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ON MOTION by Commissioner Adams, SECONDED by Commissioner Eggert, the Board unanimously adopted Resolution No. 95-76, to establish a deferred compensation plan to be administered by ICMA Retirement Corporation for Indian River County Property Appraiser, as requested. RESOLUTION 95-76 SUGGESTED RESOLUTION FOR A LEGISLATIVE BODY RELATING TO A DEFERRED COMPENSATION PLAN Name of Employer. Indian River County Property Appraiser State: FL Title of Program Coordinator. Property Appraiser (see definition below for duties of Program Coordinator) Resolution of the above named Employer (*Employer) WHEREAS, the Employer has employees rendering valuable services; and WHEREAS, the establishment of a deferred compensation plan for such employees serves the interests of the Employer by enabling it to provide reasonable retirement security for its employees, by providing increased flexibility In its personnel management system, and by'assisting In the attraction and retention of competent personnel; and WHEREAS, the Employer has determined that the establishment of a deferred compensation plan to be administered by the ICMA Retirement Corporation serves the above objectives; and WHEREAS, the Employer desires that its deferred compensation plan be administered by the ICMA Retirement Corporation, and diet the funds held under such plan be Invested In the ICMA Retirement Trust, a trust established by public employers for the collective investment of funds held under their retirement and deferred compensation plans; NOW THEREFORE BE IT RESOLVED that the Employer hereby adopts or has previously adopted the deferred compensation plant (the `Plan -t in the form of: (Select one) it The ICMA Retirement Corporation Deferred Compensation Plan, referred to as Appendix A The plan provided by the Employer (executed copy attached hereto). .*BE IT FURTHER RESOLVED that the Employer hereby executes the Declaration of Trust of the ICMA Retirement Trust, attached hereto as Appendix 8, intending this execution to be operative with respect to'ahy retirement or deferred compensation plan subsequently established by the Employer, ti the assets of the plan are to be invested in the ICMA Retirement Trust. BE IT FURTHER RESOLVED that the Property Appraiser (use title of official, not name) shall be the coordinator for this program; shall receive necessary reports, notices, etc. from the ICMA Retirement Corporation or the ICMA Retirement Trust; shall cast, on behalf of the Employer, any required votes under the ICMA Retirement Trust; Administrative duties to carry out the plan may be assigned to the appropriate departments, and is authorized to execute all necessary agreements with ICMA Retirement Corporation incidental to the administration of the Plan. 1, Jeffrey R. Barton Clerk of the PVF County, *W of Indian River , do hereby certify that the foregoing resolution, proposed by, in the (2nxwdN Md1MK Board,Xoc) of Indian River was duly passed and adopted in the (R msokBoard, six) of the (ilii* County, xfto of Indian River at regular meeting thereof assembled this 20 day of June .19 9 5 , by the following vote: Kenneth R. Macht, Chairman Carolyn K. Eggert, Co. Commissioner .AYES: Fran B. Adams, Vice Chairman Richar N. Bir Co. Commissioner NAYS: 0 Joh . Tipp n, Commi• sinner ABSENT: 0 . (Se89 ATTEST: jerTrey K. n r k _ June 20, 1995 27 5009 95 PAGE 474 J