerk of the (City,County,etc.)of the City of Moses Lake ,do hereby
certify that the foregoing resolution,proposed by (Council Member,Trustee,etc.)lounci /was duly
passed and adopted in the (Council,Board,etc.)of the (City,County,etc.)of Moses Lake at a regular meeting thereof
assembled this lltn day of February 1997 .by the following vote:
AYES:^^TX^_^^^^l__
nays:r7 wIyne rwle^Jayor^ro TEM
ABSENT:''**'^—^
(Seal)
Clerk of the (City,Courfty,etc.)Cit^of Moses Lake
Mail in the enclosed postage-paid envelope or to:
>s_•ICMA Retirement Corporation • Attention: Implementation Analyst
777 North Capitol Street NE •Washington,DC 20002-4240