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<br />" <br /> <br />RES 0 L UTI 0 N <br /> <br />Comes now the Board of Trustees of the Civil Town of Mooresville, <br /> <br />Indiana, and pursuant to the powers vested in the Board of Trustees by the <br /> <br />legislature of the State of Indiana now passes the following resolution <br /> <br />regarding the Civil Town of Mooresville Retirement Plan which is as follows: <br /> <br />BE IT HEREBY RESOLVED, <br /> <br />(See Exhibit "A" attached hereto and made a part hereof, <br />Alternative 112) <br /> <br /> That the Town accepts the plan which is set out in the proposal of <br />Nyhart Company, Inc. dat ed June 17, 1985 under Alternate //2 which essentially <br />allows for a 50 - 50 emp loye r - employee share program with employer matching <br /> <br />a 3.'% contribution with the minimum hiring age set out in said plan, a vesting <br /> <br />period of one year of service, no withdrawal of the Town's funds until age 55 <br /> <br />and a six year minimum period to vest the Town's portion and lock this in. The <br /> <br />effective date would be January 1, 1985 with the administrator of the plan to <br />Fcoc^'fI J.. 5I/V//I;6$ <br />be Nyhart Company, Inc. and the local trustee to be the £ítiBeR8 EaRk of <br /> <br />Mooresville. <br /> <br />ìtrlx~-\ <br />jJnJrj~) 9· COUiJj~/¡ / <br />¡¿¿c~j¿- 4~H <br />,/7 <br />~~ <br />'7¿;!¡ù} ·~t ,-!;ÜA1UJ <br /> <br />("', ,0 * n <br />.(~- ' \1 - - <br />_ L_ I U, it \)~ <br /> <br />~ ~)1í/ <br /> <br />~/7,t.(/r,r¡ ~ <br /> <br />Board of Trustees <br /> <br />/ <br />/ <br />v <br /> <br />Attest Janet Hood Clerk Treasure <br /> <br />Dated August 6,1985 <br />