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RESOLUTION NO. ;3 -'7
A RESOLUTION of the City Council of the City of Port
Angeles authorizing the use of the reserve account
arising from matching contributions of the City to
the Statewide City Employees Retirement System.
WHEREAS, the City of Port Angeles has accumulated with the
II Statewide City Employees Retirement System a reserve account of
!' released matching contributions in the amount of $80,383.20 as of
"December 3l, 1964; and
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WHEREAS, the City may under the authority of R.C.W. 41.44.200
authorize the use of all of these funds, except for $4,000.00, to
apply on any charges made against the City by the Statewide City
Employees Retirement System; now, therefore,
BE IT RESOLVED that the City Council of the City of Port
:Angeles request the Statewide City Employees Retirement System to
,use its reserve account up to the amount of $16,290.00 to apply on
:1 any cha:rges made against the City by said System, commencing
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IJanuary 1, 1967.
I PASSED by the City Council of the City of Port Angeles and
approved by its Mayor at a regular meeting of said City Council
i held on the 16th day of February, 1967.
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I Atteit:
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Mayor
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City Clerk
[IApproved as to form:
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City At .' ney