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HomeMy WebLinkAboutRes 2022-12 RESOLUTION NO. 2022-12 A RESOLUTION OF THE MAYOR AND TOWN COUNCIL OF THE TOWN OF FOUNTAIN HILLS AUTHORIZING THE RENEWAL OF THE TOWN OF FOUNTAIN HILLS' MEMBERSHIP IN THE ARIZONA METROPOLITAN TRUST RECITALS: WHEREAS, the Town of Fountain Hills ("Fountain Hills") is currently a Participating Entity in the Arizona Metropolitan Trust ("the Trust"); and WHEREAS, the Town's current term of membership as a Participating Entity shall expire on June 30, 2022; and WHEREAS, the Trust's Board of Trustees ("the Trust Board") has offered a renewal membership to Fountain Hills commencing July 01, 2022; and WHEREAS, the Town of Fountain Hills wishes to renew its participation in the Trust for a three (3) year Membership Period commencing July 01, 2022 and terminating June 30, 2025; and WHEREAS, renewal of the Town's membership in the Trust will serve the interest of the Town and its employees. ENACTMENTS: NOW, THEREFORE IT IS RESOLVED by the Mayor and Town Council of the Town of Fountain Hills, Arizona that they authorize the renewal of the Town's membership in the Trust for the period commencing July 1, 2022, and terminating June 30, 2025. PASSED AND ADOPTED by the Mayor and Town Council of the Town of Fountain Hills, Arizona this 15th day of March, 2022. FOR THE TOWN OF FOUNTAIN HILLS: ATTESTED TO: CtAA; Zt Ginny ickey, ayor E izabeth . Klein, own Clerk REVIEWED BY: APPROVED AS TO FORM: C2,— .\\AA11.'"`•e. Grady E. Mill , wn Manager on D. Arnson, Pierce Coleman PLLC Town Attorney