TO: Mayor and City Commission
FROM: Cale Curtis, City Manager
DATE: November 20, 2024
Title
RESOLUTION - APPROVING ESTABLISHMENT OF A CITY FUNDED 457 ACCOUNT FOR CITY COMMISSIONERS; PROVIDING FOR ANNUAL CONTRIBUTION AMOUNT; PROVIDING FOR ANNUAL INCREASE; PROVIDING FOR A PUBLIC PURPOSE; PROVIDING FOR AN EFFECTIVE DATE.
Body
BACKGROUND: This agenda item provides for establishment of a City funded 457 for the City Commissioners, as discussed at the November 6, 2024 City Commission meeting.
RECOMMENDATION: For consideration by the City Commission.
FISCAL IMPACT: $25,000
CONTACT PERSON: Cale Curtis, City Manager