HomeMy WebLinkAboutRes 2007-23 L
RESOLUTION NO.2007-23
A RESOLUTION OF THE MAYOR AND COUNCIL OF THE TOWN OF
FOUNTAIN HILLS, ARIZONA, AUTHORIZING THE PRELIMINARY STEPS
TO BE TAKEN TO BECOME A PARTICIPATING EMPLOYER IN THE
ELECTED OFFICIALS' RETIREMENT PLAN ON BEHALF OF THE
ELECTED OFFICIALS OF THE TOWN OF FOUNTAIN HILLS.
WHEREAS, the Elected Officials' Retirement Plan has been created by the State of
Arizona to provide retirement and other benefits for elected officials; and
WHEREAS, pursuant to the terms of said Elected Officials' Retirement Plan, it is
optional for an incorporated city or town to include within said system its elected officials; and
WHEREAS, it is deemed in the best interest of the Town of Fountain Hills to include its'
elected officials under the Arizona Elected Officials' Retirement Plan as prescribed by Title 38,
Chapter 5, Article 3, Arizona Revised Statutes as amended.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE TOWN OF FOUNTAIN HILLS as follows:
SECTION 1. That a preliminary actuarial survey be made to determine the estimated
cost of participation, the benefits to be derived, and such other information as may be deemed
appropriate, the cost of said survey to be paid by the Town of Fountain Hills.
SECTION 2. That the Town Clerk is hereby authorized to provide and turn over such
records as are necessary to make the actuarial survey.
SECTION 3. The Town Clerk shall file a certified copy of this Resolution with the Fund
Manager of the Elected Officials' Retirement Plan.
SECTION 4. That the Mayor, the Town Manager, the Town Attorney and the Town
Clerk are hereby authorized and directed to take all steps necessary to carry out the purpose and
intent of this Resolution.
738742.1
PASSED AND ADOPTED by the Mayor and Council of the Town of Fountain Hills,
Arizona, June 7, 2007.
FOR THE TOWN OF FOUNTAIN HILLS: ATTEST:
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W. J. Ni hols, Mayor :evelyn J. Bend ,To Clerk
REVIEWED BY: APP ' • ED AS TO FORM:
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Timo y G. Pickering, Town Manager Andrew J. McGuire, Town Attorney
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738742.1