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2010-05RESOLUTION NO. 2010- 05 A RESOLUTION SUPPORTING THE VILLAGE OF BUFFALO GROVE BECOMING A MEMBER OF THE PENSION FAIRNESS FOR ILLINOIS COMMUNITIES COALITION WHEREAS, one of the primary functions of local municipal governments is to ensure public safety within our communities; and WHEREAS, the Village of Buffalo Grove appreciates the outstanding effort put forth our public safety employees in protecting our community; and WHEREAS, we recognize our obligation to provide our public safety employees with a fair pension that reflects their service to our community; and WHEREAS, the cost of providing General Assembly determined pension benefits has put a great financial strain on our community and our taxpayers; and WHEREAS, if solutions are not enacted by the General Assembly, the growing pension costs will place our very ability to provide public safety and other municipal services in jeopardy; and WHEREAS, this problem extends beyond the Village of Buffalo Grove and affects municipalities statewide; and WHEREAS, the Village of Buffalo Grove is committed to working with all stakeholders to implement fair and long -term changes that will ensure the sustainability of these pension funds without placing an overwhelming burden upon our taxpayers or leaving communities unable to provide basic services; and WHEREAS, Pension Fairness for Illinois Communities, a coalition of local governments and other concerned entities, has been founded with a mission of pursuing these much needed pension reforms. NOW, THEREFORE, BE IT RESOLVED that the Village of Buffalo Grove supports the mission of the Pension Fairness for Illinois Communities Coalition and agrees to become a member of the Coalition; and BE IT FURTHER RESOLVED that the Village of Buffalo Grove shall commit financial and staff resources to support the mission of the Pension Fairness for Illinois Communities Coalition; and BE IT FURTHER RESOLVED that the Village of Buffalo Grove will actively encourage the participation of local governments, their representative local government organizations and other concerned entities throughout the State of Illinois in the Pension Fairness for Illinois• Communities Coalition. AYES: 6- Braiman, Glover, Berman, Trilling, Stone, Sussman NAYES: 0 - None ABSENT: G - None PASSED: February 22, 2010 . APPROVED: February 22, 2010 ATTEST: APPROVED: Village Jerk Village President