HomeMy WebLinkAboutCC RESO 2017-230RESOLUTION NO. 2017 — 230
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY
AUTHORIZING THE AMENDMENT OF CITY COUNCIL POLICY NO. 201,
'MAINTENANCE OF RESERVES" TO ESTABLISH AN IRREVOCABLE
SUPPLEMENTAL PENSION TRUST RESERVE AND REPLACE
THE SEWER SERVICE FUND CONTINGENCY RESERVE WITH
FIVE SPECIFIC -PURPOSE SEWER SERVICE FUND RESERVES
BE IT RESOLVED by the City Council of the City of National City that City
Council Policy No. 201, entitled "Maintenance of Reserves" is amended to establish an
irrevocable supplemental pension trust reserve and replace the Sewer Service Fund
Contingency Reserve with five specific -purpose sewer service fund reserves.
ATTEST:
PASSED and ADOPTED this 215t day of Novembe 17.
on Morrison, Mayor
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Mic ael R. Dalla, City Clerk
APPROVED S TO FORM:
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Passed and adopted by the Council of the City of National City, California, on
November 21, 2017 by the following vote, to -wit:
Ayes: Councilmembers Mendivil, Morrison, Rios, Sotelo-Solis.
Nays: None.
Absent: Cano.
Abstain: None.
AUTHENTICATED BY:
RON MORRISON
Mayor of the City of National City, California
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City C ik of the City of ational City, California
By:
Deputy
I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of
RESOLUTION NO. 2017-230 of the City of National City, California, passed and
adopted by the Council of said City on November 21, 2017.
City Clerk of the City of National City, California
By:
Deputy