HomeMy WebLinkAboutReso 124-07 CalPers Disbursement Delegate
RESOLUTION NO. 124 - 07
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
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DELEGATION OF POSITIONS AUTHORIZED TO REQUEST DISBURSEMENTS FROM THE
CALIFORNIA PUBLIC EMPLOYEES RETIREMENT SYSTEM (CalPERS)
OTHER POST EMPLOYMENT BENEFITS (OPEB) TRUST:
(ADMINISTRATIVE SERVICES DIRECTOR OR FINANCE MANAGER)
WHEREAS, the City Council adopted Resolution No. 74-07 on May 15,2007; and
WHEREAS, Resolution No. 74-07 authorized the City participation in the California Public
Employees Retirement (CaIPERS) Other Post Employment Benefits Trust (OPEB); and
WHEREAS, the City will make contributions to the Trust for the purpose of funding retiree
medical benefits; and
WHEREAS, periodically the City will need to request disbursements from the Trust to reimburse
the City for eligible expenditures for Retiree Medical benefits; and
WHEREAS, CalPERS has developed a specific form for participating agencies to complete
identifying by position, two classifications which will be authorized to request disbursements from the
OPEB Trust.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Dublin hereby
designates that the incumbents in the positions of Administrative Services Director or Finance Manager
shall be authorized to request disbursements from the OPEB Trust on behalf of the City of Dublin.
BE IT FURTHER RESOLVED that the Mayor is authorized to execute and file the form
(attached hereto as Exhibit A) with California Public Employees Retirement System, in order to record
this action in a format acceptable to CaIPERS.
PASSED, APPROVED AND ADOPTED this 17th day of July, 2007, by the following vote:
AYES:
Councilmembers Hildenbrand, Oravetz, Sbranti, Scholz and Mayor Lockhart
NOES:
None
ABSENT: None
ABSTAIN: None
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ATTEST:
A
CalPERS
DELEGATION OF AUTHORITY
TO REQUEST DISBURSEMENTS
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RESOLUTION
OF THE
to u('\e.~ \
(GOVERNING BODY)
OF THE
c.;-+~ O~ 1)u'b\:\(\
f (NAME OF EMPLOYER)
The ~\*"Ccuf\~\ delegates to the incumbents in
~ (GOVERNING BODY)
the positions of fi.afC'\'~tl.'l'b ~fi\ll.."\~e <SeN\~5" ~\rei\l)r and
(TITLE)
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(TITLE)
authority to request on behalf
of the Employer disbursements from the Other Post Employment Prefunding
Plan and to certify as to the purpose for which the disbursed funds will be used.
By
Witnes
Date
OPES Delegation of Authority (2/07)
Exhibit A