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R-1298 - 09/24/2014 - IMRF - Resolutions Supporting Documents ITEM 6.F.2) PG� Of Oq k g9 v 0 0 so of N 5 � CJ � G d 4�FeoU NI�,t AGENDA ITEM Regular Board of Trustees Meeting of September 24, 2013 SUBJECT: Text Change to IMRF Authorized Agent Resolution FROM: Blaine Wing, Assistant Manager BUDGET SOURCE/BUDGET IMPACT: None RECOMMENDED MOTION: I move for passage of Resolution R-1298, A Resolution Amending R-621 and Appointing an Authorized Agent Representing the Village of Oak Brook, Illinois in the Illinois Municipal Retirement Fund Background/History: Since 1969 the Village of Oak Brook has participated in the Illinois Municipal Retirement Fund (IMRF). Per the Illinois State Statutes, the Village is required to appoint an authorized agent. Traditionally, the Village Treasurer has served as the authorized agent. However, in 2009, with the passage of R-1048, the authorized agent was changed to the Human Resources Coordinator, who deals directly with the IMRF. In December of 2012, the HR Coordinator position was retitled to Human Resources Generalist. As Kate Andris is now the new HR Generalist, I am recommending that Resolution 621 be amended to reflect the change in the title of the authorized agent for the IMRF and that the Finance Director (typically the Village Treasurer) position remain the IMRF alernate agent. Recommendation: I recommend the Village Board approve the attached Resolution. rv, Last saved by bwing C:\Users\rkane\AppData\Local\Microsoft\Windows\Temporary Internet Files\Content.Outlook\DX6AXOSI\IMRFmem02O13 v2(2).docx Last printed 9/16/2013 4:57 PM RESOLUTION 2013-IMRF-R-1298 A RESOLUTION AMENDING R-621 AND APPOINTING THE AUTHORIZED AGENT REPRESENTING THE VILLAGE OF OAK BROOK, ILLINOIS IN THE ILLINOIS MUNICIPAL RETIREMENT FUND WHEREAS, the Village of Oak Brook, pursuant to Ordinance S-192, passed December 9, 1969, first elected to participate in the Illinois Municipal Retirement Fund (IMRF); and WHEREAS, Chapter 40 ILCS 5 (Pension Code) of the Illinois Compiled Statutes requires each participating municipality in the IMRF to appoint an authorized agent; and WHEREAS, Resolution 94-IMRF-R-621, passed and approved on April 12, 1994, designated that the Village Treasurer serve as the authorized agent to the IMRF. WHEREAS, the corporate authorities of the Village of Oak Brook find that it is in the Village's best interest that the Human Resources Generalist serve as the Village's authorized agent to the IMRF. NOW, THEREFORE, BE IT RESOLVED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF OAK BROOK, DU PAGE AND COOK COUNTIES, ILLINOIS as follows: Section 1: The person serving as Human Resources Generalist is hereby designated to be the authorized agent representing the Village of Oak Brook in the Illinois Municipal Retirement Fund. Section 2: A copy of this Resolution shall be filed with the Illinois Municipal Retirement Fund in evidence of the action authorized herein. APPROVED THIS 24th day of September, 2013 Gopal G. Lalmalani Village President PASSED THIS 24th day of September, 2013 Ayes: Nays: Absent: ATTEST: Charlotte K. Pruss Village Clerk