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05-75 - R TOWN OF PROSPER, TEXAS RESOLUTION NO. 05-75 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS, HEREBY ADOPTING THE LEGEND 457 DEFERRED COMPENSATION PLAN AND AUTHORIZING THE TOWN ADMINISTRATOR OR HIS/HER DESIGNEE TO EXECUTE ALL DOCUMENTS NECESSARY TO ADOPT THE PLAN. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF PROSPER, TEXAS: SECTION 1: The Town of Prosper, Texas, hereby adopts the Legend 457 Deferred Compensation Plan to benefit the Town of Prosper's employees. SECTION 2: The Town Administrator or his/her designee is hereby authorized to execute all documents necessary to adopt the Legend 457 Deferred Compensation Plan. SECTION 3: This Resolution shall take effect immediately upon its passage. RESOLVED THIS THE 27th day of September, 2005. Cha es Nisdva er, May ATTEST TO: anae Jennin , own Secrets