9. #R7172 Temp. Reso. #R7172 approving the adoption of the Public Agencies Post-Employment Benefits Trust, as administered by Public Agency Retirement Services; approving the use of the trust with the assets to be held in trust; approving the Administrative Services Agreement with PARS; ("PARS") approving the establishment of accounts and sub-accounts as necessary; approving the investment policy for the investment of the assets designated and invested for Pension Stabilization, and/or OPEB Stabilization under the administration of Public Agency Retirement Services. (Financial Services Director Kevin E. Adderley) - Miramar, FL

Meeting: CITY COMMISSION REGULAR MEETING on 2020-10-28 7:00 PM - REVISED

Meeting Time: October 28, 2020 at 7:00pm EDT

Note: The online Request to Speak window has expired.

The online Comment window has expired

Agenda Item

9. #R7172 Temp. Reso. #R7172 approving the adoption of the Public Agencies Post-Employment Benefits Trust, as administered by Public Agency Retirement Services; approving the use of the trust with the assets to be held in trust; approving the Administrative Services Agreement with PARS; ("PARS") approving the establishment of accounts and sub-accounts as necessary; approving the investment policy for the investment of the assets designated and invested for Pension Stabilization, and/or OPEB Stabilization under the administration of Public Agency Retirement Services. (Financial Services Director Kevin E. Adderley)

Legislation Text R7172 Public Agencies Post-Employment Benefits Trust with backup R7172 Public Agency Retirement Services (PARS) TR 7172 - Exhibit A - Administrative Services Agreement-2 TR 7172 - Exhibit B - Trust Document - Public Agencies Post-Employment Benefits Trust Agreement TR 7172 - Exhibit C - Private Letter Ruling (PLR) by IRS for Public Agencies Post-Employment Benefits Trust as administered by US Bank TR 7172 - Exhibit D - City of Miramar Investment Policy Statement (ISP) for Trusts Administered by PARS TR 7172 - Exhibit E - Opinion Letter by Lewis Longman Walker - Participation of Florida Local Governments in PARS Public Agencies Post-Employment Benefits Trust TR 7172 - Attachment 1 - Sole Source Statement by PARS