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EXTRACT OF MINUTES OF MEETING OF THE CITY COUNCIL OF THE CITY OF ROSEVILLE ~ ~ * * * ~ Pursuant to due call and notice thereof, a regular meeting of the City Council of the City of Roseville, County of Ramsey, Minnesota was duly held on the 16th day of June, 2008 at 6:00 p.m. The following members were present: Willmus, Pust, Roe and Klausing, and the following was absent: Ihlan Member Roe introduced the following resolution and moved its adoption: RESOLUTION No. 10635 RESOLUTION AUTHORIZING A NEW FIRE RELIEF PENSION PLAN BENEFIT WHEREAS, The City of Roseville recognizes the valuable contributions by Roseville Firefighters and has therefore established a Fire Relief Pension Plan, and; WHEREAS, Eligible members in the Fire Relief Pension Plan are currently entitled to a monthly benefit in the amount of $29 per month per year of service in the form of a monthly annuity, and; WHEREAS, Eligible members in the Fire Relief Pension Plan are currently entitled to elect aone-time lump-sum payout in the amount of $2,900 per year of service in lieu of a monthly annuity, and; WHEREAS, the City of Roseville and Roseville Fire Relief Association have mutually agreed to a revised Plan benefit based on guidelines set forth in Resolution No. 10442, dated October 23, 2006. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Roseville, Minnesota, as follows: 1) Beginning January 1, 2009, the monthly benefit shall be $30 per month per year of service for those that elect a monthly annuity; and $3,000 per year of service for those that elect aone-time lump-sum payout. The motion for the adoption of the foregoing resolution was duly seconded by Mayor Klausing and upon a vote being taken thereon, the following voted in favor thereof: Willmus, Pust, Roe and Klausing, And the following voted against the same: none. WHEREUPON, said resolution was declared duly passed and adopted. Page 1 of 2