HomeMy WebLinkAbout62-51 - Retirement Plan - Approval of Trust AgreementRESOLUTION N0. 62-51
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COSTA MESA,
CALIFORNIA, APPROVING THE TRUST AGREEMENT SUPPIDENTAL TO
THE CITY OF COSTA MESA RETIREMENT PLAN AND AUTHORIZING THE
MAYOR AND CITY CLERK TO SIGN ON BEHALF OF THE CITY.
The City Council of the City of Costa Mesa does hereby resolve and
determine as follows:
SECTION 1. That certain Trust Agreement contained as a supplement to
the City of Costa Mesa Retirement Plan on file in the office of the City Clerk
is hereby approved and adopted.
SECTION 2. The City Manager is hereby authorized to accept proposals
from banking institutions for the purpose of acting as Trustee of said trust
and to present said proposals to the City Council for its approval.
SECTION 3. MAt dpon`the appointment of the Trustee of said Trust, by
this City Council, the Mayor and City Clerk shall execute said Trust Agree-
ment with the said Trustee.
PASSED AND ADOP'T'ED this 2nd day of Apr 1962.
&J
Ma o : r y of Costa Mesa
ATTEST:
000
City Clerk of the City of(Fosta Mesa
STATE OF CALIFORNIA )
COUNTY OF ORANGE } SS.
CITY OF COSTA MESA }
I, A. C. SWARTZ, City Clerk of the City of Costa Mesa and ex -officio
Clerk of the City Council of the City of Costa Mesa, hereby certify that the
above and foregoing Resolution No. 62-51 was duly and regularly passed and
adopted by the City Council of the City of Costa Mesa at a regular meeting
thereof held on the 2nd day of April, 1962.
IN WITNESS WHEREOF I have hereunto set my hand and affixed the Seal
of the City of Costa Mesa, this 3rd day of April, 1962.
i 40 e. -.a--
City Clerk and ex-offici Jerk of the
City Council of the City of Costa Mesa
Chief Deputy