HomeMy WebLinkAboutDocumentation_Regular_Tab 11F_9/11/1997 Y 111426C V1 1C lc::
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t SEP051:
Memorandum Village Manage
To: Thomas G. Bradford, Village Manager.
From: Bill Kascavelis, Director of Finance
Date: September 4, 1997
Subject: Resolution Terminating the Trust Joinder Agreement with
the Board of Trustees of the Florida Municipal Pension
Trust Fund
Mr. Stephen Palmquist, Gabriel, Roeder, Smith & Company
prepared the attached Resolution draft for the purpose of
terminating the Joinder Agreement with the Board of Trustees of
the Florida Municipal Pension Trust Fund.
Upon adoption of this Resolution, the Board of Trustees of
the Village of Tequesta Employees Pension Trust Fund will be able
to proceed with securing the Administrative, Actuarial and
Financial Investment Services approved at their May 19, 1997,
Quarterly Meeting.
The draft Resolution has been reviewed by our attorney Mr.
Skip Randolph, Esq. , as to legal form and sufficiency.
Respectfully submitted.
BCK/mk
Attach.
BCIMemo.ReSolu.09497.wordpro
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II RESOLUTION NO. 41-96/97
A RESOLUTION OF THE VILLAGE COUNCIL OF THE
VILLAGE OF TEQUESTA, FLORIDA, TERMINATING
THE TRUST JOINDER AGREEMENT BETWEEN THE
VILLAGE OF TEQUESTA AND THE BOARD OF
TRUSTEES OF THE FLORIDA MUNICIPAL PENSION
TRUST FUND.
NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE
VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, as follows:
Section 1. By Resolution No. 37-95/96, the Village Council
entered into a Trust Joinder Agreement with the Board of
Trustees of the Florida Municipal Pension Trust Fund.
li Section 2. The Board of Trustees of the Village of Tequesta
Employees Pension Trust Fund is recommending to the Village
Council that the Trust Joinder Agreement be terminated.
Section 3. The Village Council hereby declares that it
wishes to terminate the Trust Joinder Agreement in accordance
with Paragraph 6 of such Agreement.
Section 4 . The Village Council hereby authorizes Village
Staff to do all things neceesary to effect such termination.
THE FOREGOING RESOLUTION WAS OFFERED by Councilmember ,
who moved its adoption. The motion was seconded by
Councilmember , and upon being put to a vote, the vote
was as follows :
FOR ADOPTION AGAINST ADOPTION
The Mayor thereupon declared the Resolution duly passed and
adopted this 11th day of September, 1997 .
MAYOR OF TEQUESTA
Elizabeth A. Schauer
ATTEST: 0
Joann Manganiello
Village Clerk
wp60\res\41-96
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