(a)
Created.
That certain agreement and declaration of trust, a copy of which is on file in the city clerk's office and made a part of this section, establishing an employee benefit trust for the city is approved. The members of the trust committee, appointed as provided in subsection (b) of this section, are authorized to execute the agreement for the city.
(b)
Appointment of trustees.
The city manager, director of finance, city attorney, city manager appointee, and personnel officer (human resources manager) are appointed as trustees and shall be known as the trust committee.
(c)
Trust committee authorized to utilize city resources.
Each trustee, and the trust committee as a whole is authorized to utilize city resources in conducting the business of the employee benefit trust. The trust committee may establish reasonable fees to be paid to the city for the use of such resources.
(1966 Code, sec. 2-101; 2001 Code, sec. 2-816; Ordinance 38-2025 adopted 7/15/2025)