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1997/02/26 Council Minutes
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1997/02/26 Council Minutes
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Council Minutes
Date
2/26/1997
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• <br /> Pe., i997 <br /> WHPREAS,Compensation�:: of Eve.heretoforemta,i�a Deferred <br /> ityofE..,��toa.dtsePlmmmnf .iy <br /> changes <br /> WHEREAS, <br /> be 9by emr,9,.9n,b,..1ip 99dbPromo <br /> AM of�p lyyd comm.. <br /> y requiring.E established m ndyneb m. <br /> a.ha by <br /> ow employ.be amended to provide.all asses of we oivn he <br /> held in.st,or snider nee or more appropriate amity connects or mmottlm <br /> for the.hane hens of plan participants em their benueim. <br /> wmatms,tee establish.am.compensation <br /> for anch <br /> Everett by web.umm pmeeyni. <br /> retirement scarily fOr m mpmy.,y erome mac...icy io its <br /> personnel management .as by mining in...action am retention of <br /> Beam pa we City of Everett has amerism ihn the corm.a of We <br /> ICMA xnmm.Corporation aefasa compensation Om sin sue We <br /> objectives:am <br /> WHEREAS,amendments to Me Internal Hever.Code bare been enacted dna <br /> reg.changes .mum.of and allow enbamements of the benetim of. <br /> defer.compensation plan: <br /> NOW.THEREFORE.BE IT RESOLVED,Oat.effective <br /> except as otherwise provided.tire City Councilatir City of lama, <br /> veehy <br /> I.amends wnCanipmateuo6 Plm�na TPa IChu Re <br /> ue memorc Corporation <br /> Deferred <br /> BE <br /> s man ma.he <br /> tmar <br /> with Secy of Eve.serving <br /> M., the to ealmiv he of plan <br /> panici.n and urn hcmfciarie,end me assets Shen mi he diverted a am <br /> mwenNP of wn..hew in She <br /> ICMA.imment Trust Mall ndiomissivefoe ur linen omissive hmefa of Am <br /> Flan panicipann and'ben beneficiaries;116 <br /> is _. ... .�__..,..sY <br />
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