HomeMy WebLinkAboutResolution 1841 Agreements Relative to Retirement Funds and Deferred Compensation for the City Manager
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COMMISSION RESOLUTION
NO. 1841
A RESOLUTION AUTHORIZING THE MAYOR TO EXECUTE AND DELIVER
AGREEMENTS RELATIVE TO RETIREMENT FUNDS AND DEFERRED COMPENSA-
TION FOR THE CITY MANAGER.
WHEREAS, The City of Bozeman has heretof6re entered into an employment agreement
I with SAMUEL C. GESKO, JR., who is presently employed as City Manager for the payment
of an annual sum at a rate comparable to the Public Employment Retirement System, the
contribution is to be made to the International City Management Association Retirement
Corporation on a monthly basis as deferred compensation for the said SAMUEL C. GESKO,
JR. : and
WHEREAS, in addition thereto the city has heretofore agreed to make the contribu-
tion required by the laws of the State of Montana to the Public Employees Retirement
System of the State of Montana; and
WHEREAS, It is the desire of the City of Bozeman and the said SAMUEL C. GESKO,
JR
to consolidate all deferred compensation and retirement payments in one fund;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF BOZEMAN,
MONTANA;
That the Mayor is hereby authorized to execute the following documents in as
many counterparts as are necessary:
1. Deferred Compensation Employment Agreement between the City of Bozeman
to The International City Management Association Retirement Corporation on behalf of
I SAMUEL C. GESKO, JR.
2. Trust Agreement by and between The International City Management Associa-
tion Retirement Corporation and the City of Bozeman.
3. Agreement for transfer of Retirement Corpo~ation trust accounts from one
employer to another between the City of Bozeman, Montana, the City of Bridgeton,
Missouri, and SAMUEL C. GESKO, JR.
PASSED AND ADOPTED by the City Commission of the City of Bozeman, Montana,
this 29th day of November 1976 and approved by the Mayor of said City this 29th day
of November, 1976.
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Mayor
ATTEST:
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Clerk of the City ission
State of Montana )
I County of Gallatin) 5S.
City of Bozeman )
I, Erna V. Harding,Clerkd the Commission of the City of Bozeman,
do hereby certify that the foregoing Resolution No. 1841 was published
by title and number in the Bozeman Daily Chronicle, a newspaper of
general circulation printed and pUblished in said City in the issue of
the day of 1976, and due proof of such publication is on
file in my office.
IN WITNESS WHEREOF I hereunto set my hand and affix the corporate
seal of my office this 21st day of December 1976.
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Clerk of the ity C ~ssion
COMMISSION RESOLUTION
NO. 1841
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