(a) The Village hereby adopts a plan under the Ohio Public Employees Deferred Compensation Program, and shall properly contract with any eligible employee who desires to participate in the plan. The Village's plan shall be the uniform plan as promulgated by and as amended from time to time by the Ohio Public Employees Deferred Compensation Board.
(b) The Board is hereby authorized to administer the plan under the Program, consistent with Ohio R.C. 145.71 to 145.73 and all rules and regulations promulgated by the Board, whether in the Ohio Administrative Code or otherwise, and consistent with the Program Adoption Agreement executed by the Village.
(c) The Village Treasurer is hereby appointed the responsible official and is hereby authorized and directed to execute the Program Adoption Agreement.
(d) Consistent with the Program Adoption Agreement and the rules and regulations promulgated by the Board, the proper officials, officers, employees and agents of the Village are hereby authorized to provide the Board with any information it may properly require for the administration of the plan under the Program.
(Res. 1994-49. Passed 8-10-94; Ord. 2003-27. Passed 12-17-03.)