20-9601
RESOLUTION NO. 20-___
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MENIFEE
CHANGING THE DESIGNATED COORDINATOR FOR THE INTERNAL REVENUE CODE §
457(B) PLAN FOR CITY EMPLOYEES AND COUNCIL MEMBERS ADMINISTERED BY THE
INTERNATIONAL CITY/COUNTY MANAGEMENT ASSOCIATION (ICMA)
Account Number 30-6588
WHEREAS, the City of Menifee (“Employer”) has employees and public officials
(collectively "Employees") rendering valuable services; and
WHEREAS, the establishment of a deferred compensation plan for Employees serves
the interests of Employer by enabling it to provide reasonable retirement security for
Employees, to provide increased flexibility in its personnel management system, and to assist in
the attraction and retention of well-qualified personnel; and
WHEREAS, in furtherance of the foregoing, in May of 2009, through the adoption of
Resolution 09-83, the City Council of the City of Menifee established a deferred compensation
plan as allowed under Section 457(b) of the Internal Revenue Code (the “Plan”), and at that
time designated the Director of Finance as the coordinator for that Plan; and
WHEREAS, a current need exists to change the designated coordinator of the Plan from
the Director of Finance to the Deputy City Manager.
NOW THEREFORE BE IT RESOLVED by the City Council of the City of Menifee as
follows:
Section 1. Section 6 of City Council Resolution 09-83 is hereby rescinded and superseded by
this Resolution.
Section 2. The Deputy City Manager shall, from and after the date of this Resolution, be the
coordinator for the Plan;
Section 3. In the capacity of Plan coordinator, the Deputy City Manager shall (i) receive
necessary reports, notices, etc. from the ICMA Retirement Corporation or the Vantage Trust
Company; (ii) cast, on behalf of the Employer, any required votes under the Vantage Trust
Company; (iii) assign any administrative duties necessary to carry out the Plan to the
appropriate departments of Employer, and (iv) authorize and execute all necessary agreements
with ICMA Retirement Corporation incidental to the administration of the Plan.
Section 4. The City Clerk shall certify the adoption of this Resolution.
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PASSED, APPROVED AND ADOPTED this 16th day of September, 2020
_______________________
Bill Zimmerman, Mayor
Attest:
___________________________
Sarah A. Manwaring, City Clerk
Approved as to form:
___________________________
Jeffrey T. Melching, City Attorney
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STATE OF CALIFORNIA )
COUNTY OF RIVERSIDE ) ss
CITY OF MENIFEE )
I, Sarah A. Manwaring, City Clerk of the City of Menifee, do hereby certify that the foregoing
Resolution No. 20- was duly adopted by the City Council of the City of Menifee at a
meeting thereof held on the 16th day of September 2020 by the following vote:
Ayes:
Noes:
Absent:
Abstain:
_______________________________
Sarah A. Manwaring, City Clerk
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August, Deines, Sobek, Liesemeyer, Zimmerman
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