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<br /> <br /> <br /> <br /> <br /> <br /> Section 4. The City Council hereby authorizes the transfer of plan assets from <br /> Great West Retirement Services to Union Bank as soon as administratively feasible. <br /> <br /> <br /> Section 5. The City Manager and the Executive Director of Finance and <br /> Management Services are hereby authorized to execute and submit the Administrative <br /> Services Agreement, Trust document and any other documents necessary to implement <br /> the 457 PST, on behalf of the City. <br /> <br /> Section 6. The City Council hereby appoints the Executive Director of Finance <br /> and Management Services, or his designee, as the City's Plan Administrator for the <br /> Plan. <br /> <br /> Section 7. The City's Plan Administrator is hereby authorized to implement the <br /> Plan and to take additional actions necessary to maintain City's participation in PARS, <br /> maintain compliance with any regulations regarding the Plan, and to administer the <br /> City's PARS Plan. <br /> <br /> <br /> Section 8. This Resolution shall take effect immediately upon its adoption by <br /> the City Council, and the Clerk of the Council shall attest to and certify the vote adopting <br /> this Resolution. <br /> <br /> <br /> ADOPTED this day of , 2010. <br /> <br /> <br /> <br /> <br /> <br /> <br /> Miguel A. Pulido <br /> Mayor <br /> <br /> <br /> <br /> <br /> APPROVED AS TO FORM: <br /> Joseph W. Fletcher, City Attorney <br /> <br /> <br /> <br /> By. <br /> Laura Sheedy <br /> Assistant City Attorney <br /> <br /> <br /> Resolution No. 2010- <br /> 55A-4 Page 2 of 3 <br />