HomeMy WebLinkAbout1984-05-14 84-194 ORDER84-194
Introduced by Councilor Braun, May 14, 1989
CITY OF BANGOR
(TITLE.) (0rbTr _Relative to Gond tion of a Building or Structure
rorated..ak....43_{3elGec..S.txeet._Bao4ax...Maine....-.-...AaaBexc>Ls..-auiibing_. _..
"BU"11�FfM1 tbsmSvftMrCi6Tvf'BssYor:
�RD6RED-
-PHAT
WHEREAS, ,the Bangor City Council, in its capacity as the
Municipal Officers of the City Of Bangor, held a public hearing
pursuant to 17 M.R.B.A. 9S 2851 at seq. to determine whether o
not the building or structure located at 43 Walter Street, Bangor,
Maine, on a lot described in a deed recorded in Volume 3280, Page
65, Penobscot Registry of Deeds, and owned by William S. Irwin,
constitutes a dangerous building within the meaning of said
statute; and
WHEREAS, based upon the evidence presented at said public hearing,
the Bangor City Council finds that the building or structure in question
is structurally unsafe; unstable, a fire hazard; unsuitable or improper
for the use or occupancy as a residence; a ha2ard to health or safety
because of inadequate maintenance, dilapidation, obsolescence o
abandonment, and dangerous to the life and property of the inhabitants
of the City of Bangor; and
WHEREAS, the Bangor City Council hereby adjudges said building
or structure to be a_nuisance and dangerous, as provided in Title
17 M.R.S.A. 95 2851 at seq.,
NOW, THEREFORE, By the City Council of the City of Bangor:
ORDERED, THAT said building or structure shall be disposed of
as follows:
III Said building or structure shall be demolished by
the o er(SI within thirty (30) days of the date
of passage of this Order, said demolition to be
performed i conformity with the Laws and Ordinances
of the City of Bangor; and
[21 In the event said building or structure is not
demolished within thirty (30) days as provided
above, the City's Birector::of Code Enforcement
may cause said.building or structure to be demolished,
all expenses incurred thereby to be paid by the
84-194
OR DER
IN CITY COUNCIL Title,
064'Y•mr IQ P3.11
May 44, 1984
c idea 2nd meting in June. RECEIVtp
neiatiye to CoNeurcwtion of a Building CITY OF RRRGOR
' CITY CLERK
Deputy _; ty Clerk o Stxvetaxa Loeate8 at 43 Waltei SC[eat,
Ix CITY COUNCIL Bangor, Maine
June 25, 1984
Introduced and filed by
Baesea 4
cI ........ : r.........
..•.. Councilman
CITY OF BANGOR (MAINE)
("EMPLOYER')
DEFERRED COMPENSATION PLAN
I. INTRODUCTION
The Employe, n.
an. Employers Deelled
Coal the priAndons, am north in this
The primary purpose rho Plen)topro
and other d laced bnVite to the Employees of the Employers
aaorM1e provisionsof Section all of the Internal
O OWere Internaleg NOf 1. a1 Amended
Thi¢ Plan Shell Ee an Mreemmf solely Wil the Employer
end pmficiasup Employees.
11. DEFINITIONS
1.01 Aaeun: The bookkeeping ac al,tWnW for each
Pa
nmpant egectma thin wm'Wlm amount of the
PamclpimS Oemrred Compensation. Including ammcome,
a....
eeto the Employers In tMni w me wnenP.ma
Different Complication ndful ranecfm9 any decade
done 0 the reroapeaf a, mE Eedimonts 6nenciary and
my asnex Charged "WIN Inch Parims area
Into
cowmpensation.
:.0 A iniOeee The person on Murray named o carry oaf
certain nary mAnetehvo functions under the
Plan, as he nonresistance
¢her dexnludi
m Adm rope, 80 days advance e Employer lay rannovy
mlln9 toSuchPerson Stn which
or persons act ftatmo
hall
atasAdmstaoyerc The
Administrator po ray ,¢Sign upon W days edsance notice in
writing to the Employer in which the case the employenhall
another
3. q"
NIN:Us ent persons
persons r
Deg ares ber th
Participant his .Joiner Agreement m
t .ale all rel my
benefits Durable hereunder in the event of the Panmganra
0a ONnetl Cempenudm: The amount of Not Cmmpani
M Plaided t whin the
I» Employer mutually +arae to defer
M eunda. any Child
maPanicganra AcmuntW
will of A transer lir&min&�W, many oflum
vel the Employer qr to it to a Financial
Aa
2.06 Emplorree: Any individual who provides Imi for the
oyof the Employm n
independent eras
Employe Contrad As emplmee M1as ben deslgnTes by the
Employe a¢ eligible to Sail eIn the Plan.
2.06 eaudlW Compn.enen: The mount of an European,
condensation frc Enable year that is
w performed lir the Employe and that
vrnnlIn the Employee's green income for me tr ble
eer for federal Income tee pumwu: Such term does ret
84-190 APPENDIXA
cable frroom grove Income under this
Plan or any ed me. In Seen" 457(b) of rho
internal Revenue Code, any amount eacluddia tram gross
sectionincome under 403(b) o1 the Internal Revenue Coda.
or
other ... unt excludable
m green
letl ecIrol ln<t�oolahallsedwlPou regard to
property
S% header Agrw entered Into between a,
Employee and the
e Employer, including amyamendme y,or
monlleallmna thereof, Such ageement¢hill me the amount
Deferredof Lompeme(on. MCI a peeenwamong the
whomment
men the Employ"a( Igneed by the Employer.
a Benaflclary car Bmwnc4rlao aha
incorporate the erne con tl'emnc and provisions 0f the Plan
W reference
tisk Normal Compenetlmn: The ammunt of mmmemmli<n which
Mond be Payable to a Pam<Ipam by mo EmPeyer lora
)i ye„ g no Jonever Ageemmlwere In Nem mdefo,
compensation under rola Plan.
2.09 lammind BtlBement Age: Age 70 mIl the Participant has
elemed an alternate normal Retirement Arco by written
O11ved IM catch-up limitation of Section SOP. his Normal
ant Ape may not man changed
A Pen4lpenl's al4mafe Normal Wlhrement Age m
by data the uncommon wall
eaSiglle to rile aid reelyeunMuuo noremenl
become
efits antler the EirployeR basic retirement pen mvamq
the PoNdpanl and
not be 4r than IM sate the
anlam e
pea age may
Continues
employment IalWnlnq age ", not hal plevlomly
elected ach and Agotne Parbi 6
alternate
RWifemmt Ai Such not be later than IM
m•amory Normal ed W the
ale age at which the P:moiaat nt actually
separated from uelce If the Employer has no mandatory
If the
anbrato
nme4 Under a abesio,eiemeidic will ntpplan m nitl
anedMy
Me Employer the NnlclpanfYs alternate Normal Retirement
Cal than mlasmenl 0l age88 And may not
Age
latsythe, beturmam of .ars toe.
She Ined the Plan pursuant
to the ralyuemene of ANeIeoIVu)
g. t The first date upon which both of the following
a Weli'h:,, wmed with mpaM to a Pourbeiam: Sev 10,
from sarvice and atmnmerl of Normal Retirement Age.
2.13 Separation from SaMm Swaranaa of me Pamcqwnra
dmen.tll teEmployerall
to uneed em>oyeiEmployb
r
cruel with the
established pnulcea al trek Employer t vlayment
latera 1p is do ...Nr to Nve anu Illy "'minor".ln the
Final We,, a P sop.ipedn In, 19
genaopsaa0I ee daemon If
nm
Occurred When a Perp ipenns contract under which
scrall or, mea h« aomelakli expired also
terminated there is i s Mab) pent t
��i.obmut
n.amamwpbd,h
Principal will ca
Employee Of the Realnvar.
IS. ADMINISTRATION
101 Duties of EgralThe Emolover Shall havotheautheorlyto
decisionsmake all aveomhng the-
warl ofleva IOPMb h May mpureApriln the
administration Of Pun. h
xez Omw ulAdmmadmil The Aemmblrelor. ae agent for
Employer, shag perform ondi¢aadministrative
tem conn the 'F ry Ig l
dl Participants Accountssnths pmv6bn at
tlotd los e. Account and the
disbursement of benen6l m stem.. al Ino Employed b
Accordance with the provisions OF the Plan.
dal 1,111,lPsdltlp on:An Empl ymmaybecomaep ticlpant
by ,Nr,p,nto abdnom Agreement poor earned nlyourome All 10 ebo
inwhlahlne&olr Aor® nti
hied a of yet eaed�t
a IS Amendmanlol Jolene Aero l: A PaMnpaM may amain
a unto John, Ag nen) to orange the Amount of
1 yW wmae w ro defended
compensation OF Such fundamen bot or to
open" r rekmn a gral to men Input
lions As mary moult from then sof an
made by M Employer)- Such ea Shallbecome
a¢ M the hrmon Of the emlenGr month
oing after the data the amendment l¢ moulal A
Parnownt may at any time amead his Jamar Agreement to
ange ttd Ben clary and xucn amendment
Si bemma n:niae lmmeemfelr.
5. mbied, latest AS added In Section '02, the
meantnwor wCompensationDeferrer or any
Pwrialmant for any pubertal Shall n of eweee lhlimarw
$7503 or 331/3 "MAt of the Participants Indudmla
CompmsMt , For the will
ardmaMy be ryulvaennm me IWal ole Urfi W or 25
Marconi of the Pamapanrx Nmmel Compensation.
5,16 4k6up pe Ileal Ion: For each of the last throat (3) tauNe
pant ending before his attainment w Norma
t Age. t w Deterred
Compn satlon anal bane lessonA (1)sm cob or (2) th
m of A) the normal umhle atem lot the tarn roan end IIp
that portion of Normal tint of the prix
payable Y® a Pe rOcip c acing After Iff
during whoa the P&Awas in apron a and the Participant
was eligible to partial ine and teat n any other pla
establishedunder t nal Nevenue Cade
by an employer within the Sam, Other ax the Employer) ba¢
the amount of Defended Compensation kr each such prior
bible y=t profit ing amounD dehrmd under Such other
plan). For purposes of this At 5,02 a Parflopoll a
Ineludible Compensation forth ... ran PAS1,11year hill b,
meell to Include any Deferred Comparmon for the
taxable year in exceper of the amount permitted under the
subm I .... y poor meaffifle year shall be boomed to 'I'lldle
any amount that Consed broke be" wNrr� under the Normal
Lumbeen to, such prior t�ble year
Surel Section �(b) Annuities For proposes, of seat III and
5 w, amounts contributed For the Employer on wheaff OF a
Principal for the purchase of an armety omtrwi described
in �lon Full of low Internal All Code Shall be
headed War If such al Constituted � Cmal
Iran under this Plan far In, tlllbll Yet, In Which the
contribution was made and all therapy ground the
Va. INVESTMENTS AND ACCOUM VALUES
801 Internal 0 DoMm Cem"n ion: All in end M
Participants Deferred Compewaian made Irylhe Employer
including all op" e s purchased with
amounts all buts W Ie Nemo, Nal bted wle
ProParticipwn
erty ants or a, sehe sonall sawriand all not tY tet mboe lullain trust he
lmemmm,
Employers obligations under the Plan asom parewil OrAll
bi Film ol�p��Odgl into Employer
glgQert9any claim PRIOR the EmEaRturceptal
genera
6.02 CrealingalA® ThOPNiC,PWCSAaouMehWIreflect
the amount
hw
end value of or other probably
a
obta pby the Employer through Ino invntmenl M the
Nnpor Oeferr Compensation. It Is entldpand that
the EnsourNe mvsstmenb with moat to a Partinpamwlll
conform 10 the
sat prdowm spacllbd in the
Panitlpanra Jolnder but nothing wrioniflaill try
can 0
eg
In, 01,110,111
I.,b
Panicip�t Shia'
ve pad man
o[ m. bomuantlY
Will ty.I¢howing theIMncubnm Anne Of his
Acrownt
ROd Aenplmro of Trami Pursuant to ana appropriate whiten
Agreament t accept n credit 10 A
Frodu ani§ Account mou Ms AwdNrmtl from owner
mal within the Same Slaw ren ung amounts held
by aueionbcaeligible Stills deferred
mmpstnpladsribedm en
an of Internal
Revenue codea be
ea. dee v,
`o lt�dae bo r, that theaterror mount of any rde�rml
be plan from wMch the trml made shad m taken
computing the oIN-up It dawn under
sectionc6W. f
S,W Employer LYLIIIIvt l n no avant MAD the Emaoy✓aliebtl try to
pay nmatb w a Prompa M u rte Panicle AdOX arae vaunt
n
OF �r short tube tliatble to arising From
depma the vwas of env m Framework
acquired under tin: Pane
VR. BENEFITS
1.01 Retirement Semi% ane Ektlmn an Separaun Irwin
: Eawt ate ametwbe All m thl¢Anmevu, the
distribution of a Funds A
ring the Abroad calendar m,nthcMOrthOCI mmtMPlOn
ane the Onto nation of
ce Fnrtemen{mea efitRetirement,
rare O.amade In =Cardenas with
we a1 the pr described ].
NMi
Othoweeng In, musel� the k e Padklpanldesa@
may
l rani
days b dewing Separation from Al
tohaveelthe aloerlibut�mn It banenN commands on adareOher
than that
on days area mel an: won eleallonn nm aaownla m
ening to the Empleyerana mtwamaa mere Admlmn,Mdr
a.ye anermemoae Of th, Plan Yea,ol
me not later
Reetiremam.
7,02 Pg wt OpWns:ReoovidedinEctionay.ol.T.omnd7.Mo
e al Fru Rcomm
May
ae.un one the
nnaollowing payment
ora o mama conautent with me
madelona tieforth in that
Sedan Tm: n
i) E A quarterly. M nnuel Or
Payments In Participant
UNIT is Account medico ieene
men One lump anon p arryl'a
IS) Approximately ncautedy. quarterly, aamannual
annualor ames,, calculated
o continue for a period
c. vn chl by me Porempard
Itll Peymenls equal to p menN made by IM1e issuer of
pri
ummal annuity pi
y the
er
lel lAny What payment optonlSpal rythe Participant
and agreed to lay the Employe,.
an of a Fragment orelon most be made at
least X any Shore the payment of benefits is to commence.
If a Pn[c,p,nt firm to make a an or a Payment
US ped monthly andel Potion Ice ebme
option, riod oul.e Sail.
70 Limitation an OpYme: No payment option may or neleded
by The Paritcroand u er Sermon 7M unions IM1e present value
m IM1e pay moan to me Panicpaan 1. daNmdnad as of the date
pen Mcommence. decades 50 mender M IM1e value of the
Paalolpu , Aurum ea of the date bWWIN commenp.
Present vara dTe s Seco .hap be
M Aar mile
epected
return Tref Regulationsve forth Tin -s on the Federal
Incomil f r any successor provision It
regulatpOnSF.
a m Death Rendlic Should ma proportion ale
ane, he has pagan to receive benefits under a payment
be ent hill the
BM&iciery fit
Made liabletoeaura of the Pana
me leace
rn
votes of any mmaining prylnenn undo, the payment option
mall m paid Ina lump am to she ®NN m the Benaflclary.
zpa % Mlrc em Deem RmefIN: Showa the Pammwm ale
More he hoe begun to receive the ceUM IS provided by
7.0 Di OIW: In the event a Participant becomesdlzWlM before
the Commencement OF Retirement benefits under SKIion
7MI, the
Ole el Ne payment
tiicebnn7 on of aMo
w ng a determination
he
tell day do In, drum
xOm mine onmual bet
Th. participate rovel Joe Such
tloomade w Ian a mwnable time after
the impairment whim todisability o<
Parmarant :uartotnaenzti.m
FryIl. engage aeLMtyiagartwiry n of anymWlcallydetminable
phe for
Monte
Impairment whim San be Separated to result m deem
orte of longoortheed and Indefinite duration. Th,
dlvbilby of any Participant map fix aetwmmm In
... action,, ,in uniform principles consisNntiy lied and
upon the brial of such medical of a the Employer
datums commence, and
len
7.07 ONaeeeeable Em WnGxeln tre event an unfmnewble
mermeency occurs, a Pards may apply to the Employer
1,r pan of me value IS
reasonably that
dto au n as
a Approved WhoE plover m¢ nmclpam mall
application
p a only Such needed as Employer Gema necessary
but Paythe ful ment pe
nt Snag not be made
10 the d
Federal ctaril n of deferral under the Plenin
other reimbursement. or loidmen Of other Assets sura
Fair The Made G Sena a Participant a Child to CollegedCollegeor o paPpurchase a
¢,Pec mem.
whatherrSaealn an Unforeseeable emergency COSTS beannual on the rivermy of each undir Case
VIIL NON -ASSIGNABILITY
No Participant or(drood swe Shall base any right to commute,
assign, pledge,
y prime ishereunder,coS payments ber the
nights . ne.>rswy declared o e non....Iignabley and non.
transferable
A ONRNIP TO OTHER PLANS AND EMPLOYMENT
AGREEMENTS
Th 9 Plain al 10 Odd 2100 to 005, Ol WIEBI'll Feel or
Se the
so Pat pre nebl a Employe' yees and
contained in this Plan Shall be
dammed R, creftelaude employmnt eem m
r egment
Will dry PatNldpmtany Gi of,, Or system, Nadd the Ernplow, Or to sire any
retained In the employ Of the Employer.
Nor Shallamm�m ped to moelry the leans many
employment contract or agree em Mwane Participant end the
Employer
X. AMENDMENT OR TERMINATION OF PLAN
The Employee mry eteM time amend this Plan Pravitletl That It
eo eer .ace ll thea e�dmamThew
esnam d.mh soon
OF not
hmt thhe'PemlmNno fsMs be
under no amendment
tinge or"munae
if it Oisamproves of such amendment. The Emplooreyer may of any
Far not th., The Imanat ¢nameto
the Plan bran mautment in w ting tapssmiI to@e Empmyerm
least 30 days before e efkctlre date of the amendment. Such
amendment NET become effereadve unall within Such Another
Period. eAaml,iWaor In writing that
iapproaes Such amenammt in which cane such amen imem
Shall not Ncama ellecrled In the event of Such biapproval. the
em under no obligation to continue acting as
AdminiNrem
on
Noamendmentt'n of the P all driest eny
rlmnent el any ng Ms wllfh ^e tW comperwhoon muscle
before the date of the amendment Or methanol
XI. APPLICABLE LAW
(ruse under the laws OF state where
me Emplov. tib llouled end is atwnnW with the lmentthatit
mM the rpui rments 0 an "eligible Stye defemd companeerldn
lan under anchor s . m w uecdaeof lR
amended L,a nm mmn reiice ferprelw
hall .n calif y»Io the vNmr.I.or, of the section
XILOEFR AND NUMBER
The
masculine parody WheneveruaM herein, erell'mcluw lye
tela tie pleasantend harrodudatne e¢
area ept
here theconfowulee ottral.
DECLARATION OF TRUST
of
ICMA RETIREMENT TRUST
ARTICLE I. Rom, and DNlnblono
SECTION LL 111
The rveme of the Trust creetM hereto ulne
CUS gtiv anliu¢I.
SECTION 12 Dellnitiow Wherever they ale Used al the
following terms Snell ace tnelowdeng respective meanings.
(e) The BI Try r,M loin Section 4 feel as
me 11
Ib) Derwria Comp ...tell
Plan.A mpfan
M by AP lis Subloyeno, melhu,pw.
orSendingo and other defended bene
in the pre Of tall 457 Of
¢pbl¢r w nu¢ Code of 104, mended.
(c) Guemnt eY In,e¢Imwt Comi AContract entered Into by
dneReTrustw
Retirement Trust with insurance companies than provides for
guaranteed me Of return on investments made pumurent to
seen Contract.
OR ICMA The morational City Mmnern nt Aswcladon.
(e) ICMNRO Toms Those Trustees elected by the Public
Employers who In accordance with IN provisions of Section
S.l lel Me f.are ¢I¢omembertal the Board of Dlmctorsall CMA
o, RC.
Ip InmstmenlM,,Ser.Thelnvealmmt Adviaertnatentm[ntoa
bell rely the STUr meal Trust to provide l rme wiP mspM
to
f the
roperty
fgl�loyer Trust A Trust
pursuant o an agreement
0n RC and A Public Empoi forth, purpose of Investing
and administering the funds se aside b
Cl On .v deferred ...Demi ageumends with ie
"Cloyea¢.w
Int Ponlolla¢. The Podolia¢ of invssMenta nobnanM by to
Investment Ad ...
n
to K Puh.m.m Trul
Wrier the
opereclul 1 theTrwtmo. for the Purposeof Provisions;
forygmenc for the Trust
ropshey
1(1 PASS Employee Trustees. Talose Trustees 011 ty In,
section 3 Employees who. In mt. are fuluiece empP
apO employees of is
0)PNIC EUIPfoy tot at any
.loy thereof,etFuffi.. government
Cad
Cotnd:.mmn Pled alnd Ms wool In oSeatanon of Trust.
IFI RC, The International City fMmgement AssocfNon
Retirement Corpn.
re
Tsll Mt,rMenl Trust The ted by the Oaclaetlon of
I1)rustT Roperly. Tneamdunta MldloIDReirem.mTruaon w �feonEmployersThe human ProceManauml'coinmulug
from the investment Civil Mnetd.
Int Trustees TM Public Employee Trustee¢ and Chill
xtedbytMPUNICEmplayersloaervemm.mMr¢of
the Board of Trustees of the Rtliem.nf four
APPENDIX B
ARTICLE IT Contra and Purpose of the Twat: Ownobylp nl Trust
Proust
SECTION 21. Chr ion. Me Rimm meat Trust 11 c used and
e¢YOldhad by mmmxec0ien of this OeolmAlo, of Trust MPeTrumm
and M1e Od,Cipaling forth, Employers.
SECTION 22. Pu the Natuna nt Trust is to
Ployus I, coPoxma ��h hcsrDe erred in",need
Pllane�T
Trust pare , n GuamntceL
m Lmlract, end en oter'Swam M. recommended by the
invenment Aama« unar the dependent of the Boom Of rusual
SECTION 2 3 Ownembipof Tma1 ProecM. The Trustees shell have
Property.Ilg i
legal title
ewneea Thum Property. N
10 The m
Public Eoviess Shall be the
e
ARTICLE IIL Trutm
um a„no ouangemmn of Trustees.
(ees a M1ell heoard of el Yilmheemployees o
ll consist of f a Fulll EmShelf
the Trustees
Pudic Employee Trusteeal w Suni by Employer
Public Employe ...Us... Trustee. The ,,ailing four Trustees
¢MII consist of Iwo persons who, at a of election to the
e,Mm of the Board of Direcbn o1
ICMA and tied Saudi atE&Tmemetectionember
Board o1 Dlrentor¢ of RC fine ICMNRCTrwtm). Oneo1
the who tdniRofi,dnrial:moR4etaatthetimeoW treds
employees of a Public Employer.
Ed No power may sal a¢ a Trwm for more than one term in
any tenywr Period.
SECTION 3.2 Elxllon end Term.
Cocaine
the mrttaOpp oin
ctpursuant
05Mo}5nsoLutMllbeleMN ot,,f,
p.uwalfnemeettoacco,deceWith the
an four n al
Ire At the Ihn a ell be
Rai fare
f three
Trustees
be
for term of tweed years and Pee Try Iwssuill reelectedlotIbe
term of one ire each Subeegpen election e
coal be ^Se year, and until his or her
pustule.
SECTION 31 ¢Nom adhere.
The
who
mn
Comfor anm.wlfo•ublia Nommn
Committee Shall Choose candidates for Ecl
Trul
the ropeureas D, M
n By -Laws
SECTION a.6 drummer and Dmpval
I,)A esignu s(wl edus
Unocal tfing)by long signed Who
Trustee and delivered to the Other Trul and Inch age,
,hall he afferille upon such delivery Of at a later deep aomrding
terms of e mme
etnnt Fay of me Truddes may be
mal m
r MIM. by a vont Of o modify OI the Publico
Employers.
IO) Elm Nbl,CEmplo Tmalxahellrasignh.60,trpmiticn
we Troelee when AXIS, days 011M duly on which he or ane wages
Is AS a lull -lime employee ora Public Employ«.
SECTION e5. V neo. Me tend of oXiw W a TrusteeShin
resumption, removal. ealud Shall a vacancy Incompetence capacity to
PoNolm eee11M1 me vacancy, the
nigTin 1 eaaMllappotnlda,Chparson WtthaVinlhebdisom,on
seegyauNw lotMlimiltltan¢«Ilendmthissedtonl, dserve
to, the .xprrim"dmn of the term If me Tmgl were ha¢resigned of
Otherwise eMO IO the a Trustee meeppomlmmt snag Modes W e
signed by a majority cnre T e pen
appointinstrument
d m sI Wine acme fyce of Tmlyl«IE.0 Puehc Employee
Trustee Or ICMNXC Trustee) erne person wn, nae cal to be e
Truste, An mM a Trustee may be m anowmamn ora
�. eater Auto by eared onnlemmtor resignation,
pro Ided toof
Inch ppomlmenl.hall not ¢ meanectim pnortosuch
or eom «9nHion. W of
Tri5«aeon 5mi 5. Me Trustmur ninlsuch vacancy is 0ffice maMJ1MsalllhaO nuas mber, grab haovided in ve
all the imposed Powers grantee to led x
Tr sts an a schargeL u
My this Gecluellan
eding the eexlnw of Such vacancy ce ed Mmilitarily
e A clan Instrument
he
Of
TfI
a encum s r
IM Of the sOf sumVunry.
SECTION 56. mT aServe In Repenenle w Cal By
I&W,Cn, each
Pul
Emptyuns Tnst«s elected by the uPum
bblic EEmploymOle eulovemeb le
0as,gens and representatives of the PANIC Employers collectively
ARTICLE n 01 Tmel
SECTIONO.f Pex
G...At Powers no Tonalera Shall have the powerto
P,e:rmn of the Trust and m unr on is opemiont suchwenlerme,
butahill not be fall fonts pawar la:
Tal re Ea yTustmlM1e Public EMMoy morfrom
Trustee o n Trust
(b) enter with an lnvaument'mien providing
ono o rthings'b In� open of the
n of the Goofs
t sed In nl Contral in
Such the Taml Poommy may betmmleldMemien M other
Ineargu forthi PropeMand thepaymenl olrea«wble
M Adviser and b any su o-bveslmam mviav
.Ines the
the im®fmom AMAAA.
lC love,teed the Advlve
on a ro.o � mlythecontractw. an
Tal In n the Tine ROPMY1n tnhee PonlMbe ted
Guars rteeleanln.®tment Contract and In any other investment
m,,m E Md by m Investment Adviat Its ser providal that ell a
Publoa Portfolios o0 n. Gu.,mmed InvestmenColeco,ine
Tru Ifss of lin Retirement MAN All invest such manes In
Accordance ,in Such a rmbnA
lel load such pomon of the Trust Property a«rash orcice
Sed gsnOTm an, l« memem
t m there Retirement Trust Created hereby, w,them
r offelit
ry
til accept mnm«euch Inentheyreard«madvieame
oop perm r«e r«,<pdd.e� WN, AS
meeees h emor dMr
ooplum lyoundn northerly be purchased as mvnMenla hero-
in w the, Company did as Not of Inv
ToUat any eodbeMa or n
opthe la be n..... In the name of In Retirement
nyln In
eeerer mtm, tom me hoe ka and r«om. orbre Tn.e«s nosh at mI
Me
that III such "Mrsamenn are a pini of the Trust
Pmperty:
lo) m acts Q"iWge, and delver any add all
o,,Mam and any and all other
they Aa oec.mWorwpmprl.mtocerWO,ttha
pawed Neteln marded.
III vondS,orotMrsec,dilM: tho,mrawal
or Moral Shal ser parva N attorney with or wit Mut power of
sublllullon: wmise may w n privileges subscription
rlmbey or Other cp�nn¢, andmakeencs ndo 1M
oppose, or ¢e panicipaten In,
Serpomte r and derauom orotherrn en gesFtltetl Ing company
delegate dconnecnary ar and Chad any
&IMMor All power Conan owner*,t relts sect Istoc stocks n tinny to the power of p owner with r«def m stocks,
pmpeen or omlyr prdpenv nate as pan OI Me mer
portvP
(i) an angemenl0 int goods or Mmk
eguir line IAMI wile the oMmtmn of the fleuromnl
True i but not Headed b, ouAmCOWIM1Cuemtl'am may
i � of Mminbuattra aervtus:
ton r borrow or the
riae money for the purpose of the Netbemanl
peer &I
.amu: robe o e AArmMD
Mount ofuck ernem lHa mall noelwnee M%Ifth, vmaof
Tw fPmppery.N Canon lending money to the Trate'
was the Argument,,Mthe money lent or to
Ins Myer in validity, npedbry prbry nor prcof aM such
m ingmun
(p inexpenseusrpuin forNeol ration Mthe
Mtlmment Trust and deduct Such evpenm from Me Trust
Property
(m) pry exWm properly alcombles to the Trust PM"
err«ermenWith the PoCempemeon Plans
or
teEmploynud
deduct Such exp«aea from that penion
eft he Tat Progeny banmcNlly owned by ted dam Empinnr
to whom III "",sea are prosody alAl
ml pay Out Of the Trust Probserm all MCI Cements prosody
useem room, taw and other mea of any and All kmm,h,,h In
the opinion of In, Tr,a S,, are p dedyMid. or aaewM
under
IIar MIAMI a, brute
laws upon, r in serf of, the Tnat
y¢uch beemod, a pproprtneaaouma:
(o) adopt, Merrill repeal ne By-uw¢. proddMmat wrn Ber,
Uses wtletimes consistent with the temp of Oemaraten
of Trust
bo employ Trustwith ne Rehr
etd.btrred bcmpard
are'.) r non ds of the ramni beyond, Code, tie
Ala al Pepen of the Retirement Trust And the
k and Other literature used by the
Retirement Trust ly
(d m of debt Obhgalum,
n including
Shen near nU. t at the current
mama meet
U) contract on. and did gets any pcwars granted hereunder to.
ivwSuch mice'. IlOMPIo Sr andiron and mtanneve AS the
fees Mayma ions luoiil That te'.Tu
¢I«s Maynotimpc0on
'grmer,
Murry ml Mlegab any powe'tt such eekgmfon would
violate herr fiduciary duties
(if Shall for Indene icknon of cXma'and Tinned of
Me purchase III mau'nm:
rv) maintain booker able moans, In msfor
cM1 Public Employer or Employer TrustAndsuch Meadow
r,dCopnsonrequired undr mucavmamweRmepeei
Plan of each Public Fornel sand
Rlso if Ithich whill take Yl such Shall I go and wil all
Slash rightsFord hegeks although net Fail MMi Fn
hall OF the Tru¢N¢¢ try e®m re BMor appropriate b
administer he Treat Pro"" am bmnynbthe pwpopearl
Rairemaof Trust
SECTION Alli. O n Of Trust Pbcetty, CoUsit w s Of Ins
That Pmy pe,SMI l be m W. too, on behalf of the Public Employer In
[chance warn the b Oelerree Ccmpenaetion Plana or
6. The Trustees Of the Potbwnmt Trust Shall M fully
poo«Ingnrmtlamg payments m a o,een®with tMeirechnvofine
Public Employer, lir me Trustees M the Employ✓ Ton¢ without
mewhi nether Such payments are an compliance with the
prandon¢ of the Deepard Compamehm Plana of the agreements
creat the Employer
[TION a9 Execuum M
b ad
may
sydalgna rn n
amMhellcetlngbm
signing or
endorsement
applocationS, insurance of any hack,I
nervation of
aim
designated Trustee on Trustees havemeaamelorceandeffetlesif
taken by IF this Trustees.
ARTICLE V. back of P+n and Liability Of T iOft
SECTION 5]. Duty of Care. In exvcuNg the powers hereinbefore
granted to the Trustee. the Trustees Shah garment it atla w,thin neir
Emony,the . ne ¢ purpose If pmldang beP
ployers.annmol perform a ¢,lnprudAnd ence
merc rehen Pmvailmg hal prudent poison
acting in like uW,ly and famhaar with aachmatters womd Foe In
,ended b,p,Ne of a like character and with line sane.
SECTION s.g. Liability. The Tmaba shall net be name for any
ml of locarmiant . Meter anion taken in gone bathe and for any
reliance m good felt pan me Wnka M
�ount or eMMr records of the Retirement Tol upon the opinion of
Shall Or upon repoh¢ made to the Rtlimmmt Trust by any of its
officers , or by thea
investmenm adviseraccountantsappeared;
oorrAM K extra So
traYauSo
mdurps all Sultan reasonable are by the Tnstm¢Bolflwr¢a
employees Mg, Retirement Trust The Trustees hit Laenot be, She
gotten less sustained bytheTrust PmpmtyTym¢on starry Investment
made in good faith and I, members with tbemndam Ofmmatfonn
In Soo," E.t.
ACTION sal BoM. No Trustee shell be obligates to give any bona
hother emury be the pannrmence of any M his or her duties
ereunder.
ARTICLE al. anguli Rapt lo sherehobeM
The nually Submit to the Public Empl akar, a written
all ofnthe rtamctlon¢ OF the Rtlhemmttmat 11 111,119 frranoial
be Ahmed by independent public accountants
chose, by the Tr�u:Meis.
swTIONOL wilhnrawal.APublic Employer may, assay time. with
-
draw (Man this Retirement Trust by delivering to the Board ofTm¢be¢e
staNmentWtheefNet The withdrawing Public Employers beneficial
interest In the RAh@ lit Trust Shell be paid III Public Employer
or W the Trustee of the Employer Twat ee appropriate.
SECTION
Duration Retirement That Shall conMue Fail
nEtby the lots of a m o of me P1bI1I rouy
ingone ol e ell of the Trust Property FM1el be
col
M1e Public EmployertortheToneeaoftheEmployer Trusts,
appapargair
as
SECTION] d. Israel lot The Retirement Trust msy be amended
by mul of, respriy of the PARIS Employersffech casting Feel.
SECTION T4.
Pdend me
vurctbedy�oN^cvrnMblpyrslatemsnotcTrvt�sa zofia
petition repo ®one a vote, signed by oatlzuhan 2E» of the Pl
Employers, ra reaninee to the Telera..
l.
SECTIONS'ILO w. Except as ctheMISO required by nab
or III IOW this o
tutee shell be construed and regulated by the III the Dearcrof
Cdumbia.
SECTION B.g. Counterparts. Than Dualmocin may be executed by
he Public Employersl tai M1of
which shal A deemed an oragrall but el
of which together shall
conNlure one and the amain ours .
APPENDIX C
TRUST AGREEMENT WITH
THE ICMA RETIREMENT CORPORATION
AGREEMENT made nr aEmploy, named an that the Employe, may sited 111mren by the
Attached ml and to annemv Tms among av Ilabla mPrOpe,ti
Corporation perornaXer s Fp t"con with l6 delewedw
Corporation Oni
)elnommeit corporation arganlzed"Normlal uMxlhe mWbnn¢amphowesF eeTruat Fuob
laws at the State M purposes( l Wmainpand oerrwise may ary Commingbo win Trust Rural eat called by other Employers
adrninhoing the t ands ser elle by Employers In mnnMion wiN amount to the myrre of the ICMA HNIremeoTrust. lnvMmentpw
leekrr pa n plans"MMIsunder Moral 1 a1 the vttbn
tlte ae Truby the n may be delayatM by the rrugee to
Pressing phetl Raymond Once 111950 she' CpeS This Agreemenl¢ell lake omW^% or any mvneent advisor,
aMaake upon sell 11 by he Truman of to althssatxete In tthe
manner or agent n•enae be t
he
ached real
ERE .te Empl%eMeaokbenedade rre compnsationplm
,nal Wall y Of the Ccae (the "Plan H
WHEIREFES. 1 Order that them in
bAll funds cera le to
dmotharm the Employxe contractual ablimlloe under the Plan. the
Eamplower xmdiul ly emounv qua under ambient
a
of dalxaid
W HERan EAsn!e funds we abode, fagamxwimsty and all mvakdetivad
from the investment transfer are to be"Ohniverytui ^ the domlNan,
comers, and chip of the Employer. Amid subject to the Employeh
dnwal, no empl%eea mains my imerebt
Whatm +errare of sen
m
NOW, THEREFORE, this A9mment w,t a S01h that lar the Empl%er
manner to the Trustee to K pieced In means mrnpmalim
Ed the Eirp oamr, for the Trustee oovenank that It sell hold
coos sit other this whim n may,ac
a, the used ane conemons
hereinafter stated and red theheretoagreea, Show,:
ARTICLE 1. Shall
of led Parolee.
Eastern L small Duly of the offemor. The Rache antll make
reactor iodic me rota all to the emants o ib empl%w
re decreed in orNna and
conditions of the Plan to the exteralwauhamounb steel nv.RW
,most sedan 12 shavers! Frank of the Trustee. The TmAke Shall M1aia all
funds local by It
i which. together
Income
hold o strfe the Trad Funds. Itffi Il bdmliniateerthe Troll
ro."odrm.e .as payments therefrom,allowhele,nalteoplkichoi aThe pl,e1pauall Trust Fund. which
of Trustee ber the Employer nom existing
orgdmaon45ti.ngemst,With Its
mer plans
carbon the eash Thrit all
be Smash
to ell of the term, and prowucnb of this Agreement.
ARTICLE II. Powers and Dplka M In, Truae.n Nmlmanl,
ad
sumiriall ane Rltmmanl of Trust Funds.
Sal 2 m Powers and D m of the Tma Tn
Trustee Shallhavethe power to invest and recall the primmal and
recom, of eep tem Trust Fuma Intended expert
n Fundsand
and mama n Ater
property, heal or pepersonal. weenier situated, including, . t notmnmited
to took,, cm,ni odic. gena other bmdn and
.ea� .nmra
separate investment
difent types alnffunds llnpuon9"nor geld Income)
Section 2.2. Admmldrative Powers of the Trust, The Trust ... real
base
Me discretion.
(at pumhese aecunime Or Other
property and to Mein litesameain 4uvtry
E) To ell, =bass, amry, preheat or otherwise dispme of
any secudrm or other Property
a held W it, by Monte commis. or
WundWWtu apol»eros ItMpumhmemao�eyodo assure
!me
emre
to to v ition evpMlanry, or pmpnetY of any such cele or
either
lq T lots upon a" cod:. bona
general lots
speclal provua or rywen of mm n...
e unless
ith orWell
power o any conversion p Ivllegµ
aubacrieamn rights or otheropbans, and to make any payments
m identwhicre�tn for opP or to ansa
n,d orporate oreorganlratl lea no m he .chances
affecting corporate s eleg0e dISOr ovary
se charges
rnvilnrxnd se^ onhe'yovare of.
owner F4 bands swoon" or other properly
sell as put of me Trust Fund,.
(or To cause any .... roes or other propeM held AS pen o the
Trust Funyl to
Ee regicered in Itname, ad own naend to hold any
be book. and ^code elf the
n.0 M all llmx Show test such mvmtmenlsanapan
of the Trt Is) To barrow oreai.a money for the purpose 11th¢ Trust in such
amount and dmrsste
dnlanaTFeelue
make advisable add mny sum so thearroweed, to
issue
pm re
sethe repaymett thereof
bypledgl ga4eor any Pnt,ome Trust Funds Nopertonlending
emanebo.nammtha,pphcatmnmthe
hey len or to require intoits reatlity. expediency or prapekly
of ing.
mar n of the True Funds In cash or oto
elms vetMTmstc.lrom nmefonme, maymemmm mthe
best Interest of the Trust created hereby, without liability he
inn
cent theraidn
(me ra:.rot and r am roe auto time AS It may deem mi
any memories or other property maxed o6Bagmred by IT as
Soon miee er
property Wouldf ormtlty ba purchased as m hereunder
Ito r edge. and Mutual any and all
daooen skoi transfer and wneeyance and anyandan other
powurrentnngmaetybe ne waRorappropdalefocarMmtt e
(i) To submit arbitration
debts or mag« due or owing to or from the Man FunlEgmo
counnyearaboor markmany¢or legal or ndmmlarmrlveproceMings
and torepresent rFoodandhe Told Foods In all ¢dib alegal and
administrates oeedm«.
w T such proceedings. Successful all
main rights and eIVI oW, etueough AmspmmmlN mmhonea
herein. in the Trustee may mry to administer the
Treat Funds and to carry out e purpose¢ of this Trust.
Emotions 2 from M Trust wnbe The Employer
some eppolm n agent for a purpose of making
home
b human
r and
conditions Set earn An the Plan Funds
guide and regard
team
pointer
section aa. Valuation or Treat Funds A
Valuation pries designated by talkhose¢ the Trvn«¢Fall doW mine
velueoftheTusl Funtla. PasHecltne Tmsl FundSeholll¢valuedat
their
obwnca cllw
readily aanble
vmums AUTO A lose AS amemo vales es v oe Tranter, on the Vachudsm puatee ¢ball
deetermine, In accorden[e your mmlnds mnementir release and
uniformly epi
un"TRUE Ill. Fm Prometbn of Tme .
Section 3.T E a W Andes by Employer. me Trustee may raw
open any camormate
e noticenoticeor deaden preparing to have been Signed
on behalf [f the Employer which the Trustee belinn to hope Men
signedyadu
lydognaWdaO,o,ald Oelorina binding upon rhe Fuasinunit they
Shall are
rM by the
RWan 33. 0dv1m of Common The Trustee coq amult with any
lose) Counsel ,to meant to Is Air®
oTo'axoe[mb,dna ondi
duties uYnce n%
any schen taken or omu«rM in good rally memory o
suchasation 3.3 m ooleafynmoand
¢hidlomms, emnot flberanueacEgmert
or other actiontakers in good faun. Teta Trull«anallnot Mllabler[rany
loss sustained by the Trust Funds my rem
good hour and in wooM&n[e win the per
osel Of this t
Agreement
evpnemlypmposed Upon prey mTv Agog n. tions shall as Irmrne m m«e
ARTICLE IV. Tana, Eapenma and Component or TmM.
Ne3T on FUM¢ano. ,lid uU fromandoMgaagainet
wm[n lM Uu S a hyraxes on the Train Funds or the Inconsistencies
repmremo centctM,,mratorany
person memos.
Sambre a.z. E.Ponxee. The Trustee shall demur uom and charge
aramnm Tun Funds an reasonamlaexPonse¢incurred W the Trustee
the administration of the Tran Furell Sou mel. agency.
anallkeepcarm
and detailed accounts tnof611 n�vestments neemeim.diabumemenp.and
mean Consensus, m nd,
When ninety hem days After the Any, of each limit year, talk Trustee
shm theraider in duplicate M the Employer a, account of and
Its
ensu be
angled
«oVa�iOnS 93 Troops erwon of
Such Tun Funds ¢hill be
:uemm.dn with ase int«mpornm In the account.
II wiN in ninety am days after the mal ling of the acral or any
ended Sol the Employer hasnot riled wlththe TrusmnM,mor
transactionmy inkintmer to any of the Trestre. the account o,
ttd. Ifenyobleuion MS
amended
sena lfnthe Emplbecome 91lfiOlnaumoulabewhndrawnor
if the nt ¢adwned tome EmpobersaaMKnon, me Employer
writing
m
flied with eTmtw¢ignilyappuval olmeraount and
it Shall boecame an mauat ¢anted.
When an amount bxomea an ec[ountStated. Such account shall be
usually aNlleb and tM Trustee shall be «mplemly discharged antl
. u Such ar mnad;m mnledandalloxee o aloa9me
oldeceays 09 11
of minnenlad v ding
In whim the Tr and the Employer .
The Thismark Shall hear e right to apply al any time to a court of
mm sent juml for one III mlllamMt Of no acl
AIRTICILE n. eelentlon em
and nuaa of Trum¢.
Rasion 6.1. lieaiarmion W Tune. The Trustee may resign seamy
loan by filing arm the Employerid written mipnamen. Each nomination
shall take aided 1COm days For me deo of Such filing and upon
rmrpoccu
fax echo, pun«u l to So 61. camosom abut
Seclidn 6.2.. Removal If Employe may ram the
Tune¢ of any time by appal rep o the Trustee a written ngi[�f o
[intentact ad m a waawr punuent to Ballon 6.3.
Each n oealshall not teffect oprior to Slaty (80) days from wen
the Trustee. tae, an Iter f ver dare.
Rasion 63xAppointment ot Sumb or Teappointmentot
lake offers wofkcl upon the delivery to the
Trustee of W a,
1i In writing uy the Employe,
,acka log soon s rens s
liability for the of ib c anee (A)an
acceptance
All An the pol set form iherein hotMTm.
respect nmahell
relate to each
h rhSameform antl ¢tat a it itch
auc orhad been Trustee under
If , Successor is Iappatled With Sill(00)
de
gives 'Nice n
Of its re ignalicn puuem to cal 61 .The Trustee mry
aepl�y he an could of comp ent lunxmmmn loappointment of e
x Section Be, Tnmleml Fundso Burnam. Umnlhem ignatiend,
Accounts ohne Trustee and accountants of a woo r, and sleet the
Trustee has been III Settled, the Tmme mall
wand Sales any of rho Tun Funhunvolved mxnm successor.
o ARTICLE all. YurWn and! R moon of Toon Agement.
Becton 7.1. Duration and Neve[Tion. This Trust anal continue for
itch time rants h IN purpose lm Which it
Was Created but may terminated pile W. antiebym
Emplomeas tmlm tto,,yy,ndforreel or
tOMnlclpatin Empldyem.
deneser ce of Such termination or remcedon atoll be Other, to the
Tritium by Employe. Upon termination[, Frox ion M the Treat
all of the and Iden to the Employer
.
M mm
Termi
ns[nfroing O shall return
ateriam oldie
Employe ud, with the
to Pomallan to
Employer,, a mmen with macheyea the
Amendment The ilpouter edg ,ameM
this Ape whole amendment
I' Oil but omr shall
uumatwnfmn
cemem.Any em ammdme instru anomer Amendment. upon hal(tothe
to the written in a he t
ntmym i Twine M awn :Ibembmtremdme�� ret memo.
endorsement
ARTICLE VII I.otusof the DI
Beclien an Laws of me pby c Of Columbia to concern. an
",farGrMMMt and me Tutl MrMy opted shell M con¢Inetl and
",farm by maIps[l the
plu inn, ofe I dna ie.
Si n63.BUWSthe�ol Employenm Who
Shall Personal Smany
personvenox of the
MEployer nntiveno menbr Mcnmea as bunt
the WliAll Wl [I one ll Me Empirical umn me Fm n.
oR to time.W orat
mat at any time, dMfrom
time dndn aalw,gon antl cl strut Fu oda eeemd by ml¢
Agreement le,
Samoa ea. cenRr and Number. The m .ecludu the
mmmeand meimula,mcmm the pmrawmwne.o-Wut®
another meaning.