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Memo Resolution Employee Benefits TrustBENEFITS TRUST MEMORANDUM /RESOLUTION Benefits Trust Meeting: October 12, 2010 Department: Subject: BACKGROUND Human Resources Employees Benefits Trust Agenda No. 5 Whereas Resolution 10 -R -55 for a Single Nonprofit Benefits Trust, The City of Schertz Employee Benefits Trust, was approved and established on September 21, 2010 by City of Schertz City Council, therefore the City of Schertz Employee Benefits Trust will need to consider and approve that any premiums City of Schertz deposits for employee benefits will be paid to the appropriate insurance carriers for the Plan Year January 1, 2011 through December 31, 2011. RECOMMENDATION The Human Resources Department concurs with the City Management recommendation that the City of Schertz Employee Benefits Trust approve that any premiums deposited for employee benefits will be paid to the appropriate insurance carriers for the Plan Year January 1, 2011 through December 31, 2011. BE IT RESOLVED BY THE CITY OF SCHERTZ EMPLOYEEE BENEFITS TRUST OF THE CITY OF SCHERTZ: Staff recommendations that the above stated are hereby approved and authorized. PASSED AND APPROVED at a regular meeting of the City of Schertz Employee Benefits Trust of the City of Schertz, Texas this 12th day of October, 2010, at which meeting a quorum was present, held in accordance with the provisions of V.T.C.A., Government Code, §551.001 et seq. APPROVED l Mayor Benefits Trust Memorandum Page 2 Cou�nat1 an Place 1, J'm Fowler, Trustee II-ez =- Councilman Pla6k��j 5`cagliola, T tei Councilman Place 3, George Antuna, Trustee edric Edwards, Sr., Trustee Place 5, Michael Carpenter, Trustee ATTEST: } 4 �grenda Dennis, City Secretary