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92-22 _ _ _____ _m________r___ , ,", ,'.'.'".. , '<.:: ..~:_"':~,":~\,: ',..,~'.:',::~\~. :;:':'~':}~2 ;1" ~ .< ~. .:" .... ~ . . .. <,! .' ~'.: ,'. ..., ;:: .'::'~. ~:,,_: ~':>~:'~':;:'j'"::::;:?:;;,~~!E?,sz:{tt.S$'!~ . ..':< :.~~j .1...-::- ,. RESOLUTION NO. 92-22 - A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF CLEARWATER, FLORIDA ESTABLISHING A SECOND DEFERRED COMPENSA~ION PLAN, APPOINTING THE u.S. CONFERENCE OF MAYORS AS PLAN ADMINISTRATOR FOR SUCH PLAN, AND DESIGNATING THE CITY MANAGER OR HIS DESIGNEE TO ACT AS COORDINATOR FOR THE PROGRAM. WHEREAS, the city of Clearwater has previously established a deferred compensation plan for its employees; and WHEREAS, to provide more flexibility in their choice of plans, the city desires to establish a second deferred compensation plan for its employees; and WHEREAS, the U.S. Conference of Mayors has established a deferred compensation program for cities, permitting its member cities and their employees to enjoy the advantages of this program; and WHEREAS, the U.S. Conference of Mayors, as Plan Administrator, agrees to hold harmless and indemnify the city, its appointed and elected officers and participating employees from any loss resulting from the u.s. Conference of Mayors or its Agents failure to perform its duties and services pursuant to The u.s. Conference of Mayors Program; now therefore BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF CLEARWATER, FLORIDA: Section 1. That the city commission hereby authorize participation by the City of Clearwater in the u.S. Conference of Mayors Deferred Compensation Program. Section 2. That the City Manager of the City of Clearwater, or such other responsible City official who shall be designated by the city Manager for this purpose, is hereby authorized to execute for the city, individual participation agreements with each said employee requesting same, and to act as the "coordinator" of the Plan representing the City, and to execute such agreements and contracts as are necessary to implement the Program. PASSED AND ADOPTED this t-1arch , 1992. Attest: \liL2~ ~~-L-~ c~t lerk (,1 ~ ,.;2 ~