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RESOLUTION NO. 99-2009
APPROVING AMENDMENTS TO THE TOWN OF DANVILLE DEFERRED
COMPENSATION PLAN
WHEREAS, the Town of Danville (the "Town") has employees currently participating in a
Section 457IRC, Deferred Compensation retirement savings plan administered by Lincoln
Financial Group; and
WHEREAS, the plan must be modified to address changes in federal law and IRS
requirements; now, therefore, be it
RESOLVED, that the Danville Town Council approves the amendments to the Town of
Deferred Compensation Plan set forth in attached Exhibit 1 which is hereby
incorporated into this resolution; and, be it further
RESOLVED, that the Town Manager is hereby authorized to execute all necessary
documents prepared by Lincoln Financial Group necessary to implement this resolution.
APPROVED by the Danville Town Council at a regular meeting on September 15, 2009 by
the following vote:
AYES: Arnerich, Doyle, Andersen, Stepper
NOES: None
ABSTAINED: None
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CITY ATTORNEY (
APPROVED AS TO FORM: