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HomeMy WebLinkAboutCity of Tamarac Ordinance O-1987-0231 2 3 d 7 B 9 10 11 12 1'� 14 15 16 31 32 33 34 35 Introduced by: �/f'i Temp. Ord. #1322 Rev. 4/10/87 CITY OF TAMARAC, FLORIDA ORDINANCE No. 0-87- �-:75 AN ORDINANCE AMENDING SUBSECTION 19--1.2(q) OF THE TAMARAC CITY CODE REGARDING THE RETIRE- MENT PLAN FOR CITY EMPLOYEES; PROVIDING FOR AN ANNUAL BUDGET UNDER CERTAIN TERMS AIq-D CONDITIONS; PROVIDING FOR CODIFICATIOP,.; PROVIDING FOR SEVERABILITY OF INVALID PRO- VISIONS; PROVIDING A REPEALER; AND PROVIDING AN EFFECTIVE DATE. WHEREAS, a public hearing has been held pursuant to Chapter 166, Florida Statutes; and WHEREAS, the City Council of the City of Tamarac deter- mines that it is in the public interest to adopt the follow- ing Ordinance. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF TAMARAC, FLORIDA: SECTION 1: That Subsection 19-1.2(q) of the Tamarac City Code is hereby amended to read as follows: (q) Annual Budget. For each fiscal year which shall coincide with the Cit es fiscal year the administrative board shall adopt an annual budget for the operating, administrative and investment expenses of the retirement plan. The budget shall not exceed <vxae-4;. ,A two (2 ) percent of the present market value of the retirement plan invest- ments calculated at <a-specific_datQ_d�rir�g-t}ie-}Qat-quarter e€--lie-Peeedi�g--€ilea}-yea> the last day of the third uarter of the recedin fiscal year. The annual budget <;Ray> shall. be funded completely by the <eitpla-genera}-f-undT vvmP1afe1}-by-€he> retirement plan assets and earnings <r-or- a-cvmbis�afiera__s€- die-ewe-4 }-set eea�. «he--aelministrat:�re bva�d-cbail-es€a}a�€s}a-1a��ehasi�g-ar�e�-gapr�ent-preeec�exres-vchsch ehal�--be--ie--w"it"g--and-avai}ab}e--f-er--examinartxan--zr=d puxcbaaa_�xeaa_fbe_ci�y_aie l�r> Payments in excess of <f-±7e tbauaand_dvl].ara-$�,aQar�g�� those provided in the annual budget shall be approved by the city council before disbursement. -I- Temp. Ord. W 1322 Rev. 4/10/87 1 2 3 4 7 8 9 10 11 12 13 14 15 16 19 20 21 22 23 24 25 '6 27 28 ,? 31 32 33 34 35 SECTION 2: Specific authority is hereby granted to codify this Ordinance. SECTION 3: All Ordinances or parts of Ordinances in conflict herewith are hereby repealed to the extent of such conflict. SECTION 4: If any provision of this Ordinance or the application thereof to any person or circumstance is held invalid, such invalidity shall not affect other provisions or applications of this Ordinance that can be given affect without the invalid provision or application, and to this end the provisions of this Ordinance are declared to be sever- able. SECTION 5: This Ordinance shall become effective immediately upon adoption and passage. PASSED FIRST READING this day of 6-' , 1987. PASSED SECOND READING this /3 day of , 1987. ATTEST: CAROL E . BARBUTO CITY CLERK I HEREBY CERTIFY that I have approved this ORDINANCE as to form. A. BRYANTAPPLE' QATE� CITt ATTORNEY ' 2081040387/t 7! BERNARDHART MAYOR MAYOR: HART DIST. 1: C/M ROHR -- DIST. 2: C/M STEIZER L DIST. 3: C/M HOFFMAN DIST. 4: V/M STEIN -2- ACKNOWLEDGMENT DATE: June 1, 1987 011 City of Tamarac, Florida (Supplement No,) We are in receipt of the following material which will be con- sidered for inclusion in the next Supplement to your Code - ordinance No. 0-87-23 Thank you for your assistance and cooperation. Robert L. Laslie Vice president - Supplements Municipal Code Corporation P.1. DISTRIBUTION LIST v.of Copies- DEPAR77-MNT OR PERSON RECEIVED BY L�0/97 DATE COUNCIL C'7TY ATTnRNFY CITY ENGINEER T// CITY PLANNER CHIEF BUILDING OFFICIAL BUILDING DEPARTMENT - TRAILER Conn ENFORCEMENT IRENE MASTER FILE CITY MANAGER FINANCE DIRECTOR FINANCE- SUPV. ACCOUNTANT PURCHASING POLICE DEPARTMENT- CHIEF POLICE DEPARTMENT - JIM RECREATION DEPARTMENT PUBLIC WORKS DEPARTMENT FIRE DEPARTMENT TUW ADMINISTRATION l CODIFIER (MAIL IMMEDIATELY) Mun cipal Code Corp.,PO 2235, Tallah ssee 32304 Robert Laslie n charge of 5WP - Robert Ussery (in charge of Codification) PERSONNEL 9 G COMMISSION BOARD OF ADJUSTMENT CHARTER BOARD PUBLIC INFORMATION COMM COUNTY LIBRARIAN COUNTY TAX APPRAISER W.W. WILSON BROWARD CTY.PLANNING COUNCIL PETITIONER OR APPLICANT CLERK'S PROJECT FILE William Markham 115 S. &dWo Ave,, Pt. Tau 115 S. Andre-g3 Ave., Rm. 307 Ft. Lauderdale, Fla. 333QI 8519 W. McNab Rd. Tamarac 33 COPIED , DISTRIBUTED