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OFFICE OF THE CITY CLERK
CITY OF PASADENA
NOTICE OF SPECIAL MEETING
OF THE 457 DEFERRED COMPENSATION PLAN TRUSTEES
OCTOBER 3, 2022
PASADENA CITY HALL, COUNCIL CHAMBER
100 NORTH GARFIELD AVENUE, ROOM S249
Note to the Public: City Hall Council Chamber is closed to the public until further notice.
NOTICE IS HEREBY GIVEN that a special meeting of the 457 Deferred Compensation Plan Trustee will be held by video conference/teleconference on Monday, October 3, 2022, at 4:30 p.m., to discuss the following:
(1) CALL TO ORDER
(2) APPROVAL OF MINUTES - March 14, 2022
(3)AUTHORIZE THE CONTRACT EXTENSION WITH GREAT-WEST LIFE &
ANNUITY INSURANCE COMPANY TO PROVIDE DEFERRED COMPENSATION PLAN (457(B) AND 401 (A)) INVESTMENT OPTIONS, RECORD KEEPING, AND
EDUCATION SERVICES
Recommendation: It is recommended that the City Council/457 Deferred Compensation Plan Trustees:
(1) Find that the proposed action is not a project subject to the California Environmental Quality Act (CEQA) pursuant to Section 21065 of CEQA and Sections 15060(c)(2), 15060(c)(3), and 15378 of the State CEQA Guidelines, and as such, no environmental document pursuant to CEQA is required for the project; (2) Authorize the Deferred Compensation Plan Administrator (Director of Finance) to extend the contract with Great-West Life & Annuity Insurance Company for three additional years, to provide Deferred Compensation Plan investment options, record keeping, and education services to plan participants; and
(3) Exempt the contract from competitive bidding pursuant to City Charter Section 1002(F), contracts for professional or unique services. (4)ADJOURNMENT
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Victor M. Go?
457 Deferred
Chair
ipensation Plan Trustees
Note to Public: An opportunity for public comment will be provided at the time each of the above items are discussed. Public comment for this special meeting is limited to the items on this special meeting notice.
100 North Garfleld Avenue, S228 • P.O. Box 7115 • Pasadena, CA 91109-7215 (626) 744-4124 • Fax (626) 744-3921
I HEREBY CERTIFY that this notice, in its entirety, was posted on the Internet at www.citvofpasadena.net/councilaaendas and on the Council Chamber Bulletin Board, Room S249 and the Bulletin Board in the rotunda area, City Hall, 100 North Garfield Avenue, and a copy was distributed to hlastings Branch Library for posting this 29th day of September, 2022 at 5:30 p.m., and that copies hereof were faxed, emailed or delivered to each member of the City Council and to each local newspaper of general circulation, radio or television station requesting notice in writing, all of which recipients are identified on the distribution list set forth herein below.
DISTRIBUTION:
City Council
City Manager
City Attorney
Public Information Officer
Hastings Branch Library
Pasadena Independent
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City i
Los Angeles Times
Pasadena Journal
Pasadena Now
Pasadena Star News
Pasadena Weekly
La Opinion
To request meeting materials in alternative formats or other disability-related modifications or accommodations necessary to facilitate meeting participation, please contact the City Cteric's Office as soon as possible at (626) 744-4124 orcitvclerkdQ.citvofpasadena.net.
Language translation services are available for this meeting by calling (626) 744-4124 at least 24 hours in advance.
Habra servicio de interpretacion disponible para estas juntas llamando al (626) 744-4124 porlo menos con 24 horas de anticipacion.