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2004-4

A RESOLUTION

AUTHORIZING THE AMENDMENT OF THE LAKEWOOD EMPLOYEES MONEY PURCHASE PENSION PLAN AND TRUST AGREEMENT TO CHANGE THE DEFINITION OF FULL TIME AND TO DELETE THE NAMES OF THE RETIREMENT BOARD MEMBERS

WHEREAS, the City of Lakewood adopted the Lakewood Employees Money Purchase Pension Plan Agreement ("Plan") March 1, 1991; and

WHEREAS, the City of Lakewood restated the Plan, effective January 1, 1999; and

WHEREAS, the City of Lakewood adopted the First Amendment to the Plan effective April, 2000, the Second Amendment to the Plan effective January 1, 2002, and the Third Amendment to the Plan effective January 1, 2003; and

WHEREAS, the City of Lakewood desires to further amend the Plan to change the definition of Full Time; and

WHEREAS, the City of Lakewood has adopted Personnel Policies which change the definition of Full Time; and

WHEREAS, the listing of names of Retirement Board Members is out-of-date and changes at least annually; and

WHEREAS, the Lakewood Employees Money Purchase Pension Board has recommended to the City Council amendments to the Plan Documents and Trust Agreements.

NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Lakewood, Colorado that:

SECTION 1. The Fourth Amendment to the City of Lakewood Employees Money Purchase Plan and Trust Agreement, as amended effective January 1, 2004 is hereby adopted in the form attached hereto as Exhibit A.

INTRODUCED, READ AND ADOPTED by the vote of 10 for and 0 against at a regular meeting of the City Council on January 12, 2004, at 7 o'clock p.m., at the Lakewood Civic Center, 480 South Allison Parkway, Lakewood, Colorado.

Stephen A. Burkholder, Mayor

ATTEST:
Margy Greer, City Clerk