Resolution 2844-08
CJ
RESOLUTION NO. 2844-08
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6 WHEREAS, the South Tahoe Public Utility District (District) has employees
RESOLUTION OF THE SOUTH TAHOE PUBLIC UTILITY DISTRICT
TO AMEND THE SOUTH TAHOE PUBLIC UTILITY DISTRICT
DEFERRED COMPENSATION PLAN
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8 WHEREAS, the District has established the South Tahoe Public Utility District
9 Deferred Compensation Plan and Trust (Plan) a deferred compensation plan for District
10 employees that serves the interest of the District by enabling it to provide reasonable
11 retirement security for its employees, and by assisting in the attraction and retention of
12 competent personnel; and
13 WHEREAS, a restatement of the Plan document is deemed to be in the best
14 interests of Plan participants in order to maximize the value of the plan to eligible
o 15 employees and their beneficiaries.
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NOW THEREFORE, THE BOARD OF DIRECTORS OF THE SOUTH TAHOE
PUBLIC UTILITY DISTRICT HEREBY RESOLVES the Plan trustees are hereby
authorized to restate the Plan.
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28 ATTEST:
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WE, THE UNDERSIGNED, do hereby certify that the above and foregoing
Resolution was duly adopted and passed by the Board of Directors of the South Tahoe
Public Utility District at a regularly scheduled meeting held on the 15th day of May,
2008, by the following vote:
AYES: Directors Mosbacher, Rise, Claudio, Jones, Schafer
NOES: None
ABSENT: None
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