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HomeMy WebLinkAbout1983-419 t(c~ :-::i"V' '~I'i:.' ~L'T~::'c;, ;.. , ....,., -J",.',' C~i_~. " .",_C., -'~'5:"JiO;; . -.....";,.- ;~~-J'?.;>.' .. ',' , 'r ..,,~~~ ,.,-,*-.- '~"'Y'. I RESOLUTION NO. 83-419 2 RESOLUTION OF THE CITY OF SAN BERNARDINO REQUESTING AND AUTHORIZING NATIONAL PLAN COORDINATORS, INC., TO TURN OVER ALL 3 RECORDS AND FINAL ACCOUNTS TO NEW ADMINISTRATOR OF DEFERRED COMPENSATION PLAN. 4 5 BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO AS FOLLOWS: 6 7 SECTION 1. Findings. The Mayor and Common Council find: (al City formerly had an agreement with National Plan 8 9 Coordinators, Inc., whereunder National Plan Coordinators, Inc., 10 provided various services to City in administration and handling 11 of City's Deferred Compensation Plan. 12 (b) National Plan Coordinators, Inc., and City each 13 have acknowledged that the agreement has been terminated, and that 14 National Plan COdrdinators, Inc., has ceased performing services 15 for the City sometime during the year 1983. 16 (cl City has entered into an agreement with Great 17 Western Savings, a federal savings and loan association, to assume 18 responsibilities of administrator for a deferred compensation plan 19 for the City of San Bernardino, and Great Western Savings has 20 assumed responsibilities thereunder. 21 SECTION 2. Implementation. 22 (al National Plan Coordinators, Inc., is hereby 23 requested and authorized to turn over to Great Western Savings, 24 Post Office Box 1085, Northridge, California 91328, Attention: 25 Municipal Programs, all records and final accounts of City's 26 Deferred Compensation Plan presently held by National Plan 27 Coordinators, Inc., including the final account valuation which is 28 being transferred to Great Western Savings. ~..- '~,,' - 20 21 22 23 24 25 26 27 28 ...., ,:"'. ~ , . -,-",'.<:--- ......',-,--. "', .. " 1 (b) The City Attorney is hereby authorized and directed 2 to make such arrangements with National Plan Coordinators, Inc., 3 as may be necessary and appropriate to wind up the relationship 4 between the City of San Bernardino and National Plan Coordinators, 5 Inc. 6 I HEREBY CERTIFY that the foregoing resolution was duly 7 adopted by the Mayor and Common Council of the City of San 8 Bernardino at a regular meeting thereof, held on 9 the 5th day of December , 1983, by the following vote, 10 to wit: 11 AYES: Council Members Castaneda. Reillv. Hernandez. 12 Marks. Ouiel. Frazier. Strickler 13 NAYS: None 14 ABSENT: None 15 16 ~a'bLf?t6/A /' City Clerk 17 The foregoing resolution is hereby day ~fi. 18 of December , 1983. 19 Approved as to form: /?~..&- ~~,~. City A torney 2