121.2002
RESOLUTION TO APPROVE ADMINISTRATIVE CHANGES TO
DEFERRED COMPENSATION PLAN FOR TOWN EMPLOYEES
RESOLUTION NO.: 121, 2002
INTRODUCED BY: Mr. Tim Brewer WHO MOVED ITS ADOPTION
SECONDED BY: Mr. Daniel Stec
WHEREAS, the Town of Queensbury has previously adopted and currently administers a
Deferred Compensation Plan for its employees, and
WHEREAS, the Town’s Deferred Compensation Committee has recommended that the Town
Board approve certain administrative changes to the Plan as delineated in the document entitled
“Administrative Regulations” with an effective date of February 26, 2002 and presented at this
meeting, and
WHEREAS, upon deliberation, the Town Board has concluded that it is prudent and
appropriate to make these administrative changes to the Town’s Deferred Compensation Plan,
NOW, THEREFORE, BE IT
RESOLVED, that the Queensbury Town Board hereby approves of the Town of
Queensbury’s proposed administrative changes to the Town of Queensbury’s Deferred Compensation
Plan as described above, and
BE IT FURTHER,
RESOLVED, that the Town Board authorizes and directs the Town Supervisor, Town
Comptroller and/or Town Counsel to prepare any documentation and take any actions necessary to
effectuate the terms of this Resolution.
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Duly adopted this 25 day of February, 2002, by the following vote:
AYES : Mr. Stec, Mr. Brewer, Mr. Brower, Mr. Boor, Mr. Turner
NOES : None
ABSENT: None