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FEB 19 '93 02 .81PM PETp ALP 00WP JUEE P. 4 <br />BRACT OF MEETING X:[N=ES <br />THS CITY COUNCIL OF THE CITY OF ROSEVI � <br />Pursuant to due call and notice, a regular meeting of the City <br />Council of the City of Roseville State of I .�tnesOta was duly <br />held on the � day of , 19 9� j at p . m f <br />The following m ers were present <br />and , and the foliowinq were <br />Ter 1 introduced the following, resolution and <br />moved its adoption: <br />RIDLUTION <br />RESOLUTION ADOPTIbM 71M ML IBIF FENS ioN mcuuic <br />WRERBAS , pursuant to the provisions of the Laws of the state <br />of Minnesota, the City Council is required to approve pension <br />benefit increases and funding thereof before the Roseville mire <br />Relief Association may implement a change; <br />WHEREAS, the Roseville Fire Relief Association has requested <br />increased pension benefits; <br />WKEREAS, the Rafisf Association ,'s Board of Trustees,, in <br />cooperation with the City, has adopted and implemented investment - <br />policies and procedures, dated Decker .14, 1992, set forth on <br />Exhibit A* Such policies and procedures are intended to provide <br />safeguards for the investment of property tax and state aid funds <br />received by the Relief Association for the benefit of f ire <br />f i ght ers ; and <br />WHEREAS t in the spirit of cooperation, representative s of <br />the Re 1 ief Association's Board of Trustees and the City have pro <br />posed eartaia procedural matters, set forth on Exhibit B, which <br />will be presented to the Board of Trusteas for adoption and there - <br />eft er , where appropriate, to the sember sh ip for ino lue ion in the <br />Bylaws of the Association. <br />NOW, THEREFORE, BE IT RESOLVED r by the Council of the city <br />of Roseville, Minnesota, that the Cou it adopts and approves the <br />following pension rates and implementation schedule, retroactive <br />to January 1 r 1993, conditioned upon the Relief Assoc ietion' s <br />Board of Tru s teea agresincj to the matters contained in paragraph s <br />4 and 5 on Exhibit 91 and the mwWership of the Relief Assoeia- <br />t ion adopt 3ng and ' maintaining the matters set forth in paragraphs <br />It 2 and 3 on Exhibit 3 as Bylaw provisions <br />