Resolution No. 2021-05 Authorizing Participation of City's Elected Officials in City's ICMA-RC 457 Plan - January 5, 2021 CITY OF AVENTURA RESOLUTION NO. 2021-05
A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF
AVENTURA, FLORIDA, AUTHORIZING ELECTED OFFICIALS OF THE
CITY OF AVENTURA TO PARTICIPATE IN THE CITY'S ICMA-RC 457
PLAN, WITH ALL APPLICABLE CONTRIBUTIONS TO BE PAID
SOLELY BY THOSE ELECTED OFFICIALS WHO PARTICIPATE;
PROVIDING FOR IMPLEMENTATION; AND PROVIDING FOR AN
EFFECTIVE DATE.
WHEREAS, the City Commission desires to authorize each member of the City
Commission (the "City Elected Officials") to have an opportunity to join the City's ICMA-
RC 457 Deferred Compensation Plan (the "457 Plan"), subject to the condition that any
elected official who joins the 457 Plan must personally pay all contributions for such
Elected Official; and
WHEREAS, the City Commission finds that this Resolution conforms with
applicable law, enhances the health, safety and welfare, and is in the best interest of the
City.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE
CITY OF AVENTURA, FLORIDA, THAT:
Section 1. Recitals Adopted. The above-stated recitals are hereby confirmed
and adopted.
Section 2. Participation. Each Elected Official may join and participate in the 457
Plan, for his or her own personal use and may remain in the 457 Plan for so long as such
Elected Official serves on the City Commission. However, each participating Elected
Official shall be solely responsible for the full payment of all contributions and any
applicable fees or costs . Participation in the 457 Plan shall be subject to the requirements
of this Resolution, as amended from time to time, applicable law, the terms of the 457
Plan, and implementation protocols established by the City Manager.
City of Aventura Resolution No. 2021-05
Section 3. Implementation.
A. The City Manager is hereby authorized to take any action which is necessary
to implement this Resolution, including, but not limited to, establishing
implementation protocols, amending the 457 Plan contract to revise the group
description, and other measures.
B. The City Manager is authorized to enable participating Elected Officials to pay
any authorized portion of their applicable contributions by payroll deduction
from City compensation which is otherwise payable from the City to the Elected
Official pursuant to City Charter Section 2.06. Further, the City Manager may
provide for the above described payroll deductions from compensation to be
made and processed as pre-tax dollars to the extent authorized by applicable
federal law and Internal Revenue Service Code provisions, so long as no cost
is incurred by the City in so doing.
Section 4. Effective Date. This Resolution shall become effective immediately
upon its adoption.
The foregoing Resolution was offered by Commissioner Narotsky, who moved its
adoption. The motion was seconded by Commissioner Dr. Marks, and upon being put to
a vote, the vote was as follows:
Commissioner Jonathan Evans Yes
Commissioner Rachel S. Friedland Yes
Commissioner Denise Landman Yes
Commissioner Dr. Linda Marks Yes
Commissioner Marc Narotsky Yes
Vice Mayor Robert Shelley Yes
Mayor Enid Weisman Yes
PASSED AND ADOPTED this 5th day of January, 2021 .
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City of Aventura Resolution No. 2021-05
ENID WEISMAN, MAYOR
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ATTEST:
ELLISA L. HORVATH, MMC
CITY CLERK
APPROVED AS TO LEGAL SUFFICIENCY:
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CITY ATTORNEY
This Resolution was filed in the Office of the City Clerk this 5t" day of January, 2021.
CITY CLERK
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