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AgdaPkt 2011-05-23
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AgdaPkt 2011-05-23
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Last modified
9/23/2013 11:02:31 AM
Creation date
5/19/2011 4:36:18 PM
Metadata
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Redevelopment Agency
Date
5/23/2011
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6.3.B. - Page7 <br /> P1an� 8�3245 <br /> income, gain, or lnss credited,ax�d amounts disbursed as benefits; <br /> �c} pro�ision of periodic reports to the Employer and participar�ts of the status af P�ax� <br /> in�estments and indi�idual accounts; <br /> �d} cnmmunicatinn tn participax�ts nf information rega.rding their rights and electinns under <br /> the Plax�; <br /> �e] disbursement of benefits as agent for the Employer in a�cnrdance wit11 terms of the Plar�; <br /> and <br /> �� performance of tax withholding and repor�ing in conjunction with the Empinyer for each <br /> RHS account. <br /> 2. Emt�loY�r Dutv tn Fu.rnish Information <br /> Employer agrees tn furnish to I�MA-R� on a time�y basis such information as is ne�essary for <br /> ICMA-RC to carry out its respnnsibilities with respect tn t11e Plan, including infnrmation needed <br /> tn allocate indi�idual participant accnunts to Funds, and infnrmatinn as tn the benefit eligibility <br /> and empinyment status nf participants, and participant ages, addresses, benef�ciaries ar�d nther <br /> identifying information �includi.ng tax identification numbers}. ICMA-RC shall be entitled to <br /> re�y upon the accuracy of any informatinn that is furnished to it by a responsible of�'icial nf the <br /> Employer or any i.nformation relating tn an indi�idual participant, depend�nt, or benef ciary that <br /> is furnished by such participax�t, dependent, or benef cia�y, ax�d I�MA-RC sha�l not be <br /> respnnsible for ar�y error arising firnm its reliax�ce on such informatinn. I�MA-R� will prn�ide <br /> account infnrmation in reports, statements nr accountings. <br /> 3. Certain Representations and Warranties <br /> ,,,,,,,,,_. <br /> ICMA-RC represents ar�d wa�rrar�ts tn Empinyer that: <br /> �a] I�MA-R� is a nnn-pro�it c,�rporation with full pnwer ar�d autllority to enter intn this <br /> Agreement and tn perfnrm its obligations under this Agreement. <br /> �b} ICMA-RC is an in�estment ad�iser registered as such with the Securities and Exchange <br /> �ommission und�r the In�estment Ad�isers Act nf 194�, as amended. ICMA-RC <br /> Services, LLC �a whnl�y owned subsidiary nf ICMA-RC} is registered as a brnker-dealer <br /> with the Secur�ties ax�d Exchange Cnmmission �SEC} and is a member in gnod staxading <br /> of the Financial Industry Reg�ulatory Authority�F'I1�R.A}. <br /> Employer r�presents ar�d wa�rrar�ts to ICMA-RC that: <br /> �c} Emp�oyer is orgar�ized in the form and man.ner recited in the opening paragraph of this <br /> Agreement with full pnwer and authority to enter intn and perfnrm its obligations under <br /> this Agreement and to act for the Plax�and participants in the mar�ner contemplated in this <br /> _ � _ <br />
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