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At a glance: East Grand Rapids Commission approves Roth 457 option, park sidewalks, lake management and village lighting
Summary
The commission approved several consent and contract items: adding a Roth contribution option to the city's 457 deferred-compensation plan, an $11,000 sidewalk contract at Remington Park, a multi-year lake management services contract, and a streetscape lighting contract for Gaslight Village.
The East Grand Rapids City Commission approved four motions and related contracts during the meeting.
- Deferred-compensation plan: The commission voted to add a Roth contribution option to the city employees' 457 Deferred Compensation Plan, giving staff another post-tax savings option. Finance Director Sharla Seath told the commission the option costs the city nothing and allows higher contribution limits than a Roth IRA.
- Remington Park sidewalks: The commission approved…
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