(a) There is hereby adopted a deferred compensation plan under the Ohio Public Employees Deferred Compensation Program. The City shall properly contract with any eligible employee who desires to participate in the plan. The City'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 and to do all other things necessary or proper for the administration of the plan, consistent with the enabling statutes and all rules and regulations promulgated by the Board, whether by the Ohio Administrative Code or otherwise, and consistent with the Program Adoption Agreement executed by the Manager.
(c) The Manager is hereby appointed the responsible official and is authorized and directed by Council to execute the Program Adoption Agreement.
(Res. 14-97-R. Passed 9-22-97.)