HomeMy WebLinkAboutResolution 2003-086 becoming a participating employer in the arizona elected officials retirement plan F. JtNN RODRIGUEZ, RECORDER
RECORDED BY: NMB
DEPUTY RECORDER
1134 PE2
S~RA
TOWN OF MARANA
ATTN.' TOWN CLERK
13251 N LON ADAMS RD
MARJtNA AZ 85653
DOCKET: 12129
PAGE: 4617
NO. OF PAGES: 2
SEQUENCE: 20031720865
09/05/2003
RES 16:34
MAIL
AMOUNT PAID $ 8.00
MARANA RESOLUTION NO. 2003-86
A RESOLUTION OF THE MAYOR AND COUNCIL OF THE TOWN OF MARANA,
ARIZONA, AUTHORIZING THE PRELIMINARY STEPS TO BE TAKEN TO BECOME A
PARTICIPATING EMPLOYER IN THE ARIZONA ELECTED OFFICIALS' RETIREMENT
PLAN ON BEHALF OF THE ELECTED OFFICIALS OF THE TOWN OF MARANA.
WHEREAS, the Elected Officials' Retirement Plan has been created by the State of
Arizona in order to provide a uniform, consistent and equitable state-w/de program for retirement
and other benefits for those eligible full-time elected; and
WHEREAS, pursuant to the terms of said Elected Officials' Retirement Plan, it is
optional for an incorporated town to include within said system its elected officials; and;
WHEREAS, it is deemed in the best interest of the Town of Marana to include its'
elected officials under the Arizona Elected Officials' Retirement Plan as prescribed by Title 38,
Chapter 5, Article 3, Arizona Revised Statutes as amended;
NOW, THEREFORE, BE IT RESOLVED by the Mayor and Council of the Town of
Marana, Arizona, as follows:
It is hereby authorized and requested that a preliminary actuarial valuation be made to
determine the estimated cost of participation, the benefits to be derived, and such other
information as may be deemed appropriate, the cost of said valuation to be paid by the Town
of Marana;
2. The Town Clerk is hereby authorized to provide and turn over such records as are necessary
to make the actuarial valuation;
3. Town staff is hereby authorized to take whatever steps are necessary and proper to carry out
the intent of this resolution.
4. The Town Clerk shall file a certified copy of this resolution with the Fund Manager of the
Elected Officials' Retirement Plan.
PASSED AND ADOPTED by the Mayor and Council of the Town of Marana, Arizona, this 2nd
da3' of September, 2003.
Marana Resolution No. 2003-86
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ATTEST'
Joc~ft/C. Bronson
Town Clerk
APPRO~D .,~/~'~ FORM~
and not personally
Mm-ma Resolution No, 2003-86
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