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FULL PACKET_2010-12-20
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FULL PACKET_2010-12-20
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1/3/2012 3:56:09 PM
Creation date
12/17/2010 11:58:46 AM
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City Clerk
Doc Type
Agenda Packet
Date
12/20/2010
Destruction Year
2015
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<br /> <br /> <br /> <br /> <br /> Plan number 306741 <br /> <br /> Exhibit A <br /> <br /> Administrative Services <br /> The administrative services to be performed by ICMA-RC under this Agreement shall be <br /> as follows: <br /> <br /> (a) Provide custom participant enrollment services, including providing a <br /> welcome package and enrollment kit containing instructions and notices <br /> necessary to implement the Plan's administration. <br /> (b) Establishment of participant accounts for each employee participating in the <br /> Plan for whom ICMA-RC receives appropriate enrollment forms and <br /> records. ICMA-RC is not responsible for determining if such Plan <br /> participants are eligible under the terms of the Plan. <br /> <br /> (c) Allocation in accordance with participant directions received in good <br /> order of individual participant accounts to investment funds offered under <br /> the Trust. <br /> (d) Maintenance of individual accounts for participants reflecting amounts <br /> deferred, income, gain or loss credited, and amounts distributed as <br /> benefits. <br /> (e) Maintenance of records for all participants for whom participant accounts <br /> have been established in paper or electronic format. These files shall include <br /> enrollment instructions, beneficiary designation instructions (to the extent <br /> provided to ICMA-RC) and all other written correspondence and documents <br /> concerning each participant's account, and if applicable, records of any <br /> transaction conducted through the Voice Response Unit ("VRU"), the <br /> Internet or other electronic means. <br /> (f) Provision of periodic reports to the Employer and participants of the status <br /> of Plan investments and individual accounts. This includes but is not <br /> limited to regular, monthly, quarterly and annual reporting. <br /> (g) Communication to participants of information regarding their rights and <br /> elections under the Plan. <br /> (h) Making available Investor Services Representatives through a toll-free <br /> telephone number from 5:30 a.m. to 6:00 p.m. Pacific Time, Monday <br /> through Friday (excluding holidays and days on which the securities <br /> markets or ICMA-RC are closed for business (including emergency <br /> closings), to assist participants. <br /> (i) Making available a toll-free number and access to VantageLine, ICMA- <br /> RC's interactive VRU, and ICMA-RC's web site, to allow participants to <br /> access certain account information and initiate plan transactions at any <br /> time. <br /> (j) Distribution of benefits as agent for the Employer in accordance with <br /> terms of the Plan. <br /> <br /> <br /> 10 <br /> <br /> 25A-12 <br />
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