HomeMy WebLinkAboutRES 88-04RESOLUTION NO.88-04
A RESOLUTION OF THE MAYOR AND CITY COUNCIL OF THE CITY OF
APACHE JUNCTION,ARIZONA,AUTHORIZING AN ACTUARIAL VALUATION
IN ORDER TO DETERMINE THE COST TO THE CITY OF APACHE JUNCTION
FOR PARTICIPATION IN THE ARIZONA ELECTED OFFICIALS'RETIRE-
MENT PLAN ON BEHALF OF DESIGNATED ELIGIBLE ELECTED CITY
OFFICIALS.
WHEREAS,Arizona Revised Statutes §38-815 allows the City of Apache
Junction to participate in the Arizona Elected Officials'
Retirement Plan on behalf of designated eligible elected
city officials;and
WHEREAS,the Mayor and City Council of the City of Apache Junction
must take official action in order to obtain the information
necessary to determine the costs involved in participating
in such a plan;and
WHEREAS,the Mayor and City Council desire to have such information
available prior to consideration of funding options for
Fiscal Year 1988-89.
NOW,THEREFORE,BE IT RESOLVED by the Mayor and City Council of the
City of Apache Junction,Arizona,that an Actuarial Valuation is
hereby authorized for the purpose of determining city costs for
participation in the Arizona Elected Officials'Retirement Plan.
PASSED AND ADOPTED THIS 1sT DAY OF ,1988,BY THE MAYOR
AND CITY COUNCIL OF THE CITY OF APACHE JUN ,ARIZONA.
SIGNED AND ATTESTED TO THIS 14TH DAY91;MARCH ,1988.
KATHLEEN CONNELLY
City Clerk
PPROVED AS TO FORM:
? k -P4A-C:1AV.LEXA
City Attorney
4-LiZ,Z4/:
ORNAN S.HILL
Mayor By Kenneth Bluntscyy,Acting Mayor