10/25/2011 Resolutions 2011-316RESOLUTION 2011-316
WHEREAS, the City of Grand Island currently has a contract with Wells Fargo for
the Police Officers' Retirement System Plan and Trust.
WHEREAS, The City's retirement plan documents must incorporate recent changes
to pension laws and regulations for which plan documents need to be updated.
WHEREAS, the City must change retirement plan documents to incorporate laws and
regulations for which plan documents need to be updated at no additional cost to the City.
NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF
THE CITY OF GRAND ISLAND, NEBRASKA, that the Mayor is hereby authorized and directed to
execute an agreement for such services on behalf of the City of Grand Island. City Administration
recommends that the Council approve Amendment 1 to the Police Officers Retirement System Plan
and Trust with Wells Fargo.
Adopted by the City Council of the City of Grand Island, Nebraska, October 25, 2011.
Jay Vavricek, Mayor
Attest:
RaNae Edwards, City Clerk
Resolution �2011-316 was referred to the November 8, 2011 City Council meeting.
Approved as to Form
October 26, 2011. � Cit omey