HomeMy WebLinkAboutR-10-0428Vop City of Miami
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Resolution: R-10-0428
File Number: 10-00943
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
Final Action Date: 9/27/2010
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE CITY OF MIAMI
GENERAL EMPLOYEES' & SANITATION EMPLOYEES' EXCESS BENEFIT PLAN
("GESE EXCESS BENEFIT PLAN") FOR THE FISCAL YEAR BEGINNING
OCTOBER 1, 2010 AND ENDING SEPTEMBER 30, 2011, IN THE AMOUNT NOT
TO EXCEED $138,216, AS STATED HEREIN.
WHEREAS, under Section 40-265 of the Code of the City of Miami, Florida, as amended, the
Board of Trustees is appointed as the committee to administer the City of Miami General Employees'
& Sanitation Employees' Excess Benefit Plan ("GESE Excess Benefit Plan"); and
WHEREAS, a budget is required to properly administer the GESE Excess Benefit Plan; and
WHEREAS, the budget of the GESE Excess Benefit Plan for Fiscal Year 2010 - 2011 has
been reviewed by the Board of Trustees of the GESE Excess Benefit Plan and found to be
acceptable;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI,
FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted
by reference and incorporated as is fully set forth in this Section.
Section 2. The Annual Budget of the GESE Excess Benefit Plan for the Fiscal Year
commencing October 1, 2010, and ending September 30, 2011, in the amount not to exceed
$138,216, excluding the actuarially determined annual benefit payment, to provide for the
administration of the GESE Excess Benefit Plan, attached and incorporated, is approved and
adopted.
Section 3. This Resolution shall become effective immediately upon its adoption and
signature of the Mayor.{1}
Footnotes:
{1} If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar
day from the date it was passed and adopted. If the Mayor vetoes this Resolution, it shall become
effective immediately upon override of the veto by the City Commission.
City of Miand Page 1 of I File Id. 10-00943 (Version: 2) Printed On: 8/9/2017