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10/10/1980 - City Council Finance Committee MEMO TO: HONORABLE MAYOR BLOMQUIST FROM: CITY ADMINISTRATOR HEDGES DATE: OCTOBER 10, 1980 SUBJECT: STATEMENT BY RICK BERTZ, 550 ATLANTIC HILLS DRIVE Enclosed is a copy of a reply message and also the official statement that Mr. Bertz made at the October 7, 1980, City Council meeting. • \\N,r,^AA:L.6 cr-■ City Administrator MEMO TO: FINANCE COMMITTEE MEMBERS FROM: CITY ADMINISTRATOR HEDGES DATE: OCTOBER 10, 1980 SUBJECT: RELIEF ASSOCIATION STUDY/HEWITT ASSOCIATES Enclosed is a copy of a letter from Mr. Lindberg outlining a proposal to conduct a feasibility study regarding the conversion of the defined benefit plan to a defined contribution plan. Also enclosed is a copy of my letter to Mr. Lindberg, officially authorizing the study. I sense a feeling of frustration among the Relief Association members per a telephone conversation with John Flood this afternoon regarding the status of the negotiations regarding conversion of a defined benefit plan to a defined contribution plan/additional benefits as perceived by the Relief Association. \.'rvuJ•4 City Administrator