HomeMy WebLinkAbout1353 ORDINANCE NO. 1353
AN ORDINANCE OF THE CITY OF SANFORD,
FLORIDA, ADOPTING THE STATE OF FLORIDA
MUNICIPAL FIREMEN'S PENSION TRUST FUND
IN ACCORDANCE WITH THE PROVISIONS OF
CHAPTER 175, FLORIDA STATUTES, PROVIDING
FOR THE CITY OF SAN FORD TO CONTRIBUTE AN
AMOUNT EQUAL TO TEN PERCENT OF THE
SALARY OF EACH UNIFORMED FIREMAN WHO IS
A MEMBER OF THE SANFORD FIRE DEPARTMENT,
ONE-HALF OF SUCH CONTRIBUTION TO BE
CREDITED AS A CONTRIBUTION TO THE TRUST
FUND BY THE INDIVIDUAL FIREMAN, PROVIDING
FOR THE ASSETS OF THE CITY OF SAN FORD
FIREMEN'S RELIEF AND PENSION FUND TO BE
MAINTAINED LOCALLY, PROVIDING FOR THE
MEMBERS OF THE BOARD OF TRUSTEES OF THE
FORMER SAN FORD FIREMEN'S RELIEF AND
PENSION FUND TO BE THE TRUSTEES OF THE
MUNICIPAL FIREMEN~S PENSION TRUST FUND
AND TO SERVE IN ACCORDANCE WITH THE
REQUIREMENTS OF CHAPTER 175, FLORIDA
STATUTES, AND PROVIDING FOR AN EFFECTIVE
DATE OF OCTOBER 1, 19~6.
WHEREAS, the Legislature of the State of Florida at the
regular session of the 1976 Legislature adopted Chapter' 76-484, which
said legislative act repealed Chapter 61-2792 and Chapter 65-2437,
Laws of Florida; and
WHEREAS, the passage of Chapter 76-484, Laws of Florida,
abolished the City of Sanford Firemen's Relief and Pension Fund, and
as a result of said act the members of the City of Sanford Fire Depart-
ment shall be governed by Chapter 175, Florida Statutes, said chapter
being entitled Municipal Firemen's Pension Trust Fund; and
WHEREAS, it is necessary to pass an OrdLnance ~n order to
transfer the assets of the Sanford Firemen's Relief and Pension Fund
to the Municipal F[remen's Pension Trust Fund; and
WHEREAS, it is the desire of the City Commission of the
City of Sanford to contribute an mount equal to ten percent of the
salary of each uniformed fireman to the pension trust fund and,
further, to provide that one-half of such contribution be credited
as a contribution to the trust fund by the individual fireman°
NOV~ THEREFORE, BE IT ENACTED BY THE CITY
OF SAN FORD, FLORIDA:
SECTION 1. That Chapter 175, Florida Statutes, said
chapter being entitled "Municipal Firemen's Pension Trust Fund" be
and the same ~s hereby adopted.
SECTION 2. That the City of Sanford, Florida, shall
contribute an amount equal to ten percent of the salary of each
uniformed fireman who is a member of the Sanford Fire Department,
to the City of Sanford, Florida Municipal Firemen's Pension Trust
Fund, and one-half of such contribution shall be credited as a contri-
bution to sa~d trust fund by the individual fireman.
SECTION 3. That all assets of the City of Sanford Firemen's
Relief and Pension Fund shall remain under the jurisdiction of the
present trustees of the City of Sanford Firemen's Relief and Pension
Fund and said funds shall hereafter be designated as the C~ty of Sanford,
Florida Municipal Firemen's Pension Trust Fund.
SECTION 4. That the present members of the Board of
Trustees of the City of Sanford Firemen's Relief and Pension Fund
shall remain in office under the City of Sanford, Florida Municipal
Firemen's Pension Trust Fund and their term of service shall be
regulated by the provisions of Chapter 175, Florida Statutes.
SECTION 5. That all Ordinances or parts of Ordinances
in conflict herewith be and the same are hereby repealed.
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SECTION 6. That this Ordinance shall become effective
on Oc~obel~ 1, 1976.
PASSED AND ADOPTED
1976.
Mayor
As the City Commission of the
CRy of Sanford, Florida.
CERTIFICATE
I, H. N. Tamm,Jr., City Clerk of the City of Sanford, Florida,
do hereby certify that a true and correct copy of the foregoing Ordi-
nance No. 1353, PASSED and ADOPTED by the City Commission of the City
of Sanford, Florida, on the 27th day of September, 1976, was POSTED
at the front door of the City Hall in the City of Sanford, Florida,
on the 28th day of September, 1976.
City of Sanford, Florida
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