R25-317 RESOLUTION NO. R25-317
1 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF BOYNTON
2 BEACH, FLORIDA, APPROVING THE TERMINATION OF THE
3 AGREEMENT BETWEEN THE CITY AND NATIONWIDE, THE
4 TERMINATION OF THE AGREEMENT BETWEEN THE CITY AND
5 EMPOWER, AND THE TERMINATION OF THE AGREEMENT BETWEEN
6 THE CITY AND MISSION SQUARE; AND FOR ALL OTHER PURPOSES.
7
8
9 WHEREAS, the City and Nationwide entered into an Agreement for Employees' Deferred
10 Compensation Plan Administrative Service effective January 20, 1982; and
11 WHEREAS, the City and Empower entered into an Adoption Agreement, the United States
12 Conference of Mayors Deferred Compensation Plan, Section 457(b), Eligible Deferred
13 Compensation Plan for Governmental Employers, effective January 20, 1982; and
14 WHEREAS, the City and Mission Square entered into an Administrative Service Agreement
15 dated December 1, 1992; and
16 WHEREAS, the City Commission, upon the recommendation of staff, has deemed it in the
17 best interests of the City's citizens and residents to approve the termination of the Agreement
18 between the City and Nationwide, the termination of the Agreement between the City and
10 Empower, and the termination of the Agreement between the City and Mission Square.
20
21 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF BOYNTON
22 BEACH, FLORIDA, THAT:
23 SECTION 1. The foregoing "Whereas" clauses are hereby ratified and confirmed as
24 being true and correct and are hereby made a specific part of this Resolution upon adoption.
25 SECTION 2. The City Commission of the City of Boynton Beach, Florida, does hereby
26 approve the termination of the Agreement between the City and Nationwide, the termination of
27 the Agreement between the City and Empower, and the termination of the Agreement between
28 the City and Mission Square.
2<� SECTION 3. The City Commission of the City of Boynton Beach, Florida, hereby
30 authorizes the City Staff to take any necessary action to accomplish the purposes of this
31 Resolution. City staff is further authorized to execute any ancillary documents required to
RESOLUTION NO. R25-317
32 accomplish the purposes of this Resolution.
33 SECTION 4. This Resolution shall take effect in accordance with the law.
34 [SIGNATURES ON THE FOLLOWING PAGE]
3i
RESOLUTION NO. R25-317
36 PASSED AND ADOPTED this day of €G€. cs.-, '�X 2025.
37 CITY OF BOYNTON BEACH, FLORIDA
38 YES NO
39 Mayor— Rebecca Shelton ✓
40
41 Vice Mayor—Woodrow L. Hay
42
43 Commissioner—Angela Cruz ✓
44
45 Commissioner—Thomas Turkiny
46
47 Commissioner—Aimee Kelley
48
49 VOTE 6 -o
50 ATTEST:
51 i
52 -iii ii.,/ p
53/,Maylee De -sus, MPA, • • IC Reb icca Shelton
City Clerk Mayor
55 � O gOYNT�`%.1
56 S 4, .•GpRPo14!.,s, APPROVED AS TO FORM:
•
57 (Corporate Seal) v;' SEAL' '
• 6
58 •
INCORPORATED' i GCG �
59 :,.1920 •' ;
60 i ••.....•••• %
Shawna G. Lamb
61 1‘`.,P4ORION = City Attorney