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HomeMy WebLinkAboutOrdinance_520_10/10/1996ORDINANCE NO. 520 AN ORDINANCE OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AMENDING ORDINANCE N0. 518 SO AS TO CLARIFY SAME; PROVIDING FOR SEVERABILITY; PROVIDING FOR REPEAL OF ORDINANCES IN CONFLICT; PROVIDING FOR CODIFICATION; PROVIDING AN EFFECTIVE DATE. WHEREAS, the Village Council on July 30, 1996, adopted Ordinance No. 518, thereby adopting the Employees' Pension Trust Fund and the Plan Document relating thereto; and WHEREAS, Section 1 of Ordinance No. 518 provided that the participation of said Plan and Trust in the Florida Municipal Pension Trust mound is hereby rescinded in its entirety; and WHEREAS, it was not the intention of the Village to rescind the participation of said Plan and Trust in the Florida Municipal Pension Trust Fund, but only to restate the terms thereof so as to be in accordance with the newly established "Employees' Pension Trust Fund"; NOW, THEREFORE, BE IT ORDAINED BY THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS: • Section 1. Section 1 of Ordinance No. 518 is hereby amended to read as follows: "Ordinance No. 460 of the Village of Tequesta, as amended, which ordinance provided for the establishment of a Local Law Retirement Plan and Trust for the firefighters of the Village of Tequesta, Florida, and authorized the participation of said plan and trust in the Florida Municipal Pension Trust Fund is hereby restated in the manner and form attached hereto and incorporated herein." Section 2. All other portions of Ordinance No. 518 shall remain unchanged. Section 3. Severability. If any provision of this Ordinance or the application thereof is held invalid, such invalidity shall not affect the other provisions or applications of this Ordinance which can be given effect without the invalid provisions or applications, and to this end, the provisions of this Ordinance are hereby declared severable. Section 4. Repeal of Ordinances in Conflict. All other ordinances of the Village of Tequesta, Florida, or parts thereof which conflict with this or any part of this Ordinance are hereby repealed. Section 5. Codification. This Ordinance shall be codified and made a part of the official Code of Ordinances of the Village of Tequesta. Section 6. Effective Date. This Ordinance shall take effect immediately upon its passage and approval, as provided by law. THE FOREGOING ORDINANCE was offered by Schauer who moved its adoption. was seconded by Councilmember Hansen being put to a vote, the vote was as follows: Councilmember The Ordinance and upon FOR ADOPTION AGAINST ADOPTION Jospeh N. Capretta Carl C. Hansen Ron T. Mackail I~Zichael R. Meder Elizabeth A. Schauer The Mayor thereupon declared the Ordinance duly passed and . adopted this 1Gth day of Goober 1996. MAYOR OF TEQUESTA Ron T. Mackail ATTEST: ~~ V llage Clerk JCR\131530RD\PENSION.3 •