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Res 2001-103
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Res 2001-103
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Last modified
7/6/2006 2:26:00 PM
Creation date
7/6/2006 2:25:20 PM
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City Clerk
City Clerk - Document
Resolutions
City Clerk - Type
Agreement
Number
2001-103
Date
6/11/2001
Volume Book
144
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<br />. 121 08/2 004 15: 5 0: FAX 5 1 2 7 1 985 75 <br /> <br /> <br />TMl ,IEBP <br /> <br />ill 003/005 <br /> <br />3. TML-IEBP_and. the Employer Member will, compJy in 'allrespec:ts with their respective <br />obJigationsunder the Group Benefits -Services Agreement' wfdcb is affixed bereto and <br />incorpora.ted for all purposes as if fully set out herein.. The payments required to be made by the <br />Employer Member under the terms of tbe Group Benefits Services Agreement shaJJbe made at <br />Austin, Travis County, Texas on the dates Bnd inthe,amountsBSthe TML-IEBP requireS for- <br />providing services. Jnteres~' beginning theflrst day after the due date and continuing \Inti I paid, <br />shaH accrue atthe maximum rale allowed by'taw on the balance of any Payment or contribution <br />Dot paid when due. All such paymen~s and interest shall be- paid from then cu.,-ent- re~eques. <br /> <br />-4. 'Except 1$ mJY be otherwise specified in 'the TML-IEBP Trost Agreement Establishing the TML <br />J;DtergoYEmmenral Employee BenefrtsPoo)5 this agreement may' be- terminated ,by either the <br />Employer Member or the TML-IEBP in accordance with the, terms of the' attached Group <br />Benefits Services Agreement. <br /> <br />s~ The -Employer, Membershall_,fumish all the information tbe'_TML-1EBP deems necessary and <br />useful for the purposes of this agreement and shall ~bide' by the rules and re@Ulations adopted for <br />the administrauon of the benefits pl8.ft. The TML-lEBP may amend its rules and regulations at <br />the time of annua) , renewal of, this agreement and its Trust Agreement Establishing the TML <br />-Intergovernmental Employee Benefits Pool,8t anytime to the ex.tcnt'it deems advjsable except <br />that 110 amendment shaJJ change the purposeoftbe TML-IBBP. <br /> <br /> <br />6. Each' Employer Memb. will, designate, and appoint, a'coo~inator" of, department he'ad rrmk' Of <br />above and,-asrees- daat the TML-IEBP shall notberequired-locontact or provide notices to any <br />otberperson. Funber,. any notice to, Or agreement by an Employer Members Coordinatott with <br />rcspectto services or claims hereunder, shall be biDdioJ on the Employer Member. The <br />BmpJoyerMember reser/es the right to change the coordinator from time 'to lime by living <br />written notice to the TML-IEBP. <br /> <br />7. The Employer ,Member -hereby appoints the, TML-IEBP IS its agent to act in all matten <br />pertaining to the proce&sina and handling of claims and agrees to cooperate fully and provide all <br />infonnati_on 'necessuy. <br /> <br />8. Eac" Employer Member~ as Plan Administrator, retains the right, duties and_privileges of me Plan <br />Administrator and acknowledges it has, , respoDsibility ,forcolIJpliance with the state',and federal <br />laws applicable to employees benefilS. <br /> <br />9., TIt, Employer Memberalrees'to indemnify 'and hold harm less_ the TML-IEBP for all claims, <br />dsmages 'and ,expenses,includins but nor limited to "attorney's fecsand costs of COU~ arisiag out <br />"facts or ,omissions of officers ,or employees of the Employer Member in connection with the <br />Plan.. The Employer Member agrees to pay aU such claim.s~ damales, and expenses out of current <br />revenues' at the time the obllga1ion is detennined. J n the: event current revenues are' inadequate to <br />fulld Ih~ oblisatiotl" 8t" the time it is detenn ined , the Employer Member agrees to take the <br />appropriate budgetary action sufficient to pay the obligation. <br /> <br />10. The Em pJ oyer Member alld the TML-IEBP may contraet for additional administrative services <br />related to the Employer Member's employee benefn proplllDS. <br /> <br />1 J. No bond is required of the Board of Trustees of the TML-IBBP.. <br /> <br />lntcrlocaf Apeement ASO (rcv.04/0JIOO) Page 2 <br />
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