Loading...
HomeMy WebLinkAboutResolution_27-94/95_07/27/1995 I • 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 k .O� • �� Ron T. Mackail ` ATTEST: 00 J ann Mangani llo Village Clerk