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AGENDA ITEM REVIEW FORM |
2.A.
Employee Benefit Trust Board Meeting
- Meeting Date:
- 02/15/2024
- Department Head:
- Adela Cortez
- Submitted By:
- Maria Barajas Gutierrez, Human Resources Coordinator, Human Resources Department
ITEM:
Discussion and possible action on any and all matters regarding electing the Chair to the Board of Trustees for the City of San Luis Employee Benefit Trust and possibly electing a Vice Chair. (Kay Marion Macuil, City Attorney)
SUMMARY:
New Appointment to the Board of Trustees
On February 7, 2024, the City Council appointed Council Member Javier Vargas to the Trust Board for the City of San Luis Employee Benefit Trust. Council Member Vargas shall serve out the remaining term of Council Member Tadeo De La Hoya.
Procedure to Start Meeting with Chairman Vacancy
The Office of "Chairman" (the word used under the Declaration of the Trust, Section 3.11) is vacant. So, the Vice Chair, Emma Torres, shall call this meeting to order or, in her absence, the Clerk of the Board. The first order of business after the roll call shall be this item.
Trust Board Officers are Elected by the Trustees
Under the Declaration of the Trust, Section 3.11, the Trustees elect from among themselves a Chairman.
If the current Vice Chair is elected to be the Chairman, then under Section 3.11, the Trustees must also elect a Vice Chair.
Procedure after the Chairman is Elected
Once the Chairman is elected, that person is to conduct the rest of this meeting. If the Chairman elected is absent, then the Vice Chair or the Clerk of the Board in the Vice Chair's absence, shall conduct the remainder of this meeting.
On February 7, 2024, the City Council appointed Council Member Javier Vargas to the Trust Board for the City of San Luis Employee Benefit Trust. Council Member Vargas shall serve out the remaining term of Council Member Tadeo De La Hoya.
Procedure to Start Meeting with Chairman Vacancy
The Office of "Chairman" (the word used under the Declaration of the Trust, Section 3.11) is vacant. So, the Vice Chair, Emma Torres, shall call this meeting to order or, in her absence, the Clerk of the Board. The first order of business after the roll call shall be this item.
Trust Board Officers are Elected by the Trustees
Under the Declaration of the Trust, Section 3.11, the Trustees elect from among themselves a Chairman.
If the current Vice Chair is elected to be the Chairman, then under Section 3.11, the Trustees must also elect a Vice Chair.
Procedure after the Chairman is Elected
Once the Chairman is elected, that person is to conduct the rest of this meeting. If the Chairman elected is absent, then the Vice Chair or the Clerk of the Board in the Vice Chair's absence, shall conduct the remainder of this meeting.
RECOMMENDATION / SUGGESTED MOTION:
I MOVE TO ELECT TRUSTEE __________________________ AS CHAIRMAN FOR THE CITY OF SAN LUIS EMPLOYEE BENEFIT TRUST.
Only if Emma Torres is elected Chairman, then the Trustees shall select a Vice Chair.
I MOVE TO ELECT TRUSTEE _________________________ AS VICE CHAIR FOR THE CITY OF SAN LUIS EMPLOYEE BENEFIT TRUST.
Only if Emma Torres is elected Chairman, then the Trustees shall select a Vice Chair.
I MOVE TO ELECT TRUSTEE _________________________ AS VICE CHAIR FOR THE CITY OF SAN LUIS EMPLOYEE BENEFIT TRUST.
Fiscal Impact
Fiscal Impact:
N/A