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Get the free Resolution: Authorizing Additional Contribution to IMRF and SLEP Pension Plans

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J.CONCEIT, *Gilliam, Shallow, Franz, Barbara, Castro, StarrettFINANCE/BUDGET COMMITTEE MEETING Wednesday, October 30th, 2013 9:00 a.m. Call to Pre-approval of Minutes: September 25th, 2013Treasurers
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Step 1: Start by writing the title of the resolution. It should clearly state that it is a resolution authorizing additional contribution.
02
Step 2: Provide the background information necessary for understanding the need for the additional contribution. Include any relevant details, such as the current financial situation or any unforeseen expenses that have arisen.
03
Step 3: Clearly state the purpose of the additional contribution. Explain how it will be used and why it is necessary.
04
Step 4: Specify the amount of the additional contribution. Be precise and provide any necessary supporting documentation, such as financial reports or estimates.
05
Step 5: Include any conditions or restrictions related to the contribution, if applicable. For example, if the contribution is contingent on certain criteria being met or if it can only be used for specific purposes.
06
Step 6: State the date by which the additional contribution needs to be made, if there is a deadline.
07
Step 7: Provide a space for signatures. Include lines for the authorizing parties to sign and date the resolution.
08
Step 8: Distribute the resolution to the relevant individuals or entities who need to approve or acknowledge the additional contribution.
09
Step 9: Keep a copy of the resolution for record-keeping purposes.

Who needs resolution authorizing additional contribution?

01
A resolution authorizing additional contribution is typically needed by organizations or entities that require additional funds for specific purposes. This can include businesses, non-profit organizations, government agencies, or any other entity that operates with a budget and requires financial decision-making.
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Resolution authorizing additional contribution is a formal document that gives permission or approval for making an additional financial contribution to a specific cause or project.
The board of directors or governing body of an organization is typically required to file the resolution authorizing additional contribution.
The resolution should include details such as the amount of the contribution, the purpose of the contribution, and the date of the resolution. It should be signed by authorized individuals.
The purpose of the resolution is to formalize the decision to make an additional contribution and provide a clear record of the authorization.
The resolution should include details such as the amount of the contribution, the purpose of the contribution, the date of the resolution, and the names and signatures of authorized individuals.
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