File #: 23-0060    Version: 1 Name:
Type: Commissioners Action Item Status: Passed
File created: 1/13/2023 In control: Board of Commissioners
On agenda: 1/18/2023 Final action: 1/18/2023
Title: OTHER POST-EMPLOYMENT BENEFITS (OPEB) TRUST (APPROVED) This Trust was established by the Fulton County Board of Commissioners by resolution Agreement January 16, 2008 (#07-0997). The Trust shall be held, managed and administered by the Trustee in trust in accordance with the provisions of the agreement. The Trust is intended to comply with and be a tax-exempt governmental trust under Section 115 of the IRS Code. Term = 1 year Commissioner Lee Morris (Position 1/Chair Designee) Term below expired: 12/31/2019 Commissioner Liz Hausmann (Position 2/BOC) Chairman Pitts and Vice-Chairman Ellis nominated Commissioner Thorne as the Chairman's Designee to a Full Board Appointment to replace Commissioner Morris. Chairman Pitts and Vice-Chairman Ellis nominated Commissioner Hall to a Full Board appointment to replace Commissioner Hausmann to a term ending December 31, 2023.

 

Requested Action (Identify appropriate Action or Motion, purpose, cost, timeframe, etc.)

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OTHER POST-EMPLOYMENT BENEFITS (OPEB) TRUST (APPROVED)

 

This Trust was established by the Fulton County Board of Commissioners by resolution Agreement January 16, 2008 (#07-0997).  The Trust shall be held, managed and administered by the Trustee in trust in accordance with the provisions of the agreement.  The Trust is intended to comply with and be a tax-exempt governmental trust under Section 115 of the IRS Code. 

 

Term = 1 year

 

Commissioner Lee Morris (Position 1/Chair Designee)

 

Term below expired: 12/31/2019

Commissioner Liz Hausmann (Position 2/BOC)

 

Chairman Pitts and Vice-Chairman Ellis nominated Commissioner Thorne as the Chairman’s Designee to a Full Board Appointment to replace Commissioner Morris.

 

Chairman Pitts and Vice-Chairman Ellis nominated Commissioner Hall to a Full Board appointment to replace Commissioner Hausmann to a term ending December 31, 2023.

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