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RESOLUTIONS 1985
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RESOLUTIONS 1985
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10/13/2005 10:11:50 AM
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1985
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<br />I <br /> <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 112 which essentially <br />allows for a 50 - 50 employer - 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 />¡:cOc Æ'fI J... 511 VI/vG S <br />be Nyhart Company, Inc. and the local trustee to be the Sitis8R8 HaRk of <br /> <br />Mooresville. <br /> <br />'~~ (\ Ð-:k n <br />1 ·1 ' ",,,~\' _ L! HYIt-,) <br /> <br />ßiJj~/J).) 9· COlAjL~ 11/ <br />r2~r~jJ-¿- dH <br />~~ <br />7¿f¡ùi --{ \./¡¡~Alt.u/ <br /> <br />---." <br /> <br />~7í <br />(I-' ,0) , <br /> <br />Board of Trustees <br /> <br />~·/7.../! <br /> <br /> <br />v <br /> <br />I Attest Janet Hood Clerk Treasure <br /> <br />Dated August 6,1985 <br />
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