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2021-33 RESOLUTION NO. 2021-33 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GRAND TERRACE, CALIFORNIA, AUTHORIZING SIGNERS FOR THE CITY OF GRAND TERRACE ACCOUNTS WITH MIDAMERICA ADMINISTRATIVE AND RETIREMENT SOLUTIONS WHEREAS, the City of Grand Terrace ("City") is a municipal corporation established under the laws of the State of California; and WHEREAS, MIDAMERICA is a retirement plan provider for seasonal, part-time, and temporary employees that replaces Social Security; and WHEREAS, the City of Grand Terrace needs to update its deposit agreement and signature card with MIDAMERICA; and WHEREAS, the City designates the Interim City Manager and Interim Finance Director as authorized signers for Empower Retirement; and WHEREAS, MIDAMERICA requires the City to adopt a corporate resolution and authorization to designate authorized signers on the City's retirement account on behalf of its plan participants; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Grand Terrace, as follows: Section 1. All previous resolutions of designated authorized signers with Empower Retirement are hereby revoked. Section 2. Authorized signers on MIDAMERICA Admin and Retirement accounts are as follows: Position Individual Name Interim City Manager G. Michael Milhiser Interim Finance Director Terry Shea Section 3. Any one of the individuals named as authorized signers acting on behalf of the City of Grand Terrace is authorized to execute documents on behalf of the City. CC Reso No. 2021-33 Page 1 of 2 August 10, 2021 Section 4. This Resolution shall take effect immediately upon its adoption and the City Clerk shall certify to the adoption of this Resolution. PASSED, APPROVED AND ADOPTED by the City Council of the City of Grand Terrace, California, at its regular meeting held on the 10th day of August 2021. Dar M Mayor .ATTEST. kebra L. Thomas -City-Clerk APPROVED AS TO FORM: az xg Adrian Guerra City Attorney CC Reso No. 2021-33 Page 2 of 2 August 10, 2021 STATE OF CALIFORNIA ) COUNTY OF SAN BERNARDINO ) CITY OF GRAND TERRACE ) I Debra L. Thomas, City Clerk of the CITY OF GRAND TERRACE, CALIFORNIA, DO HEREBY CERTIFY that the foregoing Resolution, being Resolution No. 2021-33 was duly passed, approved and adopted by the City Council, approved and signed by the Mayor, and attested by the City Clerk, at the regular meeting of said City Council held on the 10th day of August 2021, and that the same was passed and adopted by the following vote: AYES: Council Members Allen, Wilson, Robles; Mayor McNaboe NOES: None. ABSENT: Mayor Pro Tern Hussey ABSTAIN: None. Executed this 12t" day of August 2021, at Grand Terrace, California. ebra L. Thomas = City Clerk '