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to the Act selected by the Board; and <br /> WHEREAS, the 2022 Plan provides that it shall be effective only upon the funding <br /> by the City of the Unfunded Liability; and <br /> WHEREAS, pursuant to City Ordinance No. adopted on August 8, 2022, the <br /> Council has approved the 2022 Plan and provided for it to be implemented only upon the <br /> funding by the Ciry of the Unfunded Liability; and <br /> WHEREAS, in order to effectuate the intent of the Plan and the movement of the <br /> Plan's beneficiaries to TMRS, it is necessary that the Fund be frozen and no further changes <br /> in benefits be approved thereunder; and <br /> WHEREAS, the City Council, in furtherance of the above, finds that it is in the best <br /> interest of the City, the Fund, and its beneficiaries to enter into the Agreement Regarding <br /> Freezing of the Fire Pension Fund ("Agreement") attached hereto as Exhibit A with the <br /> Board. <br /> NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF <br /> PARIS,TEXAS: <br /> Section 1. That the findings set out in the preamble to this resolution are hereby in <br /> all things approved. <br /> Section 2. That the Agreement attached hereto as Exhibit A and incorporated herein <br /> by reference is hereby approved. <br /> Section 3. That the Mayor is hereby authorized to execute said Agreement on behalf <br /> of the City. <br /> Section 3. That this resolution shall be effective from and after its date of passage. <br /> PASSED AND APPROVED this 8th day of August, 2022. <br /> Paula Portugal, Mayo <br /> ��o�``���CITY�p''�o. <br /> ��,.���.. • • !�,o'•��. <br /> ATTEST: �o``. �•:�9= <br /> =Q_ •:<n� <br /> =N`� = <br /> � . = �''•., '�: <br /> .,� .., �`���. <br /> �,,,, js ``����o <br /> J ice Ellis, City Clerk �=�,rE:,,,Q�m <br />