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