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<br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA <br />APPROVING THE ADOPTION OF THE PUBLIC AGENCIES POST- <br />EMPLOYMENT BENEFITS TRUST ADMINISTERED BY PUBLIC AGENCY <br />RETIREMENT SERVICES (PARS) <br /> <br /> <br /> <br />2.AGMT - Authorize the City Manager and Clerk of the Council to execute an <br />agreement with Public Agency Retirement Services, for the Irrevocable Trust <br />plan installation and administration services for the period of June 22, 2016 <br />through June 21, 2019, for an amount of $10,000, subject to non-substantive <br />changes approved by the City Manager and City Attorney. <br /> <br /> <br />3.Authorize the City Manager and Clerk of the Council to execute Trustee Forms <br />with US Bank / HighMark Capital Management, Inc., for the purpose of <br />managing Plan Assets for the period of June 22, 2016 through June 21, 2019, <br />subject to non-substantive changes approved by the City Manager and City <br />Attorney. <br /> <br /> <br />4.Authorize the City to transfer $500,000 from the City’s Surplus Allocation fund to <br />the Public Agency Retirement Services account for the purpose of pre-funding <br />pension obligations. <br /> <br /> <br />55E. AFFIRM THE APPOINTMENT OF THE EXECUTIVE DIRECTOR OF <br />PERSONNEL SERVICES, OR HIS OR HER DESIGNEE, AS THE CITY’S PLAN <br />ADMINISTRATOR OF THE RETIREMENT HEALTH SAVINGS PLAN AND <br />AFFIRM THE APPOINTMENT OF THE CITY’S EXECUTIVE DIRECTOR OF <br />FINANCE AS THE PLAN TRUSTEE, AND EXECUTE THE PARTICIPATION <br />AGREEMENT WITH VANTAGE TRUST COMPANY, LLC. TRUSTEE OF THE <br />VANTAGETRUST II MULTIPLE COLLECTIVE INVESTMENT FUNDS TRUST <br />{STRATEGIC PLAN NO. 7, 6} - Personnel Services Agency <br /> <br />RECOMMENDED ACTIONS: <br /> <br /> <br />1.Adopt a resolution. <br /> <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA TO <br />AMEND RESOLUTION NO. 2011-080 TO AFFIRM THE APPOINTMENT OF <br />THE EXECUTIVE DIRECTOR OF PERSONNEL SERVICES, OR HIS OR HER <br />DESIGNEE, AS THE CITY’S RETIREMENT HEALTH SAVINGS PLAN <br />ADMINISTRATOR AND AFFIRM THE APPOINTMENT OF THE EXECUTIVE <br />DIRECTOR OF FINANCE AS THE CITY’S PLAN TRUSTEE <br /> <br /> <br />2.AGMT - Authorize the City Manager to approve the Participation Agreement <br />with Vantage Trust Company, LLC, trustee of the Vantage Trust II Multiple <br />Collective Investment Funds Trust on behalf of the City’s various Retirement <br />Health Savings Plans, subject to non-substantive changes approved by the City <br />Manager and City Attorney. <br /> <br /> <br />CITY COUNCIL AGENDA 17 JUNE 21, 2016 <br /> <br /> <br />