03-148 Resolution No. 03-148
RESOLUTION
DESIGNATING OLUFEMI 0. FOLARIN AS THE AUTHORIZED AGENT
FOR THE ILLINOIS MUNICIPAL RETIREMENT FUND
BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ELGIN,
ILLINOIS, that Olufemi O. Folarin be and is hereby designated as
the authorized agent of the City of Elgin for the Illinois
Municipal Retirement Fund.
s/Ed Schock
Ed Schock, Mayor
Presented: May 28, 2003
Adopted: May 28 , 2003
Omnibus Vote : Yeas : 6 Nays : 0
Attest :
s/Dolonna Mecum
Dolonna Mecum, City Clerk
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G` .„ ,,, City of Elgin Agenda Item No.
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May 9, 2003 an11 : _ i�
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FINANCIALLY STABLE CITY GOVERNMENT
EFFICIENT SERVICES,
TO: Mayor and Members of the City Council AND OI.NLIT Y INFRASTRUCTURE
FROM: David M. Dorgan, City Manager W
Olufemi Folarin, Assistant City Manager
SUBJECT: Appointment of Authorized Agent
For the City' s Illinois Municipal Retirement Fund
(IMRF) Plan
PURPOSE
The purpose of this memorandum is to provide the Mayor and
members of the City Council with information to adopt a
resolution designating the Assistant City Manager as the
Authorized Agent for the City' s IMRF pension plan.
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BACKGROUND
The Illinois Municipal Retirement Fund requires that a
participating Municipality appoint an Authorized Agent through
the adoption of a resolution by the governing body. The City of
Elgin has historically designated the Human Resources Director
as the Authorized Agent with the powers and duties delegated to
the Authorized Agent pursuant to Sec . 7-135 of the Illinois
Pension Code by the governing body.
With the duties of Human Resources Director being assumed by the
Assistant City Manager, it is necessary to pass a resolution
appointing the Assistant City Manager as the Authorized Agent
for the City.
COMMUNITY GROUPS/INTERESTED PERSONS CONTACTED
IMRF
FINANCIAL IMPACT
efitAL
None.
y�t
Authorized Agent for IMRF Plan
May 9, 2003
Page 2
LEGAL IMPACT
None.
ALTERNATIVES
None.
RECOMMENDATION
It is recommended that the City Council approve and adopt a
resolution appointing the Assistant City Manager as the City' s
Authorized Agent for IMRF.
Respectfully submitted for Council consideration.
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Attachment
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M NOTICE OF APPOINTMENT OF AUTHORIZED AGENT
R IMRF Form 2.20 (Rev. 6/02)
INSTRUCTIONS
• Appointment of an Authorized Agent is to be made by adoption of a resolution by the governing body.
• The clerk or secretary of the governing body must certify the appointment (see Certification below).
• Mail the completed form to the Illinois Municipal Retirement Fund.
• A copy of the completed form should be retained by the employer.
• If you have an Employer Access account through IMRF Online, you will need to update the account profile to reflect
this change.
Employer Name Employer IMRF I.D. Number
CITY OF ELGIN 3347
Authorized Agent's First Name Middle Initial Last Jr., Sr.,II,etc. Social Security Number
Mr./Mrs.
DrJMs. OLIIFEMI 0 FOLARIN 297_— 50– _9831_
Type of governing body
MUNICIPALITY
Date appointment made Effective date of appointment Position Title
May 28, 2003 May 28, 2 0 0 3 ASSISTANT CITY MANAGER
Powers and duties delegated to Authorized Agent pursuant to Sec.7-135 of Illinois Pension Code by governing body(the Authorized
Agent must be a participant in IMRF to file a petition or cast a ballot):
To file Petition for Nominations of an Executive Trustee of IMRF ❑ Yes ❑ No
To cast a Ballot for Election of an Executive Trustee of IMRF ❑ Yes ❑ No
May 28, 2003
Sign. Ire of Aut'•Fized Ag- t Date
Certification
Dolonna Mecum , do hereby certify that I am Clerk
(Name) (Clerk or Secretary)
of the City of Elgin
(Name of Employer)
and the keeper of its books and records and the foregoing appointment and delegation were made by resolution duly adopted on the
date indicated.
SEAL
Signature of Clerk or Secretary
Business address All correspondence and communications with the Authorized Agent are to be addressed as follows:
Name(if different from above) Position Title
Mr./Mrs.
Dr./Ms. OLUFEMI 0 FOLARIN ASSISTANT CITY MANAGER
Business Address Telephone(include area code)+Ext.
150 DEXTER COURT _847 931 5614
City State and Zip+4 FAX(include area code)
ELGIN IL 60120 847 931 5906
Illinois Municipal Retirement Fund
2211 York Road, Suite 500,Oak Brook Illinois 60523-2337
IMRF Form 2.20 (Rev.6/02) Service Representatives 800/ASK-IMRF
www.imrf.org