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, � f <br /> 4 � ' <br /> RESOLUTION NO. R2008-91 <br /> RESOLUTION AUTHORIZING THE INTERIM CITY MANAGER <br /> TO HIRE MILLIMAN CONSULTANTS AND ACTUARIES <br /> TO PROVIDE ACTUARIAL SERVICES <br /> WHEREAS, the City of Decatur is required by GASB 45 to measure and report <br /> the liabilities associated with other post-employment benefits related to the health <br />, insurance benefits provided to retirees; and <br /> WHEREAS, Milliman Consultants and Actuaries have submitted a proposal for <br /> actuarial consulting services related to the valuation of these benefits, in the amount of <br /> $7,500 for the initial actuarial valuation and $3,000 for the "offl' fiscal year calculation; <br /> and <br /> WHEREAS, Milliman Consultants and Actuaries are presently providing these <br /> same services for the Fire and Police Pension Funds and are quite familiar with the City <br /> policies and procedures. <br /> NOW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF <br /> THE CITY OF DECATUR, ILLINOIS: <br /> Section 1. That the City Manager be, and he is hereby, authorized to pay to <br /> Milliman Consultants and Actuaries an amount not to exceed $7,500 during this fiscal <br /> year and $3,000 the following year. <br /> PRESENTED and ADOPTED this 2nd day of June, 2008. <br /> /�� - <br /> M AEL T. CARRIGAN, M OR PRO TEM <br /> ATTEST: <br /> �j . <br /> /'� �� "� 4 / <br /> ( C-�-�;�(. C{_.',L�.�..7 <br /> �.:..- <br /> CITY C, RK <br />