City Council Minutes 2005 03 17 - Laserfiche WebLink

Home Browse Search

Louisville City Council Meeting March 17, 2005 Page 8 of9 upon retirement. This plan is only available to local and state government employees and is based on a private letter ruling from the IRS to ICMA-RC. The amount of money being deferred by the employees is not subject to payment of FICA or unemployment taxes either by the employee or the City. The savings will offset the administrative fees participating in the plan, and their levels of participation. Employees will also be charged an administrative fee, to be deducted from their accounts. Adoption of the resolution and implementation of the plan will enable the City to offer the program to employees. The City's employees will be allowed up to 60 days to determine whether or not they wish to participate in the program. Thereafter, there will be an annual open enrollment period when employees may elect to join the program. The City Attorney and benefits counsel have reviewed the documents provided by ICMA-RC for the adoption and implementation of the plan, and have no changes. COUNCIL COMMENT Mayor Sisk asked Finance Director Patty Leslie if there would be any negative impact to the City in adopting this resolution. Finance Director Leslie responded no. MOTION: Council member Keany moved for Council approval of Resolution No.9, Series 2005, seconded by Council member VanPelt. Roll call vote was taken. The motion passed by a vote of7-0. CITY ATTORNEY'S REPORT City Attorney Sam Light reported on a court matter; the Capitol Press vs. the City of Louisville and Custodian of the Records Nancy Varra. He reviewed the City's petition and noted the Court has asked if the City wishes to voluntarily withdraw the petition or file a default judgment. He noted if the petition is withdrawn the District Court will not enter a ruling on the petition. He requested Council guidance. Council member Keany felt the City should proceed with the filing of a default judgment. There was Council Consensus. CITY MANAGER'S REPORT Assistant City Manager for Governmental Relations Heather Balser updated City Council on the progress of the Cable Franchise Renewal process. She reported a random survey was sent out to Louisville residents relative to ComCast services. The result will be tabulated and reported to the City Council in April. Public Works Director Tom Phare updated Council on the US Highway 42/96th Street connection and projected its completion by the middle of April. He explained as weather permits, bridges, concrete, and asphalt work will all be completed. 8