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Reso 2006-995
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Reso 2006-995
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Last modified
5/9/2011 4:32:55 PM
Creation date
5/9/2011 4:32:37 PM
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CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2006-995
Date (mm/dd/yyyy)
10/19/2006
Description
Agmt w/ICMA: Voluntary Participation in Vantagecare RHS Plan.
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<br />VANTA GECARE RETIREMENT HEALTH SA VINGS PLAN <br /> <br />10.2 As promptly as possible following the close of each year, the Trustee shall file with the Employer a <br />written account setting forth assets titled to the Trust as reported to the Trustee by the Employer or its <br />designee. <br /> <br />ARTICLE XI <br /> <br />Miscellaneous Provisions <br /> <br />11.1 Neither the Trustee nor any affiliate thereof shall be required to give any bond or to qualify before, be <br />appointed by, or account to any court of law in the exercise of its powers hereunder. <br /> <br />11.2 No person transferring title or receiving a transfer of title from the Trustee shall be obligated to look <br />to the propriety of the acts of the Trustee in connection therewith. <br /> <br />11.3 The Employer may engage the Trustee as its agent in the performance of any duties required of the <br />Employer under the Plan, but such agency shall not be deemed to increase the responsibility or liability of <br />the Trustee under this Declaration. <br /> <br />11.4 The Employer shall have the right at all reasonable times during the term of this Declaration and for <br />three (3) years after the termination of this Declaration to examine, audit, inspect, review, extract informa- <br />tion from, and copy all books, records, accounts, and other documents of the Trustee relating to this <br />Declaration and the Trustees' performance hereunder. <br /> <br />ARTICLE XII <br /> <br />Amendment and Termination <br /> <br />12.1 The Employer reserves the right to alter, amend, or (subject to Section 9.1) terminate this Declaration <br />at any time for any reason without the consent of the Trustee or any other person, provided that no <br />amendment affecting the rights, duties, or responsibilities of the Trustee shall be adopted without the <br />execution of the Trustee to the amendment. Any such amendment shall become effective as of the date <br />provided in the amendment, if requiring the Trustee's execution, or on delivery of the amendment to the <br />Trustee, if the Trustee's execution is not required. <br /> <br />12.2 Upon termination of this Declaration and upon the satisfaction of all liabilities under the Plan to <br />provide such benefits, any amount of Employer contributions, plus accrued earnings thereon, remaining <br />in such separate Accounts must, under the terms of the Plan, be returned to the Employer. <br /> <br />ARTICLE XIII <br /> <br />Successor Trustees <br /> <br />13.1 The Employer reserves the right to discharge the Trustee for any or no reason, at any time by giving <br />ninety (90) days' advance written notice. <br /> <br />13.2 The Trustee reserves the right to resign at any time by giving ninety (90) days' advance written notice <br />to the Employer. <br /> <br />13.3 In the event of discharge or resignation of the Trustee, the Employer may appoint a successor Trus- <br />tee who shall succeed to all rights, duties, and responsibilities of the former Trustee under this Declara- <br />tion, and the terminated Trustee shall be deemed discharged of all duties under this Declaration and <br />responsibilities for the Trust. <br /> <br />10 <br />
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