(A) The city 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 city's Plan shall be the uniform Plan as promulgated by and as amended from time to time by the Board.
(B) The Board is hereby authorized to administer the Plan under the Program, and to do all things necessary or proper for the administration of the Plan, consistent with the enabling statutes and all the 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 city.
(C) The Mayor and Clerk of Council/Finance Director are hereby authorized and directed to execute the Program Adoption Agreement.
(D) The city is hereby authorized to provide the Board with any information properly required for the administration of the Plan under the Program, consistent with the Program Adoption Agreement and the rules and regulations promulgated by the Board.
(Ord. 87-1990, passed 12-19-90)