CC RESOLUTION 2796U
entitled:
RESOLUTION NO. 2796
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF EL SEGUNDO, CALIFORNIA, AUTHORI-
ZING AND DIRECTING THE CITY ATTORNEY TO
SEEK A RULING-FROM THE INTERNAL REVENUE
SERVICE AND AUTHORIZE THE MAYOR TO EXE-
CUTE AN APPROPRIATE POWER OF ATTORNEY.
WHEREAS, the City Council has adopted Resolution No. 2792 ,
.A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF EL SEGUNDO, CALIFORNIA, AMEND-
ING SECTIONS 1A3. 010 AND 1A3.075 OF; AND ADD-
ING SECTION 1A3.102 TO, CHAPTER IA3 (GEN-
ERAL GOVERNMENT SERIES); RESCINDING SEC -
'PION 1A6. 110 OF CHAPTER 1A6 (GENERAL RULES);
AND ADDING CHAPTER 1A7 (DEFERRED COMPENSA-
TION) TO TITLE 1A OF THE EL SEGUNDO ADMINIS-
TRATIVE CODE.,
V-2 4
which said resolution provides for a Deferred Compensation Plan to be imple-
mented upon a determination by the Internal Revenue Service that certain con-
tributions are employer contributions; and
WHEREAS, in order to secure such a determination from the
Internal Revenue Service, it is necessary that a request for such determina-
tion be made;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF
EL SEGUNDO, CALIFORNIA, DOES RESOLVE AS FOLLOWS:
SECTION 1. That the City Attorney, or such other attorneys that
he may designate, and each of them, are hereby authorized to file with the
Internal Revenue Service an appropriate request to implement the provisions
of Chapter 117 of the Administrative Code of the City of El Segundo.
SECTION 2. That the Mayor be and he hereby is authorized to exe-
cute such Power of Attorney or other instrument that may be necessary to enable
the City Attorney to file the appropriate request for ruling.
SECTION 3. The City Clerk shall certify to the passage and adoption
of this resolution; shall enter the same in the book of original resolutions of said
city; and shall make a minute of the passage and adoption thereof in the records
of the proceedings of the City Council of said city, in the minutes of the meeting
at which the same is passed and adopted.
PASSED, APPROVED and ADOPTED this 22d day of August , 1977.
ATTEST: e 2/
4�_ Mayor of t e ity of El Segundo, California.
(SEAL) City C erk
(:
STATE OF !CALIFORNIA )
COUNTY OF LOS ANGELES. ) SS
CITY OF EL SEGUNI)O )
I, Valerie A. Burrowes
City Clerk of the
City of El Segundo, California, DO HEREBY CERTIFY that the
is whole number of members of
the City Council of the said City
is five; that the foregoing Resolution, being Resolution No.
was dul 2796
y passed and adopted by the said City Council, approved
and signed by the Mayor of said City, and attested by the City
Clerk of said City, all at a regular meeting of the said Council
held on the 2� 2n_day of Au ust
1977
and that the same was so passed and adopted by the following vote:
AYES; Councilmen Bue, Na el, Rockhold,
Van Vranken and Mayor Balmer
NOES: Councilmen None
ABSENT: Councilmen None
WITNBSS MY RAND AND THE OFFICIAL SEAL OF SAID
CITY this 24t� hday of August
1977
of the City of El
city
e ndo
,California
(SEAL)