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599 <br /> December 19,1979 <br /> RESOLUTION-(CB 7912-546) <br />• <br /> Moved by <br /> Councilman <br /> Gipson,se ondad by Councilman Baker, o adopt <br /> Resolution No. <br /> 1A RESOLUTION v <br /> h Compensation <br /> rthe voluntarypa n of all <br /> eligible City employees,elected officials,and <br /> independent contractors. <br /> • <br /> WHEREAS, <br /> Everett <br /> $ racmnefn Plan to be made available to all eligible City <br /> employees, <br /> ptheeelected <br /> officials, <br /> stnewlvla Fedalegislation misuch <br /> officials, plans; <br /> and <br /> • <br /> substantial <br /> tax benefits could ma <br /> employ- <br /> ees, <br /> al npractr p t et g n <br /> Deferredficiie and <br /> such b will <br /> individuals <br /> to drily s di i i curvent income <br /> futureto meet their a abe <br /> retirembnt andSocial Security app cle)at <br /> no cost to <br /> the Cr y, <br /> there CITY OF <br /> { that � yFORE,BE Tadopted and RESOLVED yestablished THE CITY aE Deferred T <br /> its t options,for vpation ofha eligible dnvCityemployee s,elected officials,anindependent <br /> contractors. ED that the yor,or designee, 's hereby <br /> BE authori2edFURTHERt theCvt individual participation <br /> agreemithdeachtsaidoe ndividualyrequesting and d t <br /> act as,the with <br /> representing the to <br /> the <br /> ais greements andcontractsto been implement <br /> for executeother <br /> understood <br /> a dedisbursing the <br /> individual than <br /> deferrals other minor administrative matters. <br /> Boll was called with all Councilmen voting yes. /- <br /> Motion Carried <br /> COUNCIL <br /> COUNCIL BTLL No.7912-516 <br /> FINAL NEAN DORDINANCE adopting the budget for the City of <br /> Everett for the year 1980. <br /> Bill Cushman,Finance reportd that 545,,000 had been added <br /> ch was heopayment in lieu of a that had been • <br /> o Fu left vo a budget w ,i599 had,been <br /> accidently <br /> negotiations have n <br /> been c F stand benefits a beer, <br /> ertsprea <br /> to various departments. Under <br /> this had been left o also. <br /> unge.601,$5,000 h dabeen ti <br /> This changed the total budget t0 332,901,900. <br />