HomeMy WebLinkAbout1972 Ordinance No. 037DZ& &VI -.U AB A M££ ar COUllCIUllUI DllOIU'IY.
• MlftlOIU'lT
08DIUIK2 .,. J!_, Baia °' Jt72
-<9Jll'JM.C. MIDDIS 18Cf'Im 5, C&Vl'D ,, rzru 5 °' t'D JHf •••• c., ALUJllillG POR
ctJIMCn,, aBa£1'SMIFi Dr QPrJ"O&V. PmIO# PIMIB ftlt _,UWW An'Olll'l'MD IW COUllCIL.
ftlNU, .it u t'elt bv the C1tfl COUncll tlMlt the oarrmt C1tfl ot' bfll.aod Ret1rwnt
Pla u aot Jllllttal'IMd t'or the n••rb ot' the ,,ral'w1wl o1tJ ecfe«n1•tr•tor1 and
-us, the Jll'••t CO«mc1J ... JJll011Jtad .. Ja,w t1•1n the opt.ion ot' jo1n1ng the ICllA
JWJdcm •-1tv Plu1 utl
RIJRDS, the CJtfl Couno1l on llOv iber 6, 1172, ,... .. a .,t1on uldng the C1ty Attorney
to tlr., u11 u onflnence 80V1og the C1tfl Attornev and C1tfl llanager JXM1t1oiw out of the C1ty
~ Plu utl 11Jto the .rau Plan •
.. , i'8WUdf, -I'l' RllllOLnD IW nm Cirr COUllCIL or nm Cirr 01' mlGLlfllOOD, ARAPAHOE
QMllZT, C0£mAD0, U t'olJOllS I
s.:tJcm J. s.:tJon 5-t-5 ot' the DtgletlOOd llluUo1,.i Code 1• wnded •• follows:
l'Or e.cb .. l~ who becom•• •uch at'ter Januaey l, 1170, •--r•h1P 1n the Plan shall
be a coad1t1on ot' -.JOSI mt, and .uch emplas1ee ahall be requ1red to cemplete the form of member-
-11111 41gr• r rat at the t.1me ot' empJau rot. Such .-pl~ •hall ~ a •lldxrr on the date of
-.ZC'll I at•
ftae CJtfl COUnc1l •fl ..ubl1u opt1onal ,,_.1on or tlet'erred cemJ*!Ut1on plans for ellPlot••• •l'll01ntad bv CtMnc1l. UJJOG •tabl1•1mmt ot' an opt1cma.l Ill• or plans and subaequent
notJc=e Jn ttr1tblg bv Ml.ti COUncll •JJJIOUJtee ot' IJJ.• clMage to tlMlt JJJan, the Ret1raaent Board of
tJae CJq ot' an.,l•aod ~t Plu Hall ,.fl over to the rrut• ot' the nfltf plan that port1on
ot' ,..,,,,_ ,.._1oa.l.fl aoa•m•Jatad cm belMlt' ot' the .. lave-t'rm ,,rev1ou contr1but1ons made by
tJae c1t,, Jaollllf1• all Mmetl mtere•t.
Add1tJOIJllJJf1, the Ret1rwnt llcMrd ot' the C1tfl ot' llngletlOOd Ret1rwnt Plan shall pay
to the -.zawee, or Id• t1•1gw, thou t'untt. contr1butad bf the ..,,.ZO!I• plu• the earned 1nterest.
ft» Mrned Jaterest ret'erred to &lxwe •hall be Jnter•t at a rate aa determ1ned by the
a.rd t'nm tJm9 to t.1me om..1der1og the rate ot' eamJnfl• on the Jnvestmena of the pens1on funds.
Beot1cm a. f'IMt all ord1IMllDN or ,.re. ot' ord~ 1n c:ont'l1ct herev1th are
,.,.,., aprwlf rejlMlad •
.....,.._.._., read 1n t'uJ.J, anti ,....er cm t'1r•t reatlJng cm the 4th day of December, 1972.
Pab.11.,_, u • aill t'or u Ord1nlmt:e cm the 7th d•fl ot' o.c..ber, 1972 •
...,, bv tJtle anti ,,aaed cm t'JIMl rMdJng cm the Jlth dafl ot' oec:.ber, 1972.
Pab.11.,_, bv t1tle u OrdbMnce llO. 37, Ber1• ot' 1172, on the 2l•t day of December, 1972 •
.. ,or
~~
• Ot't'1o.1o C1tfl-clerk-reuunr
z, Drl r. llOll~, do 1Jel'eb9 cert1t'fl tlMt the &lxwe .m t'orego1ng 1s a true,
mnte, aad COlllPlete oow ot' the Ord1nlmt:e, ,... .. on ~JIMl Z'Md1ng .m publ1shed by t1tle
u onr«..-.,,. llO. '7, Ber1• ot' lf72.
~Alo~
e11 ot't'1c1o C1ty-Clerk-~reasurer
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