NUMB:
980473
VERS:
ORIGINAL
REF:
970957
XXBY:
THE CHAIR
TITL:
Resolution relating to an indemnification agreement between the City of Milwaukee and the Annuity and Pension Board. (City Attorney)
ANLS:
Analysis
This resolution extends the indemnification agreement entered into between the City and the Annuity & Pension Board for 90 days up through September 26, 1998.
BODY:
Whereas, On June 30, 1992, the City of Milwaukee and the Annuity & Pension Board entered into an indemnification agreement. This indemnification agreement expired by its terms on March 26, 1997. The agreement was extended to December 26, 1997 and June 26, 1998. The parties are interested in extending the agreement for 90 days to September 26, 1998 in order to have time to consider a new agreement; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the amendment to the indemnification agreement by and between the City of Milwaukee and the Annuity & Pension Board of the Employes' Retirement System, a copy of which is annexed to the file, be and hereby is approved and the proper City officers be and hereby are authorized to execute the same on behalf of the City.
ZDPT:
DFTR:
City Attorney
#11703/Ind.Agrmt.Res
TEH:kef:6/24/98