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HomeMy WebLinkAboutResolution 1976 - 0019RESOLUTION NO.76-19 A JOINT RESOLUTION OF THE BOARDS OF DIRECTORS OF COUNTY SANITATION DISTRICTS NOS.1,2,3, 5,6,7 AND 11 OF ORANGE COUNTY,CALIFORNIA, AMENDING RESOLUTION NO.75-98 BY REVISING THE DEFERRED COMPENSATION PLAN AND ESTABLISHING CONDITIONS THEREFOR FOR THE MANAGEMENT EMPLOYEES OF THE DISTRICTS. ******~*** WHEREAS,the Districts,by adoption of Resolution No.75—98, established a deferred compensation plan for certain full time management and supervisory employees;and WHEREAS,the Districts recognize that employment incentives can be established for the management employees by providing addi tional deferred compensation program benefits for those employees; and WHEREAS,the Districts desire to revise the deferred compen sation plan for the management employees subject to certain terms and conditions. NOW,THEREFORE,the Boards of Directors of County Sanitation Districts Nos.1,2,3,5,6,7 and 11 of Orange County,California, DO HEREBY DETERMINE,RESOLVE AND ORDER: 1.The deferred compensation plan previously established by Resolution No.75—98 shall continue in full force and effect for the management and supervisory employees. 2.The deferred compensation plan of the Districts is hereby amended to provide for a contribution by the Districts of an annual sum equal to three percent (3%)of the gross annual salary of the General Manager and department heads,provided said employees volun tarily contribute an equal sum to the deferred compensation program, that the program canbe terminated only by action of the Boards of Directors,that the participating employees shall not be entitled to withdraw any sums on deposit except upon death or retirement or for those sums contributed by the Districts after three years of continuous service. 2.The specific terms and conditions of the plan shall be set forth in separate agreement to be executed by the Chairman of the Boards and the participating employees. •PASSED AND ADOPTED at a regular meeting on January 14,1976. —2— STATE OF CALIFORNIA ) )SS. COUNTY OF ORANGE I,J.WAYNE SYLVESTER,Secretary of the Boards of Directors of County Sanitation Districts Nos.1,2,3,5,6,7,and ii of Orange County,California,do hereby certify that the above and foregoing Resolution No.76-19 was regularly passed and adopted at a regular meeting of said Boards on the 14th day of January , 19 76, by the following vote,to wit: AYES:Directors Donald Winn (Joint Chairman),Robert Battin, John Burton,Edward Byrne,Michael Callahan,Dale Chaput,Ralph Clark,Phillip Cox,Norman Culver,Jesse Davis,Milan Dostal,Norma Gibbs,John Garthe,Donald Fox,Francis Glockner,Beth Graham,James Jackman, Miriam Kaywood,Leonard MacKain,Alice MacLain,Paul Ryckoff,Thomas McKnew,Richard Olson,Jesse Perez, Bob Perry,Thomas Riley,Kerm Rima,Donald Saltarelli, Laurence Schmit,George Scott,John Store,Bernie Svalstad,Frances Wood,Martha.Weishaupt,and Robin Young .. NOES:None . . ABSENT:Directors Henry Duke and Howard Rogers IN WITNESS WHEREOF,I have hereunto set my hand this 14th day of January , 19 76 . •Wa~ne S4~iv~ter,f~Secretary, Boards c~/Di7~~tors,County ~n’i.tat~on D~tstricts Nos 1,2, 3 5,6.,7,and 11 of Orange Count)’,California S-lOl