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2008-22

A RESOLUTION

AUTHORIZING THE THIRD AMENDMENT TO THE CITY MANAGER DEFINED BENEFIT PENSION PLAN AND TRUST AGREEMENT FOR THE CITY OF LAKEWOOD

WHEREAS, effective April 1, 2000, the City of Lakewood adopted the City Manager Defined Benefit Pension Plan and Trust Agreement for the City of Lakewood (the "Plan"); and,

WHEREAS, the Plan was amended by that certain First Amendment, dated July 23, 2001, and by that certain Second Amendment, dated December 10, 2002; and,

WHEREAS, the City of Lakewood now desires to amend the Plan to incorporate tax law changes from the Pension Protection Act of 2006; and,

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

SECTION 1. The City Manager Defined Benefit Pension Plan and Trust is hereby amended to incorporate tax law changes from the Pension Protection Act of 2006. Said amendment shall consist of those amendments set forth in the attached Exhibit A, the Third Amendment to the City Manager Defined Benefit Pension Plan and Trust Agreement.

INTRODUCED, READ AND ADOPTED by a vote of 11 for and 0 against at a regular meeting of the City Council on January 14, 2008, at 7 o'clock p.m. at the Lakewood Civic Center, 480 South Allison Parkway, Lakewood, Colorado.

Bob Murphy, Mayor

ATTEST:
Margy Greer, City Clerk

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