06/26/2012 Resolutions 2012-170 RESOLUTION 2012-170
WHEREAS, the City of Grand Island currently has a contract with Wells Fargo for
the Police Officers' Retirement System Plan and Trust; and
WHEREAS, The City's retirement plan documents must incorporate recent
Legislative Bill 1082 changes to pension laws and regulations for which plan documents need to be
updated; and
WHEREAS, the City must change retirement plan documents to incorporate
Legislative laws and regulations for which plan documents need to be updated at no additional cost
to the City; and
WHEREAS, the City must adopt and approve Amendment No. 2 for the retirement
plan changes to the Police Officers' Retirement System Plan and Trust; and
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 said Amendment No.2 for the plan changes to the Police Officers' Retirement System Plan
and Trust on behalf of the City of Grand Island.
Adopted by the City Council of the City of Grand Island, Nebraska, June 26, 2012.
44. ._
a 1avric-k, Mayor
Attest:
111 i... a._•. _ a...,,A. . +.
RaNae Edwards, City Clerk
Approved as to Form •alh,a -
June 25,2012 a CI Mrney