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R-1573 - 06/14/2016 - IMRF - Resolutions Supporting Documents r ITEM 6.D.6) BOARD OF TRUSTEES MEETING VILLAGE..OF, SAMUEL E. DEAN BOARD ROOM OAK B R BUTLER GOVERNMENT CENTER iff 4 . 1200 OAK BROOK ROAD OAK BROOK, ILLINOIS 630-368-5000 AGENDA ITEM Regular Board of Trustees Meeting of June 14, 2016 SUBJECT: IMRF Authorized Agent Resolution FROM: Riccardo F. Ginex, Village Manager BUDGET SOURCE/BUDGET IMPACT: NA RECOMMENDED MOTION: A Motion to Pass Resolution R-2016-IMRF-R- 1573, a Resolution Amending R-621 and Appointing an Authorized Agent Representing the Village of Oak Brook, Illinois in the Illinois Municipal Retirement Fund Background/Historv: 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. Our Assistant Village Manager/Finance Director Sharon Dangles has been filling this role until we filled the Human Resource Generalist position. Diana Maciejewski has been hired to fill the HR Generalist position and will be appointed to the position. Recommendation: Staff recommends that the Village Board approve the attached resolution. BOT AGENDA Page 1 RESOLUTION 2016-IMRF-R-1573 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 authorized agent to the IMRF, with the Village Treasurer serving as an Alternate 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, and the Village Treasurer is hereby designated to be the Alternate authorized agent. 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 14th day of June, 2016. Gopal G. Lalmalani Village President PASSED THIS 14th day of June, 2016. Ayes: Nays: Absent: ATTEST. Charlotte K. Pruss Village Clerk