HomeMy WebLinkAboutCity Council Resolution 01-093RESOLUTION NO. 0~- 093
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF SARATOGA AMENDING THE
DEFERRED COMPENSATION PLAN AND TRUST
WHEREAS, the City of Saratoga has employees rendering valuable services; and
WHEREAS, the City of Saratoga has established a deferred compensation plan for such
employees; and
WHEREAS, the Federal Economic Growth and Tax Relief Reconciliation Act of 2001
provides for enhancements of the benefits of such a deferred compensation plan effective
January 1, 2002:
NOW, THEREFORE, BE IT RESOLVED, the City Council of the City of Saratoga
hereby amends and restates the deferred compensation plan and trust (the "Plan") in the
form of The Plan and Trust Document (copy attached hereto):
The above and foregoing resolution was passed and adopted by the City Council of the
City of Saratoga on the 19th day of December, 2001, by the following vote:
AYES:
Councilmembers John Mehaffey, Ann Waltonsmith,
Vice Mayor Evan Baker, Mayor Nick Streit
NOES: None
ABSTA1N: None
ABSENT: Councilmember Stan Bogosian
Nick Streit, Mayor