R-1676 - 11/14/2017 - IMRF - Resolutions Supporting Documents ITEM 6.C.5)
BOARD OF TRUSTEES
VILLAGE of MEETING SAMUEL E.
OAK B R� , K DEAN BOARD ROOM
BUTLER GOVERNMENT
CENTER 1200 OAK BROOK
ROAD
OAK BROOK, ILLINOIS
630-368-5000
AGENDA ITEM
Regular Board of Trustees
Meeting of
November 14, 2017
SUBJECT: IMRF Authorized Agent Resolution
FROM: Riccardo F. Ginex, Village Manager
BUDGET SOURCE/BUDGET IMPACT: NA
RECOMMENDED MOTION: A Motion to Pass Resolution R-2017-IMRF-
R-1676, 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. As the former employee who filled this position has
left the organization, Kathy Vonachen, our Human Resource Manager/Deputy
Clerk will be appointed to the position.
Recommendation
Staff recommends that the Village Board approve the attached resolution.
RG
RESOLUTION 2017-IMRF-R-1676
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 Resource Manager 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 Resource Manager 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 141h day of November, 2017.
Gopal G. Lalmalani
Village President
PASSED THIS 141h day of November, 2017.
Ayes:
Nays:
Absent:
ATTEST:
Charlotte K. Pruss
Village Clerk