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does hereby adopt the City of Santa Ana 3121 Part -Time Social Security <br />Alternative Retirement Plan and Trust as the City's alternate to Social <br />Security plan, effective immediately. <br />B. The City Council hereby re -appoints PARS as Trust Administrator and <br />Recordkeeper and U.S. Bank as Trustee for the 3121 Plan effective <br />immediately. <br />C. The City Council hereby re -appoints the Executive Director of Finance <br />and Management Services, or his/her successor or his/her designee as <br />the City's Plan Administrator for the 3121 Plan. <br />D. The City's Plan Administrator is hereby authorized to execute the PARS <br />legal documents on behalf of the City and to take whatever additional <br />actions are necessary to maintain the City's participation in PARS and to <br />maintain compliance with any relevant regulation issued or as may be <br />issued or amended; therefore, authorizing him/her to take whatever <br />additional actions are required to administer the City's PARS 3121 Plan. <br />Section 3. This Resolution shall take effect immediately upon its adoption by the <br />City Council, and the Clerk of the Council shall attest to and certify the vote adopting <br />this Resolution. <br />ADOPTED this day of 2020. <br />Miguel A. Pulido <br />Mayor <br />APPROVED AS TO FORM: <br />Sonia R. Carvalho <br />City Attorney <br />By: tu^c�a- <br />Lisa Storck <br />Assistant City Attorney <br />UW *3 <br />Councilmembers <br />NOES: Councilmembers <br />ABSTAIN: Councilmembers <br />NOT PRESENT: Councilmembers <br />#42262v2 Resolution 2020- <br />55A-4 Page 2 of 3 <br />