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RES NO 05-07-2013 CITY OF VAN BUREN, ARKANSAS RESOLUTION NO. 6 9 2013 BE II ENACTED BY THE CITY COUNCIL, FOR THE CITY OF VAN BUREN ARKANSAS, A RESOLUTION TO BE ENTITLED: A RESOLUTION AUTHORIZING THE MAYOR AND CITY CLERK TO TRANSFER FUNDS FROM THE MUNICIAL JUDGE AND COURT CLERK RETIREMENT FUND. WHEREAS, Judge Gary Cottrell was the Municipal Court Judge for the City of Van Buren from 1987 through 1998; and WHEREAS, Judge Cottrell's retirement funds are held in the Van Buren Municipal Judge and Court Clerk Retirement Fund; and WHEREAS, Judge Cottrell is the only remaining participant in said retirement fund; and WHEREAS, Judge Cottrell and the City of Van Buren both agree that it would be in the best interest of both parties to transfer the retirement funds due Judge Cottrell from the City of Van Buren to the State retirement systems. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF VAN BUREN, ARKANSAS: SECTION 1: The Mayor and City Clerk are hereby authorized to transfer applicable funds to the Arkansas Public Retirement System and to the Arkansas Judicial Retirement System from the Van Buren Municipal Judge and Court Clerk Retirement Fund and execute all documents in order to execute this resolution. IN WITNESS WHEREOF, the City of Van Buren, Arkansas, by its City Council, did pass, approve, and adopt, by a vote of lQ for and 0 age' le foregoing Resolution at its regular meeting held on the 20`" day of May 2013. I Ro.ert D! N. Mayor ATTESTED: AFPRO ED S i ORM: �i CA Le- Barbretuu tis- Candice A. Settle City ClerklTreasur€r b-ep CJ-t Ge,tk City Attorney