HomeMy WebLinkAboutResolution_27-94/95_07/27/1995 I
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RESOLUTION NO. 27 - 94/95
A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF
TEQUESTA, PALM BEACH COUNTY, FLORIDA, SETTING FORTH
THE INTENTIONS OF THE VILLAGE COUNCIL OF THE VILLAGE
OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, TO OPT -OUT
OF THE FLORIDA RETIREMENT SYSTEM FOR ALL NEW
EMPLOYEES COMMENCING JANUARY 1, 1996, AND AUTHORIZING
THE VILLAGE MANAGER TO SECURE THE PROFESSIONAL
ASSISTANCE TO IMPLEMENT THE SAME.
WHEREAS, the Village Council has previously set forth its
intentions to opt -out of the Florida Retirement System as
evidenced by its adoption of Resolution No. 5 -88/89 and its
adoption of a Statement of Intent on behalf of the Village
of Tequesta to withdraw from the Florida Retirement System
for all future new employees approved at the Village Council
Meeting on November 18, 1993; and
WHEREAS, the Florida Legislature has authorized cities
participating in the Florida Retirement System a one time
• opportunity to evaluate the costs and benefits of this
i program versus the opportunity to establish their own
retirement program for all new employees; and
WHEREAS, the Legislature only provided cities a one -time
option to opt -out their new employees commencing January 1,
1996.
NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE
VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS:
Section 1. The foregoing recitals are hereby ratified and
confirmed.
Section 2. The Village Council reaffirms its intent to
opt -out future employees from the costly Florida Retirement
System.
Section 3. The Village Manager is hereby authorized to
secure professional assistance necessary to effectuate the
intentions of the Village Council relative to opting out of
the Florida Retirement System and to take all legal actions
necessary to ensure the same.
THE FOREGOING RESOLUTION was offered by Councilmember
William E. Burckart , who moved its adoption. The
motion was seconded by Councilmember Carl Hansen
and upon being put to a vote, the vote was as follows.
• FOR ADOPTION AGAINST ADOPTION
Ron T. Mackail
Elizabeth A. Schauer
Carl Hansen
William E. Burckart
The Mayor thereupon declared the Resolution duly passed and
adopted this 27th day of July, A.D., 1995.
MAYOR OF TEQUESTA
ry
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• �� Ron T. Mackail
` ATTEST:
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J ann Mangani llo
Village Clerk