Loading...
TC Res. No. 1984-47TOWN OF AVON RESOLUTION NO. 84-47 SERIES OF 1984 WHEREAS, the Town of Avon Police Department is presently maintaining police employees in the Colorado Fire & Police Pension Association; and, WHEREAS, the Town of Avon Police Department has directed the Police Chief to investigate alternative investment plans for its employees; and, WHEREAS, the police employees of the Town of Avon Police Department have expressed a strong interest in establishing a defined contribution (money purchase) plan; and, WHEREAS, sixty five percent (65%), of the current employees agreed to withdraw from the Colorado Fire & Police Pension Association to establish a defined contribution (money purchase) plan as evidenced by a letter of agreement dated and attached hereto; NOW, THEREFORE, BE IT RESOLVED BY THE TOWN OF AVON POLICE DEPARTMENT, Town of Avon, Colorado that: Section 1. The Town of Avon Police Department intends to withdraw from the State of Colorado Fire & Police Pension Association for the purpose of establishing a defined contribution (roney purchase) plan. Section 2. The Town of Avon Police Department intends to withdraw all of its police employees. Section 3. Notice of intent to withdraw if filed pursuant to Section 31-30-1003(2)(b)of the C.R.S. 1973, as amended, as well as any applicable Fire & Police Pension Association,rules, with intended date of withdrawal from the Fire & Police Pension Association hereby set at January 1, 1986. READ, PASSED AND APPROVED THIS 27th day of November, 1984 by the Town of Avon Police Department, Avon, Colorado. Allan R. tting am Mayor 'RO'ES ricia J. Do , Town Cler Town of Avon Police Dept. P.O. Box 931 Avon, CO 81620 Joseph W. Olson, Chief of Police November 27, 1984 To Whom It May Concern, 949-5323 As it is the request of all police employees of the Town Of Avon Police Department to withdraw from the Colorado Fire & Police Pension Association, this letter shall serve as an indication of their intention as indicated by their signatures below.. Furthermore-, the signatures below are representative of 100% of the current police employees of the Town of Avon Police Department to date. 'ry T!h~o a s v/ ~ A- I Fritz K eu&h- S=m tPerez I Lee. ilson Sworn and subscribed before me on Z lr- Signed + My Commission Expires On