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R-1581 - 08/09/2016 - IMRF - Resolutions Supporting Documents ITEM 6.E.2) BOARD OF TRUSTEES MEETING VILLAGE of SAMUEL E. DEAN BOARD ROOM OAK B R 2 K , BUTLER GOVERNMENT CENTER 1200 OAK BROOK ROAD OAK BROOK, ILLINOIS 630-368-5000 AGENDA ITEM Regular Board of Trustees Meeting of August 9, 2016 SUBJECT: Appointment of the IMRF Authorized Agent—Alternative Delegate FROM: Riccardo F. Ginex, Village Manager BUDGET SOURCE/BUDGET IMPACT: NA RECOMMENDED MOTION: Motion to Approve R-1581, a Resolution Appointing an Authorized Agent for the Illinois Municipal Retirement Fund Backuround/History: The Village of Oak Brook is a member and contributes to the Illinois Municipal Retirement Fund(IMRF). The Village is required to name an Authorized Agent who will handle the day-to-day IMRF issues and processes, such as enrollment,payroll reporting, benefit applications and various member inquiries.Additionally,we have to select an Alternate Delegate.Presently, Sharon Dangles,the Village Treasurer fills this role.As Sharon will be leaving the Village,we will be transitioning to have Jason Paprocki, our Acting Treasurer fill this role. Recommendation: The Board passes the resolution as presented. BOT AGENDA Page] (�� RESOLUTION 2016-IMRF-R-1581 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 Acting 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 91h day of August, 2016. Gopal G. Lalmalani Village President PASSED THIS 9"'day of August, 2016. Ayes: Nays: Absent: ATTEST: Charlotte K. Pruss Village Clerk