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HomeMy WebLinkAbout2607 RESOLUTION NO . 2,607 A RESOLUTION AMENDING RESOLUTION NO. 2551 INCLUDING EMPLOYEES OF THE LITTLE ROCK PUBLIC LIBRARY WITHIN THE DEFINITION OF ELIGIBLE EMPLOYEES OF THE RETIREMENT AND PENSION PLAN OF THE CITY OF LITTLE ROCK; AND FOR OTHER PURPOSES. WHEREAS , the City of Little Rock adopted Resolution No. 2551 providing for a Group Retirement and Pension Plan for non-uniform employees of the City of Little Rock and made provisions for the addition of certain employees of specific Boards, Commissions and Authorities; and WHEREAS , Seventy-Five Per Cent (750) or more of the eligible employees of the Library Board of Trustees have duly petitioned the Board of Directors to participate as eligible employees in the Group Retirement and Pension Plan; and WHEREAS , it is the desire of the Board of Directors to permit said employees of the Library Board of Trustees to so participate, provided that the cost of participation by the said employees of the Library Board of Trustees is borne solely by the said Board and its employees; NOW THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS: SECTION 1. The term Eligible Class of Employees is hereby ex- panded to include eligible employees of the Library Board of Trustees and Section 3.1 of the Group Retirement and Pension Plan as adopted in Resolution No. 2551 is hereby amended to include the eligible em- ployees of the Library Board of Trustees. SECTION 2. The City of Little Rock shall in no manner assume any liability or make any payments for the benefit of the eligible employees of the Library Board of Trustees and the cost of the partici- pation under this Plan by the employees of the Library Board of Trustees shall be solely borne by the said employees and the Library Board of w -2- Trustees. SECTION 3. This resolution shall be in full force and effect from and after its adoption. ADOPTED: November 7, 1960 ATTEST: APPROVED: City Clerk May AP/