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, r <br /> �,. ion4noii <br /> � . ORI(i1NAL <br /> RESOLUTION NO. 16151 <br /> A RESOLUTION AAAENDING THE EXISTiNG INTERNATIONAL <br /> ASSOCIATION OF FIRE FIGHTERS (IAFF LOCAL 2400) <br /> VANTAGECARE RETIREMENT HEAL7H SAYINGS (RHS) PLAN <br /> ADMINISTERED BY ICNIA RETIREMENT CORPORATION - RETIREE <br /> 1NELFARE BENEFITS PLAN TO INCLUDE MEMBERS OF THE CHIEF <br /> OFFICERS' ASSOCIATION (COA) <br /> VYHEREAS, the establfshment of a retiree heafth savings ptan tor such <br /> employees serves the interests of the Cily of Redwood City by enabling it to provide <br /> reasonable security regarding such employees' health needs during retirement, by <br /> providing increased flexiDility in its personnel managemeM system, and by assisting in <br /> the attracdon and reteMion•of competeM personnel; and <br /> WHEREAS, the City of Redwood City has determined that the establishment of <br /> the retiree health sevings plan (the °Plan'� serves the above objedives; <br /> NOW, TNEREFORE, BE fT RESOLVED, BY THE CITY COUNCIL OF THE <br /> � CITY OF REDWOOD CITY, hereby ammends the Plan in the form of the IMCA . <br /> Retirement Carporation's VantegeCare Relirement HeaRh Savings program. <br /> • BE IT FURTHER RESOLVED, that the assets of the Plan shall be held in trust, <br /> with the City of Redwood City serving as Vustee for the exclusive benefit of Pian <br /> participants and their survivors, and the assets of the Plan shail not be diverted to any <br /> other purpose prior to the satisfaction of all liabilities of the Plan. The City has executed <br /> the Declaration of Trust of the IRS Privete Letter Ruling on IMegral Part Trust in the <br /> fortn of: The model trust made available by tlie ICMA Retirement Corporatlon. <br /> BE IT FURTHER RESOLVED, that the Human Resources Director or designee <br /> shail be the coordinator and contact for the Plan and sha►I receive neceasary reports, <br /> notices, etc. <br /> . . . <br /> � <br /> � nmmESO.� iwrwtaoecaree aEn�r x�ur►i snv�w�s aaocaaa ItESO. 15151 <br /> �O�et f MUFF I BG <br />