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HomeMy WebLinkAboutCity Council Resolution 2005-471CITY OF PLYMOUTH RESOLUTION NO. 2005-471 AUTHORIZING MAYOR AND CITY MANAGER TO SIGN AN AGREEMENT TO AMEND THE ACTIVE EMPLOYEE VEBA TRUST PLAN AND TO ADD A POST- RETIREMENT HEALTH PLAN WITH SOUTHWEST WEST CENTRAL SERVICE COOPERATIVE WHEREAS, the City Manager has determined that the City and its retiring employees would benefit from a post-retirement health plan; and WHEREAS, certain features of the active employee plan require modification; and WHEREAS, Southwest West Central Service Cooperative requires a signed agreement to reflect our arrangement; and NOW, THEREFORE, BE IT HEREBY RESOLVED BY THE CITY COUNCIL OF THE CITY OF PLYMOUTH, MINNESOTA, THAT THE Mayor and City Manager are authorized to sign the Minnesota Service Cooperatives' VEBA Plan providing Plymouth with the Southwest West Central Service Cooperative's VEBA plan and its associated Benefits Trust Agreement. BE IT FURTHER RESOLVED, THAT THE Mayor and City Manager are authorized to renew this agreement in successive years so long as the approved budget includes fiinds to pay for any agreement expenses. Adopted by the City Council on December 13, 2005.