Loading...
HomeMy WebLinkAbout1994-30 Adopting a New Trust Agreement Pursuant to Town of Vail Employees' Pension Plan ORDINANCE NO. 30 Series of 1994 AN ORDINANCE ADOPTING A NEW TRUST AGREEMENT PURSUANT TO TOWN OF VAIL EMPLOYEES' PENSION PLAN AND SETTING FORTH DETAILS IN REGARD THERETO. WHEREAS, the Town of Vail has adapted a Trust Agreement pursuant to the Town of Vail Employees' Pension Plan, the effective date of which was January 1, f 983; and WHEREAS, the Town Council wishes to adopt a new Trust Agreement which sets forth the details of implementing the Town's Pension Plan. NOW, THEREFORE, BE IT ORDAINED BY THE TOWN COUNCIL OP THf~ TOWN OF VAfL, COLORADO: 1. The Town of Vail Employees' Pension Plan Trust Agreement which is attached hereto and incorporated herein by reference is hereby approved by the Town Council of the Tawn of Vail. 2. if any part, section, subsection, sentence, clause or phrase of this Ordinance is far any reason held to be invalid, such decision shall not affect the validity of the remaining portions of this Ordinance; and the Town Council hereby declares it would have passed this Ordinance, and each part, section, subsection, sentence, clause or phrase thereof, regardless of the fact that any one or more parts, sections, subsections, sentences, clauses or phrases be declared invalid. 3. The Town Council hereby finds, determines and declares chat this Ordinance is necessary and proper for the health, safety and welfare of the Town of Vaii and the inhabitants thereof. 4. The repeal or the repeal and reenactment of any provision of the Municipal Code of the Town of Vail as provided in this Ordinance shall not affect any right which has accrued, any duty imposed, any violation that occurred prior to the effective date hereof, any prosecution commenced, nor any other action or proceedings as commenced under or by virtue of the provision repeated or repealed and reenacted. The repeal of any provision hereby shall not revive any provision or any ordinance previously repealed or superseded unless expressly stated herein. 5. All bylaws, orders, resolutions, and ordinances, or parts thereof, inconsistent herewith are repealed to the extent only of such inconsis#ency. This repealer shall not be construed to revise any bylaw, order, resolution, or ordinance, or part thereof, heretofore repealed. INTRODUCED, READ AND APPROVED ON FIRST READING this /~ day of ~jp~m~~, 1994, and a public hearing shall be held on this Ordinance on the f„~{-~ day of ~t-.?.~,Ph! , 1994 at 7:30 P.M. in the Council Chambers of the Vail Municipal Building, Vail, Colorado. Ordered published in full this /5~hday of 11.t3~Jt , 1994. ~~ argaret A. Osterf s, Mayor ATTEST: Holly L. McCt,~tcheon, Town Clerk INTRODUCED, READ AND APPROVED ON SECOND READING AND ORDERED PUBLISHED UU ~t~' ~e Bn. t-i-1 this ~~ day of ©E~,Q.1?t.~~ , 1994. Margaret A. Osterfoss, M yor ATTEST: Holly L. McCutcheon, Town Clerk ~m Q (D ~ ~ ~ -} ~ ~ ~ ~ ~- o C7 Q `'; , o Q O ~ fl ~ Q ~ ~ ~ O -~ ~' a ~~ -~o a ~, fl o ca 0 Q c ~' n Q . 3 ~o ~ ~o c . ~ O 'd ~ Q Q N ~~ ~ Q. ~ CAD ~ Q ~ ~ ~ - j~m ~ Q~ m x m a ro~ ~ n m ~ C o~ o ~~ m -~~ m o ~~ Y -~, ~ m ~ ~ ~~ ~~~~~~~~~~Q~~- ~ ~ Q c ~ m Q ~ m ~. ~. ~ ~ ~ ~ `mom °-ff~~-~oQ~°a~~z ~ N Q Q o~~ o~ Qc~ @ o Q 0 X ~ -„ O -+ ~ ~ ,~ cD O ~ ~~ ~- ~ ~ N 3 Q O ~ ~ ~ ~ cn ~ in rZ Q (7p ~ (p d O ^ ~ Q ~Q ~~~~m~om~~.~o~_a ~ Q .4 ~ ~ ~ ~ ~ Q O ~ ° ~ cn ~ 3 ca ~ Q "~ o^ -~. Q w Q W~ .~ y ~flroQm,~o,~ro~~-O~m ~ ~ o ~ ~ ~ ° Q ~ ~ ~ ~ ~ ° o m ~" ~ o o ~cn~~~~?.~~~~~~ o ~" Q Q o~-~, 0 3~ o°~ o-~ ~ ~ Q ~ Q ~ ' Q. ~ o o Q. m m Q .S~ __ c cQ ~ ~- cD ~ (D ~_ Q .~ ~, O ~ (~ iQ y n~ C Q~ 3 .o o ~, Q° ro o~~~ r o c o ~~ ~.~ ~~~~ Q~a~~~~~ro~~ ~~ ~c~Q3-~~~c~- ~Qa~~~'o~NQ`~~oQ N n~~ G 3 ~~~ Q O `C O rn (D (D (D N Q --r Q R ~ ~ Q y, a i x : ' ~n_ ~Z~~~ - ~ r y ~z _ ~ ~ ~~ ..., r~;t,,.:; moo o . _~ ~ :,, ~~~~~~ tai 0~:`~r~ Z _~ 5 ~~ ~ r1-2 ~~ mp~'S ° .my=v;+„ ;~n~v n ~ -1 g m i p ,• zz g x r y ~J ~~ Q ~ ` ~ o a -ice {me s m~ Ko Q ,y~x-~.~~ Op 7o O ~ ~m ~ 30C ,7. ; ~ 1f1 ~ Y .m ` ~ . '~~ ~``J„~ ' ~ ~.~ ' ' ~ r ~ o z ~~~ i ~ ~~ x ~ ~ ; ~ ~'. . ...- n ~ D ~ m ~ o 0 0 D p rn ~ ,~,~ D ~ ._. ~ `~ o 0 C n Z ~~~ m Q m ~, u, c Q Q n (U ~. O CT n. o_ Q O ~ Qa Q ~ 0 0 ~~ ~' o ~~ ~. ~ Q ~ ~ o 0 ~a v.2 ~~ Q ~o ~ ~o G _ ~ O ~ ~• ~ Q ~ ~~ d ~. ~ ~ O fl ~ ~ ~ M { ~ m ,n . a ~ Q- O .2 a c~ ~ ~ Q ~ G =i- ~ D Y - ~ ~ cn m ~ rn 7 ~ Q -1 r fl in O G (D ~ ~ ~ (D -+ ~ p ~ ,i7 m ~ ~ ~ Q ~ Q ? ~ ~. Q ~ ~ Q j ~ Z ~o ~m~N~~~~~Qm-.~~ ~ Q ~ ° n ~ ° ~ ~ ~ ~ can a ~ O ~ Q ~ Q m ~ ~ ~ ~ b -n ~ ~ 3 ~ ~ ~ Q ~ ~ m ~ Q ~ O -O ^~ m O m ~. ~~ cD x~ d O g~ O~ c~~ ~ ~a3~D3. -c7m-*~ ~ ° ~ ~ ~. ~ ~ ~ a ~ o Q ~ ~ o Q ro ° ro ~ ~ ~ ~ o ~ ° m ~ ~ ~ ~ m N Q Q ° ~ g ~ o- ~' ~ Q cn -° ~c ~ ~ Q y n ~zaa~-~ ~~ ~oQ~ ~ ~~ ~ ° ~ ~cz~.~oroQ~o.~QQ~Q o cD~~n:c~noQ~~o~Q~~ ~ o~ ~~ ro Q ~ o o Q ~. ~ -~~a~Q6~~'Q~~~mm Q lU~~~ apcQ~Q3~?~~ro~ ~fl ° Q ~ a °~ Q m~ ~ can @ g O cn fl m ~ ~ ~ o ° ~ ~ ~ c ~i ~ m 'a~~~~~Q~'~m~n.aa O Q ~_ ~ Q ~. g~ Q^ Q C7 ~ ~ (~ ~ C C ~' ~ Q ~ ~ ~ ~ O ~ O n O m ~ O ~ O ~ o r y ~ O ~vO ~ ~ o ~n C W n 0 Z fa, , i 3 ~ ss~m~m ~m a ~~~ ~~m ~'S'~m ~~~~ ~~ ~~~ ~ ffi ~'mA~'~~!'~ ~~ ~ ~ ~ ~ 4W j.v ~}~ ;~~ .~;•~ h:• m m ~~mn~~~ cn '`~~~gv~c ~~r o A~~~ ~~g~ ,~~'~,;u ~;. o ym$ ~~~~ ~° ~'~f7.? ~: a ~] Q ~.~, ~4{,~y:. -CL]C~ .}y0 ,Q ~'~ ~ ~m yT `~~ ~~~~ T6 ~~S. ,131 ~Ss~a~ ~~ 3 ~~ ~ t~' .~ ~~Yn$3f tSPa_e~77',g~ ° ~}~ ~.mO~~ ~$~.,~~~ ~~~~~ 11YY~11~ 'n~ 3~.~!t:L.J "~.i ~ Q ,t~~ ~. ;~ ~~.'.;~ n ~ ~ ~' a -°.. ~ ~ .m`rt `~• TTY 1mp$~~ q[ ~ ~'.~ ~} ,o ,r '.; ~ ~ Mph ~'a ~ o 'z 0 ' ~ ~ ~ ~ 3 ° a »s g n ~ o; ~ , ,Q,{ ~ ~. ~r: m A ~9 f~' S±~ ~ ~ n''; ~ ~ r~r. ;'C s ~q~+ g Z ~` ~ _: ~.m ~~,`~~ ~ E,'~ 5~~~`C ~~ ~~~~ ~o mrs.as.~8 ~~ ,'.O~ N~...W~.~.~3.r r t r'. .~ +,~ ~. o' g ~ N O ~p ~ ~ o ~ a n. 0 0 a ~~ff ~- {D Q (4 D ~1 7 O "t3 6 i ~~ ~ Q S~. a a J ~ ~~ a Q .-n ~- ,, -. C7 ~ 7>. -n ~"~ ~ ~~ ~~ ~ N ~'mQ~ ~~ ~ ~ .~. ~ rn m a ~ ~ m 6 ~. m ~,- m ~ Q ~ ~ ~ "C3 tU -G ~ N Q t7 cn .~- C1 ~ ~~- ~ ~ ~ ~ ~ N {7 ~ O ~ 'C3 O ~ ~ ~ ~ v' Z3 tD ~• 4 ~ C Ct. ~ cU ~; .n ~ -c~ Q O ~- C] Q c0 ~ ~ 3 ~ ~ -, ~ ~ v, fl O ~ cD C~. ~ ~ ~ =? ~ m ,~` Q~ ~~~~~ ~~~ fl~ ~~ ~ m ~ ~ ~ ~ ~~? ° ~ ~o N ~ ~ ~.~ { ; ~ . _ "i e' ~ ~N ' N ~~~ $j~i . ~ m 4 ~ ~ fit « _~' .. ~ rCtl~~a~$. X11 .~ , + ir. i ' v ~~ ~ .r a ,,... ~ ~. . 4. .~~ ~m .C~ ~'~ ~ :.~~ ~ p ki k ' y~ S. ~ ~~~ ~M~' T t., ~ ~ -~. ~ ~' yp.~ ', ~ O.~ •~ ~ . y Z ~ ~ , ~ ~ ~ ,I c sS~~ ~: L~ ,.'~O N4~;~ 4yys,r. y ' , .~~ a ,,s.5v ~~ ~ .. 0 C m g m ~~ U7 C --F Q ~ (~ ~. O ~ Q a n o a Q Q O p ~~ ~a ~~~ a~ Q .~ O Q O ~~ n Q a. 0 ,o ~ 1~~ O C O ~ f], y Q Q j ~ p C ~ A Q. ~~m ~• ~ a p m (D x i ~ (D ~ ~ p7 ~ (Q (D Q O ~ p ~ Q ~ o ~ ~, o ~ ~ g p ~ a Q ~ ~ ~" ~ ~D ~, Q O ~ mo Q ~ Q ~ p ~ ~ Q Q Q o ~ ~ ~ ~` ~, ~ o ~ ~ ~ a~ .r+ ~ ~ ~- ~ Q ~ ~[ ~ ~ Q Q ~ ~ ~ ~ ~ ^ ~ ~ O O ~ O Q Q ~ ~ 3 (D S ~ --n (D ~ p ~ ~ _~ ~ p ~ N ~ ~ ~ ~ ~ -[ ~ Q ~ ~ ~ ~ ~ , ~ . p ~ ~ ~ (Q ~ cD ~ p Q o ~ N Q ~ °~- ~ ~ a. 4 a R ~ m - ~~ fl ro o ~ cn ~ o o° ~ Q ~ ~ ~ ~ h Q ~ ~ ~ (~ tD Q can Q ~ ~ n y. N C .--Y Q ~ ~ ~ C ~ fl ~ O p ~ ~ ~ ~ ~ ~ ~ ~ ~ ~' Q _ p 7 ~ ~ r W ~ 7 ~ ~ Q ~ ~ r ~' .p p in ~ ~ ~ Z ~ ~ - Q D r - ~ ~ n c ~ z o ~ ~ O a ~ ° a ~ ~ Q o Q -~ o Q ~ ~~~- ~ ~~ - ~° ~ o ~ ~ ~°~ ~ ~ ~ ~ ~ ~Q~ m~ `V ~~ Q (~ ~ O ~(, tJ7 -- ~ ~ ~ { ~ F Q ~ ~ ~ ~ CC V+ Q ~ y~1 ~ ~ ~ ~ ~ ' ~' ~ "7' 0 ' Q ~ ~ ^ Q ~ -+ ~ y n ~ ~ (~ O ~ Q 'C3 ~ D ~ ~ O p Q ~ om- ~ m ~ `, ~ N Q ~ a c~~~~ a c ~ ~ ~ ~ ~ ~ iD ~ p c ~ ~ N -v 3~a cD n ~, n ~ a m ~ fl ,_..~ d ~ g - -Y -a `V ~ ~ Q Q (D . Q p ~ b Q 0 I~ 0 ~ m Z Q O ~- ~ O ~ o v v O o 0 0 ~_ ~Y/O `~, s: , r . v -F IT1Z m ~U1 ~.~~ewm~ $m •y3 fAffi m~oS ~~a--i. (/lm -N'~(ATmZ ~$$ ~ ~-~~ ~ ~ ~1 3$~,nm~ ~~ ~g~ S at `.3 .~3.v ~~ygoYl~mWWa3?a ~ m~ -i bm -'~O -i'3 ~m ul ~w .ss 3~'~J~'b0 S~EO- ,c ~° ~~ ~0~ ~°O ~~~ ~~~~,~Z4~ 0~.{ ~ F''~ ~ - ,:'~ ~~ 1 ~ G`~'~ ~ 5511„P"~ ~.~. ~~ $,_A ~m~~ g~ ~O (~ ~3 2 y •p y .. ~li.i '. F~+n~r m~g~mm ~~ S*,o ~ ° ~ ~o ~~~~xN4 aa. Oy~ ~~-n',, ~. n~ ' C '~ i $$ SS `'~~r1 ~.~. - ~~q~,v,~.mq-..~~a ~g `:.~. i~~c~ ~~~ ~~ ffi_3~ ~ m ~ O~ m ~N ~ m ~~ _.,.rm~ ~~ i y~ '~ a~~ `+ =•~C~, w ~^~~.Z '7 ~ aF ~~p ~. $ ~ ~~~~~ fD~ ~a ~- Pc '~ ~O OGa P~~~.' p ~ ,f,..~ , ~+~,J~.QS ga, ,~ g.~,nb`.~g- ;~~:_. € ~ ~ Q m~~ ~A~~~3Q ~~~ .. ~m g*~ iS.`~6~1~'~ C ~~+~~~ . ~~~~~~+ ~ q~+ .',~ g.~lr[O;'~ ~~at.. }~ ~~ a~ ~~ ~~~ ~~g-~ ~ ~~ ~ C ~ m0~".~~~'~ie i~~'~~r gi,r~~a,~~',~h~ ~i r,"'1 Pg .^~'y~ ~'~ `~ ~t.r,.M;'~ Q m~'~ ~, a ~~.a $' ~ ~ „ ~~ ~ -i~.,,;' ~ ,~ a ~Lti~fti~'^~^ - ~~ f ~ C ,~.~3~~A',m ~~p8~ ; .{:: ~,~ ~~~ off., o~ zm. :0 .~ $.~{s '~~ ~~ ',7~~ ~ ~~$6P s~~;r>> ~~~ u~~3.. ~ _ ~m ~+~~~~ m a:t .~~Cm y r-~ - ~` .,,:, ~ '~l, ,