IN THE COUNTY LEGISLATURE OF JACKSON COUNTY, MISSOURI
Title
A RESOLUTION authorizing the County Executive to execute an Addendum to the Agreement with Cheiron of McLean, VA, for the furnishing of an actuarial study related to the Jackson County Employees’ Pension Plan, at an additional cost to the County not to exceed $8,000.00.
Intro
RESOLUTION NO. 19658, November 20, 2017
INTRODUCED BY Dan Tarwater III, County Legislator
Body
WHEREAS, by Resolution 19447, dated April 3, 2017, the Legislature did authorize an actuarial study to determine the cost of an increase to the benefits of certain associates within the Sheriff’s Office; and,
WHEREAS, Cheiron of McLean, VA, was selected by the Pension Plan’s Board of Trustees after competitive solicitation to provide such services to the Board; and,
WHEREAS, the Legislature has requested additional calculations relating to this actuarial study, at an increased cost; and,
WHEREAS, funds necessary to meet this obligation will be partially paid, in the amount of $3,000.00, from the Legislature’s budget, with the remaining amount to be paid from funds in the custody of the Pension Plan Board of Trustees; and,
WHEREAS, execution of an Addendum to the Agreement with Cheiron for this additional study is in the best interests of the health, safety, and welfare of the citizens of Jackson County; now therefore,
BE IT RESOLVED by the County Legislature of Jackson County, Missouri, that the County Executive be and hereby is authorized to execute for the County an Agreement with Cheiron, in a form to be approved by the County Counselor; and,
BE IT FURTHER RESOLVED that the Director of Finance and Purchasing be and hereby is authorized to make all payments, including final payment on the contract and addenda thereto.
Enacted and Approved
Effective Date: This Resolution shall be effective immediately upon its passage by a majority of the Legislature.
APPROVED AS TO FORM:
___________________________ _______________________________
Chief Deputy County Counselor County Counselor
Certificate of Passage
I hereby certify that the attached resolution, Resolution No. 19658 of November 20, 2017, was duly passed on November 20, 2017 by the Jackson County Legislature. The votes thereon were as follows:
Yeas ________9_________ Nays _____0________
Abstaining _____0________ Absent ____0________
______________________ ______________________________
Date Mary Jo Spino, Clerk of Legislature
Fiscal Note
There is a balance otherwise unencumbered to the credit of the appropriation to which the expenditure is chargeable and there is a cash balance otherwise unencumbered in the treasury to the credit of the fund from which payment is to be made each sufficient to provide for the obligation herein authorized.
ACCOUNT NUMBER: 001 0112 56790
ACCOUNT TITLE: General Fund
Legislature as a Whole
Other Contractual Services
NOT TO EXCEED: $3,000.00
The remaining balance sufficient to provide for this obligation will be paid from funds in the custody of the Pension Plan Board of Trustees.
_______________________ _______________________________
Date Chief Financial Officer