HomeMy WebLinkAboutResolution No. 6334•
RESOLUTION NO. 6334
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A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF AZUSA APPROVING A DEFERRED COMPENSATION
PLAN AND AUTHORIZING ITS IMPLEMENTATION.
The City Council of the City of Azusa does resolve
as follows:
SECTION 1. That the City of Azusa Deferred Compensation
plan presented herewith, be and the same hereby is approved
and adopted, and the Mayor be and he hereby is authorized and
directed to sign the said document on behalf of the City.
SECTION 2. That the said Plan shall be operative
immediately, upon implementation as provided therein provided
however, it shall only apply to the compensation earned by a
participating employee after the date such employee files a
Participation Agreement with the City.
SECTION 3. That the City Administrator is authorized
and directed to appoint at least three (3) City employees to
implement and manage the said Plan in the manner therein provided.
SECTION 4. The City Clerk shall certify to the
adoption of this resolution.
Adopted and approved this 15th day of September, 1975.
Itj 4- ' '61.
Mayor
I hereby certify that the foregoing resolution was
duly adopted by the City Council of the City of Azusa at a regular
meething thereof held on the 15th day of September, 1975, by the
following vote of the Council:
AYES: Councilmen: Rubio, Solem, Cruz, Arkison, Decker
NOES: Councilmen: None
ABSENT: Councilmen: None
City Clerk