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HomeMy WebLinkAboutRES 1980-011 RESOLUTION N0. 80-11 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS DECLARING THE CITY'S INTENT TO WITHDRAW FROM PARTICIPA- TION IN THE SOCIAL SECURITY SYSTEM; AND DIRECTING THAT A CERTIFIED COPY OF THE RESOLUTION AND AN ACCOMPANYING LETTER BE SENT TO THE SOCIAL SECURITY ADMINISTRATION WHEREAS , THE City of Grapevine is currently participating in the Social Security System established by the Federal Government, and WHEREAS, employees of the City are required to also participate in such plan, and WHEREAS , the Federal Government requires a two-year notice to withdraw from the plan, and WHEREAS, a program paralleling Social Security may be found within this two-year period that may be more desirable to the employees of the City of Grapevine, Texas ; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS : That the City hereby declare its intent to withdraw from participation in the Social Security System, and will forward a - copy of this Resolution, along with a letter stating this intent, to the proper officials in the Social Security Administration. DULY PASSED BY THE CITY COUNCIL OF THE CITY OF GR.APEVINE, TEXAS, on the 19th day of February , 1980. MAYO ATTEST: � C Y EC � APPROVED AS TO FORM: , , C ATTORNEY