CONSIDER ADOPTING RESOLUTION 1) AUTHORIZING THE CITY OF SAN PABLO’S PARTICIPATION IN THE POST-EMPLOYMENT BENEFITS TRUST PROGRAM ADMINISTERED BY PUBLIC AGENCY RETIREMENT SERVICES (PARS) AND U.S. BANK, 2) APPOINTING THE CITY MANAGER AS THE CITY’S PLAN ADMINISTRATOR, 3) AUTHORIZING THE CITY MANAGER TO EXECUTE THE PARS ADMINISTRATIVE SERVICES AGREEMENT AND OTHER DOCUMENTS NECESSARY TO IMPLEMENT THE PROGRAM, AND 4) APPROPRIATING $1.0 MILLION OF FY 2023-24 GENERAL FUND DESIGNATED RESERVES TO FUND THIS POST-EMPLOYMENT BENEFITS TRUST PROGRAM. CEQA: This is not a project subject to CEQA.

What this record is

Amount

$1.00M

Runs until

no end date published in this record

Type

contract

Read automatically from the title of the official record. The source document below is authoritative.

Committee

City Council

Introduced

December 5, 2023

On agenda

December 13, 2023

Passed

December 13, 2023

Enactment no.

RES 2023-166