CC RESOLUTION 4938RESOLUTION NO. 4938
A RESOLUTION AUTHORIZING AMENDMENT AND
RESTATEMENT OF THE CITY OF EL SEGUNDO PUBLIC
AGENCY RETIREMENT SYSTEM RETIREMENT
ENHANCEMENT PLAN
The City Council of the City of El Segundo does resolve as follows:
Section 1: That effective November 3, 2015, the City of El Segundo (the "City') hereby
adopts the amendment and restatement of the City of El Segundo Public Agency Retirement
System Retirement Enhancement Plan (the "Plan") as set forth in that certain instrument
entitled "City of El Segundo Public Agency Retirement System Retirement Enhancement Plan
(As Amended and Restated Effective October 31, 2015)" (the "Amendment and
Restatement'); and
Section 2: That the proper officials of the City are hereby authorized and directed to (i)
execute the Amendment and Restatement, (ii) do all things as may be necessary or appropriate
to make the Amendment and Restatement effective, (iii) execute any amendments as may be
required by the Internal Revenue Service in order to obtain a favorable determination that the
Amendment and Restatement does not adversely affect the qualified and exempt status of the
Plan and its related trust under Sections 401(a) and 501(a) of the Internal Revenue Code of
1986, as amended, and (iv) to otherwise carry out the intents and purposes of these
resolutions.
Section 3: The City Clerk is directed to certify the Passage and Adoption of this
Resolution, enter same in the Book of Original Resolutions, and make a Minute of its
adoption in the City's records and in the Minutes of the meeting when it was adopted.
Section 4: The Resolution will become effective immediately upon adoption, and will
remain effective unless repealed or superseded.
PASSED AND ADOPTED this 3`d day of Novemk�er , 2015.
Suzanne Fuentes,
Mayor
CERTIFICATION
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) SS
CITY OF EL SEGUNDO )
I, Tracy Weaver, City Clerk of the City of El Segundo, California, do hereby certify that the
whole number of members of the City Council of said City is five; that the foregoing
Resolution No. 4938 was duly passed and adopted by said City Council, approved and signed
by the Mayor, and attested to by the City Clerk, all at a regular meeting of said Council held
on the 3rd day of November, 2015, and the same was so passed and adopted by the following
vote:
AYES: Mayor Fuentes, Mayor Pro Tern Jacobson, Council Member Atkinson,
Council Member Fellhauer, and Council Member Dugan
NOES: None
ABSENT: None
ABSTAIN: None
NOT PARTICIPATING: None
WITNESS MY HAND THE OFFICIAL SEAL OF SAID CITY this 3RD day of
NOVEMBER, 2015.
A'"
Trac W�c av . r, City Clerk mm
Y
of the City of El Segundo,
California
(SEAL)
APPROVED AS TO FORM:
�I
Mark D. P-lensicy, °i Attorney