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2020-06-02 Regular
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2020-06-02 Regular
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7/20/2020 1:43:17 PM
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City Clerk
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Minutes
Agency
City Manager's Office
Date
6/2/2020
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<br /> <br /> ABSTAIN: None (0) <br /> <br /> ABSENT: None (0) <br /> <br /> <br /> <br />RESOLUTIONS - CONSENT <br /> <br />55A. ADOPT A RESOLUTION AND APPROVE AN AGREEMENT WITH PUBLIC <br />AGENCY RETIREMENT FOR ADMINISTRATIVE, RECORDKEEPING AND <br />COMMUNICATION SERVICES PERTAINING TO THE 3121 (SOCIAL <br />SECURITY ALTERNATIVE) PART TIME- SEASONAL DEFERRED <br />COMPENSATION PLAN (NON-GENERAL FUND) - Finance and Management <br />Services Agency <br /> <br />1. Adopt a resolution. RESOLUTION NO. 2020-XXX - A <br />RESOLUTION OF THE CITY COUNCIL OF THE <br />CITY OF SANTA ANA AUTHORIZING THE <br />RESTATEMENT OF ITS EXISTING CITY OF <br />SANTA ANA 3121 PART-TIME SOCIAL <br />SECURITY RETIREMENT PLAN FOR <br />ADMINISTRATIVE AND INVESTMENT SERVICES <br />WITH PARS AS TRUST ADMINISTRATOR OF THE <br />PLAN AND UNION BANK AS TRUSTEE OF THE <br />PLAN <br />2. Authorize the City Manager to execute an agreement <br />with Public Agency Retirement Services (PARS) for a <br />period of five years beginning July 1, 2020 and <br />expiring on June 30, 2025 with provisions for two one- <br />year extensions for the period July 1, 2025 and <br />expiring on June 30, 2027, subject to non-substantive <br />changes approved by the City Manager and City <br />Attorney (Agreement No. A-2020-XXX). <br /> <br />Motion to Approve 1. Adopt RESOLUTION NO. 2020-044 ENTITLED: A <br />RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA <br />AUTHORIZING THE RESTATEMENT OF ITS EXISTING CITY OF SANTA ANA <br />3121 PART-TIME SOCIAL SECURITY RETIREMENT PLAN FOR ADMINISTRATIVE <br />AND INVESTMENT SERVICES WITH PARS AS TRUST ADMINISTRATOR OF THE <br />PLAN AND UNION BANK AS TRUSTEE OF THE PLAN <br /> <br />2. Authorize the City Manager to execute an agreement with Public Agency Retirement <br />Services (PARS) for a period of five years beginning July 1, 2020 and expiring on June <br />30, 2025 with provisions for two one-year extensions for the period July 1, 2025 and <br />expiring on June 30, 2027, subject to non-substantive changes approved by the City <br />CITY COUNCIL MINUTES 10 JUNE 2, 2020 <br /> <br />
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