HomeMy WebLinkAboutRESOLUTIONS-2001-036-R-01•
and
05/10/2001
36-R-01
A RESOLUTION
Authorizing the City Manager to Sign
An Agreement with ICMA for Participation in
VantageCare Retiree Health Savings Plan for the
Evanston Police Sergeants Association
WHEREAS, the City of Evanston has employees rendering valuable services;
WHEREAS, the establishment of a retiree health savings plan for the Evanston
Police Sergeants Association serves the interests of the City by enabling it to provide
reasonable security regarding such employees' health needs during retirement, by
• providing increased flexibility in its personnel management system, and by assisting in
the attraction and retention of competent personnel; and
WHEREAS, the City has determined that the establishment of a retiree health
savings plan to be administered by the ICMA Retirement Corporation and/or its affiliates
serves the above objectives; and
WHEREAS, the City desires that its retiree health savings plan (the "Plan") be
administered by the ICMA Retirement Corporation and/or its affiliates;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF EVANSTON, COOK COUNTY, ILLINOIS:
SECTION 1: That the City hereby adopts the Plan in the form of the ICMA
Retirement Corporation's VantageCare Retiree Health Savings Plan.
36-R-01
SECTION 2: That the assets of the Plan shall be held in trust, with the City •
serving as trustee, for the exclusive benefit of Plan participants and their beneficiaries,
and the assets of the Plan shall not be diverted to any other purpose.
SECTION 3: That the Finance Director shall be the coordinator and contact for
the Plan and shall receive necessary reports, notices, etc.
SECTION 4: That the City Manager is hereby authorized and directed to
negotiate any additional conditions of the Agreement as may be determined to be in the
best interests of the City.
SECTION 5: That this Resolution shall be in full force and effect from and after
its passage and approval in the manner provided by law.
ATTEST:
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Clerk J'
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Adopted: 4"tke2001
Mayor Pro Tem
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