HomeMy WebLinkAbout1990-368
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RESOLUTION NO. 90-368
2 RESOLUTION OF THE CITY OF SAN BERNARDINO AMENDING
RESOLUTION NO. 86-462 ENTITLED IN PART "RESOLUTION. . .WITH GREAT
3 WESTERN SAVINGS FOR SERVICES AS ADMINISTRATOR OF THE CITY'S
DEFERRED COMPENSATION PLAN"; TO ADD ADDENDUM TO AGREEMENT WHICH
4 APPROVES TWENTIETH CENTURY INVESTORS AS AN ADDITIONAL FUNDING
VEHICLE.
5
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COMMON
6 COUNCIL OF THE CITY OF SAN BERNARDINO AS FOLLOWS:
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SECTION 1.
The Mayor of the City of San Bernardino is
8 hereby authorized and directed to execute on behalf of said City
9 an Amendment to Agreement with Great Western Bank for services as
10 administrator of the City's Deferred Compensation Plan, by adding
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11 addendum dated January 1, 1990. The addendum provides for adding
13 copy of the addendum is attached hereto, marked Exhibit" A" and
investment vehicles pursuant to Section 6 of said agreement.
A
14 incorporated herein as fully as though set forth at length.
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SECTION 2.
The authorization to execute the above-
16 referenced agreement is rescinded if the parties to the agreement
17 fail to execute it within sixty (60) days of the passage of this
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18 resolution.
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DAB/ses/Vehicle.res 1
August 21, 1990
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1 RESOLUTION. .AMENDING RESOLUTION NO. 86-462. . TO ADD
ADDENDUM TO AGREEMENT WHICH APPROVES TWENTIETH CENTURY INVESTORS
2 AS AN ADDITIONAL FUNDING VEHICLE.
3
I HEREBY CERTIFY that the foregoing resolution was duly
4 adopted by the Mayor and Common Council of the City of San
5
Bernardino at a regular
5th
meeting thereof, held on the
6 day of September ,1990, by the following vote, to wit:
7
Council Members:
AYES
NAYS
ABSTAIN
8 ESTRADA
9
x
REILLY
FLORES
x
MAUDSLEY
x
MINOR
x
POPE-LUDLAM
x
MILLER
x
C~?-C/lLL
City Clerk
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The foregoing resolution is hereby approved ~$
t,111.~ day
of
, 1990.
September
/'
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~./
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21 Approved as to
form and legal content:
JAMES F. PENMAN,
23 City Attorney
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By: t--. 1. fe'V",~
(/ ,
DAB/ses/Vehicle.res
August 21, 1990
2
:
ADDENDUM TO DEFERRED COMPENSATION PLAN AGREEMENT
BETWEEN CITY OF SAN BERNARDINO
AND
GREAT WESTERN BANK
DATED JANUARY 1, 1987
Pursuant to Section 6 of this Agreement, additional investment vehicle(s) available under this
Agreement are the following:
TWENTIETH CENTURY INVESTORS. INC
SELECT FUND
GROWTH FUND
UL TRA FUND
BALANCED FUND
In Witness Whereof, the parties have executed this amendment effective on the date first
above written
GREAT WESTERN BANK
AGENCY
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Q. J UVr
BY:
DA TE SIGNED:
9-~ - 90
DATE SIGNED: ~ S-]c."
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ADDENDUM TO DEFERRED COMPENSATION PLAN AGREEMENT
BETWEEN CITY OF SAN BERNARDINO
AND
GREAT WESTERN BANK
DATED JANUARY 1, 1987
Pursuant to Sectlo. 6 of this Agreement, additional Investment vehlcle(s) available under this
Agreement are the following:
TWENTIETH CENTURY INVESTORS. INC
SELECT FUND
GROWTH FUND
ULTRA FUND
BALANCED FUND
In Witness Whereof, the parties have executed this amendment effective on the date first
above written
AGENCY
GREAT WESTERN BANK
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BY:
BY:
DATE SIGNED:
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