Resolution 2000-39
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RESOLUTION NO. 2000-39
RESOLUTION UPDATING THE AGREEMENT BETWEEN THE CITY
OF GILROY AND THE PUBLIC AGENCY RETIREMENT SYSTEM
(PARS) FOR THE PURPOSE OF PROVIDING TAX QUALIFIED
RETIREMENT BENEFITS TO PART-TIME CITY EMPLOYEES.
WHEREAS, the City is a member of the Public Agency Retirement System (PARS) for
the purpose of providing tax qualified retirement benefits,
WHEREAS, the City provides a QualifYing Retirement System for its part-time,
temporary and seasonal employees, thereby meeting the requirements of Section 11332 of the
Omnibus Budget Reconciliation Act (ORBA 90) and Section 3I2I(b)(7)(F) of the Internal
Revenue Code (IRe),
WHEREAS, PARS, a governmental trust, has been adopted by the City that qualifies
under California Govermnent Code Section 53,000 and 20,000, OBRA 90 Section 11332, IRC
Sections 3121(b)(7)(F) and 40I(a), and meets the meaning of the term "retirement system" as
given by Section 2l8(b)(4) ofthe Federal Social Security Act.
WHEREAS, the City is a member of the PARS Trust;
NOW THEREFORE, be it resolved that:
1. The City Council hereby adopts the Amended and Restated PARS Trust Agreement
effective July I, 2000; and
2. The City Council hereby appoints the Human Resources Director, or hislher successor
or his/her designee as the City's Plan Administrator for the Public Agency Retirement
System; and
RESOLUTION NO. 2000-39
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3. The City's Plan Administrator is hereby authorized to execute the PARS legal
documents on behalf of the City and to take whatever additional actions are necessary
to maintain the City's participation in PARS and to maintain PARS compliance of any
relevant regulation issued or as may be issued; therefore, authorizing himlher to take
whatever additional actions are required to administer the City PARS plan(s).
PASSED AND ADOPTED this 19th day of June, 2000 by the following vote:
AYES:
COUNCILMEMBERS: G. ARELLANO, MORALES, PINHEIRO,
SUDOL, VELASCO, SPRINGER
NOES:
COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: P. ARELLANO
APPROVED:
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Thomas W.
ATTEST:
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Rhorida Pellin, City Clerk
RESOLUTION NO. 2000-39
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I, RHONDA PELLIN, City Clerk of the City of Gilroy, do hereby certify that the attached
Resolution No. 2000-39 is an original resolution, duly adopted by the Council of the City of
Gilroy at a regular meeting of said Council held on the 19th day of June, 2000, at which meeting a
quorum was present.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Official Seal of
the City of Gilroy this 22nd day of June, 2000.
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City Clerk of the City ofGi1roy
(Seal)