3180 ORDINANCE NO. 3180
AN ORDINANCE OF THE CITY OF SANFORD, FLORIDA, AMENDING
ORDINANCE NO. 1688 AS AMENDED BY ORDINANCE 1850 AS
AMENDED BY ORDINANCE 3076 OF THE CITY OF SANFORD,
FLORIDA; PROVIDING FOR AN AMENDED PENSION PLAN FOR POLICE
OFFICERS TO INCREASE BENEFIT RATES FROM 3.00% TO 3.19%;
PROVIDING FOR SEVERABILITY, CONFLICTS AND EFFECTIVE DATE.
WHEREAS, it iS the desire of the Sanford City Commission to
amend the Police Officers' Pension Plan to increase the monthly
retirement benefit.
NOW, THEREFORE, BE IT ENACTED BY THE PEOPLE OF THE CITY OF
SANFORD, FLORIDA:
SECTION 1: Section 3 of Ordinance No. 2067 is amended to
read as follows:
SECTION 3: The monthly retirement benefit shall equal three
and nineteen one hundredths (3.19%) of Average Monthly
Earnings, for each year of Credit Service.
SECTION 2: SEVERABILiTY. If any section, sentence,
phrase, word, Or portion of this Ordinance is determined to be
invalid, unlawful, or unconstitutional, said determination shall be
held to invalidate or impair the validity, force, or effect of any
other section, sentence, phrase, word, or portion of this Ordinance
not otherwise determined to be invalid, unlawful, or
unconstitutional.
SECTION 3: CONFLICTS. All ordinances or resolutions or
parts of ordinances or resolutions in conflict herewith are hereby
repealed to the extent of any conflict.
SECTION 4: EFFECTIVE DATE. This Ordinance shall become
effective immediately upon passage and adoption.
1993.
ATTEST:
CITY OF SANFORD, FLORIDA
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CERTIFICATE
I, Janet R. Donahoe, City Clerk of the City of Sanford,
Florida, do hereby certify that a true and correct copy of the
in the City of Sanford, Florida, f 1
1993.
~~TY CLERK OF THE CITY
OF SANFORD, FLORIDA
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Ordinance No. 3180