1121L
RESOLUTION NO.1121
A RESOLUTION TO ESTABLISH A FUND TO BE
ENTITLED "DEFERRRED COMPENSATION".
WHEREAS,the City of Moses Lake has entered into a Deferred
Compensation Plan for its employees pursuant to RCW 41.04.250,
and
WHEREAS,RCW 41.04.260 requires a fund into which Deferred
Compensation will be held until payments are made to the
employees,and
WHEREAS,at the time payment is made to employee it will be
reported as regular income,
NOW,THEREFORE,BE IT RESOLVED that a Fidicuary Trust Fund to
be entitled Deferred Compensation"be created. Said fund shall
be numbered 622 and shall be an Expendable Trust Fund.
Adopted by the City Council on July 13, 1982.
ATTEST:
Q)aOJtLJ v^Ch
City Clerk
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