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0565 RESOLUTION NO. 565(10 - 02) 000038 A RESOLUTION TO CLARIFY AUTHOR IZATION OF THE ADMINISTRATIVE COMMITTEE OF THE REBSAMEN REGIONAL MEDICAL CENTER 457 PLAN TO MAINTAIN THE 457 PLAN ON BEHALF OF THE CITY OF JACKSONVILLE, ARKANSAS,• AND, FOR OTHER PURPOSES. WHEREAS, AT A MEETING OF THE BOARD OF COMMISSIONERS OF THE JACKSONVILLE HOSPITAL COMMISSION HELD ON SEPTEMBER 15, 1994, THE BOARD OF COMMISSIONERS AUTHORIZED THE ADMINISTRATIVE COMMITTEE OF THE REBSAMEN REGIONAL MEDICAL CENTER 457 PLAN TO MAINTAIN THE REBSAMEN REGIONAL MEDICAL CENTER 457 PLAN ON BEHALF OF THE CITY. IN DOING SO, IT WAS THE INTENT OF THE BOARD OF COMMISSIONERS OF THE JACKSONVILLE MUNICIPAL HOSPITAL COMMISSION THAT THE ADMINISTRATIVE COMMITTEE OF THE REBSAMEN REGIONAL MEDICAL CENTER 457 PLAN MAINTAIN THE REBSAMEN REGIONAL MEDICAL CENTER 457 PLAN ON BEHALF OF THE CITY UNTIL SUCH TIMES AS ALL OF THE ASSETS OF THE PLAN HAVE BEEN DISTRIBUTED TO PLAN PARTICIPANTS IN THE MANNER(S) OUTLINED IN THE PLAN; AND, WHEREAS, THIS RESOLUTION IS TO CLARIFY THE INTENT OF THE BOARD OF COMMISSIONERS OF THE JACKSONVILLE MUNICIPAL HOSPITAL COMMISSION AND TO RATIFY ALL PRIOR ACTS OF THE ADMINISTRATIVE COMMITTEE OF THE REBSAMEN REGIONAL MEDICAL CENTER 457 PLAN WITH RESPECT TO THE REBSAMEN REGIONAL MEDICAL CENTER 457 PLAN. NOW THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF JACKSONVILLE, ARKANSAS, THAT: SECTION ONE: THE BOARD OF COMMISSIONERS OF THE JACKSONVILLE HOSPITAL COMMISSION AUTHORIZED THE ADMINISTRATIVE COMMITTEE OF THE REBSAMEN REGIONAL MEDICAL CENTER 457 PLAN TO MAINTAIN THE REBSAMEN REGIONAL MEDICAL CENTER 457 PLAN ON BEHALF OF THE CITY BEGINNING OCTOBER 1, 1994. IN DOING SO, THE BOARD OF COMMISSIONERS OF THE JACKSONVILLE HOSPITAL COMMISSION AND THE JACKSONVILLE CITY COUNCIL INTENDED THAT THE ADMINISTRATIVE COMMITTEE OF THE REBSAMEN REGIONAL MEDICAL CENTER 457 PLAN MAINTAIN THE REBSAMEN REGIONAL MEDICAL CENTER 457 PLAN UNTIL SUCH TIME AS ALL ASSETS OF THE PLAN HAVE BEEN DISTRIBUTED TO PLAN PARTICIPANTS IN THE MANNER OUTLINED BY THE PLAN. SECTION TWO: AUTHORIZATION OF THE BOARD OF COMMISSIONERS OF THE JACKSONVILLE HOSPITAL COMMISSION IS EVIDENCED IN MINUTES OF THE COMMISSIONERS' MEETING HELD ON SEPTEMBER 15, 1994, AND IS HEREBY CLARIFIED BY THIS RESOLUTION. SECTION THREE: ALL PRIOR ACTS OF THE ADMINISTRATIVE COMMITTEE OF THE REBSAMEN REGIONAL MEDICAL CENTER 457 PLAN IN MAINTAINING THE REBSAMEN REGIONAL MEDICAL CENTER 457 PLAN SINCE OCTOBER 1 , 1994, ARE RATIFIED AND CONFIRMED BY THIS RESOLUTION. SECTION FOUR: THE ADMINISTRATIVE COMMITTEE OF THE REBSAMEN REGIONAL MEDICAL CENTER 457 PLAN IS HEREBY AUTHORIZED AND SHALL CONTINUE TO MAINTAIN THE REBSAMEN REGIONAL MEDICAL CENTER 457 PLAN, WHICH INCLUDES AUTHORITY TO AMEND THE PLAN, UNTIL SUCH TIME AS ALL ASSETS OF THE PLAN HAVE BEEN DISTRIBUTED TO PLAN PARTICIPANTS. SECTION FIVE: THE CURRENT MEMBERS OF THE ADMINISTRATIVE COMMITTEE OF THE REBSAMEN REGIONAL MEDICAL CENTER 457 PLAN ARE: KURT MEYER; DANIEL SMITH; AND, JOANN HARKEY. A: RES-565 (10-02)REBSAME N4$7 DOC RESOLUTION NO. 565 (#10 — 02) AUGUST 15 , 2002 000059 PAGE TWO SECTION SIX: Au. RESOLUTIONS AND ORDINANCES AND /OR PARTS THEREOF IN CONFLICT HEREWITH ARE HEREBY REPEALED TO THE EXTENT OF SAID CONFLICT. SECTION SEVEN: THIS RESOLUTION SHALL BE IN EFFECT FROM THE TIMES SET FORTH HEREIN AND AFTER THE DATE ITS DATE OF PASSAGE. APPROVED AND ADOPTED THIS 1 DAY OF AUGUST; 2002. CITY OF JACKSONVILLE, ARKANSAS . 4aa •�� a a TOMMYSWAI , MAYOR ATTEST A-r At � / ° DAV /T7; i /TYCLE'RK IL/ z , & i'N\C .... (" APPROVED AS TO,.FORM; C ROBE "T E. B 4 s ' • ORNEY A:1RES -565 (10-02)REBSAMEN4S7.DOC