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HomeMy WebLinkAboutResolution-1989-1160 RESOLUTION NO. 1160 SERIES OF 1989 TITLE: A RESOLUTION APPROVING THE FIRST AMENDMENT TO THE CITY OF WHEAT RIDGE MONEY PURCHASE PENSION PLAN FOR DESIGNATED POLICE DEPARTMENT EMPLOYEES. WHEREAS, the city of Wheat Ridge, acting pursuant to the provisions of Section 19-51 et seq. of the Code of Laws of the City of Wheat Ridge, has adopted the Wheat Ridge Police Pension Plan, which is a "Money Purchase Plan"; WHEREAS, the members of the Wheat Ridge Police Pension Plan, acting pursuant to the provisions of Section 19-52(e) of the Code of Laws of the City of Wheat Ridge, have approved a first amendment to said plan by the affirmative vote of 52 of the 56 members eligible to vote as to said amendment; WHEREAS, the provisions of section 19-52(e) of the Code of Laws of the city of Wheat Ridge require the City council of the City of Wheat Ridge to approve said amendment after adoption thereof by the members of the Plan before said amendment may become effective; WHEREAS, said "First Amendment to the City of Wheat Ridge Money Purchase Pension Plan for Designated Police Department Employees" is attached hereto and expressly incorporated herein; WHEREAS, it is the desire of the City Council of the City of Wheat Ridge to approve the Amendment to said Plan as adopted by the members eligible to participate in said Plan; NOW THEREFORE, BE IT RESOLVED by the City Council of the city of Wheat Ridge, that The "First Amendment to the City of Wheat Ridge Money Purchase Pension Plan for Designated Police Department Employees" which is attached hereto and expressly incorporated herein is hereby ratified and affirmed by the City Council of the City of Wheat Ridge, Colorado. DONE AND RESOLVED this 28th day of August, 1989. bc~v,--Lcl..( tic, Dan Wilde, Mayor ATTEST :/ (