03/22/2016 Resolutions 2016-72RESOLUTION 2016-72
WH�REAS, She City of Grand Island approved a conhact for Administrative Service
foc Retirement Ylaus for the Police aud Fire Ptans with Union Bank and Trust Company; and
WHEREAS, t6� plan under IRS guide(ines is a"qualified pian"; and
WHEREAS, to maintain the plan as "qualified" certain polices need to be in place;
�
WHEREAS, the Lost Participant Policy and Automatic Rollover IRA Provider
Agreement with Union Bank and Trust Company will put these policies in place.
NOW, TIiEREFORE, SE IT RGSOLVED BY THE M.AYOR AND COUNCIL OF
THE CITY OF QRAND ISLAND, NEBRASKA, to approve the Lost Participant Policy and
Automatic Rollover IRA provider Agreement wiffi Union Bank and Trust Company for the Police
Pension Plan
Adopted by the City Council of the Ciry of Grand Island, Nebraska, Mazch 22, 2016.
Attest:
���. F�w�,
RaNae Edwurds, Ciry Clerk
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Jere�y�j.. Jehsen yoi
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Appmvea as to Fortn �
MaroM1 21. 2016 Ay orney