1. Cause the City to withdraw as a participating employer from any third party created Trust that the City is participating in. The Board shall sign any and all documents and take any and all actions necessary to cause the City to withdraw as a participating employer of such Trust. Any funds withdrawn from the Trust shall be allocated to the participants in accordance with the PEHP.

2. Cause any City created Trust to be dissolved after payment of such Trust’s outstanding obligations. The Board shall sign any and all documents and take any and all actions necessary to dissolve such Trust. Any funds remaining upon dissolution of the Trust shall be allocated to the participants in accordance with the PEHP. (Ord. No. G-5049, § 2, 2007)