HomeMy WebLinkAboutLegislation 9-27-10City of Miami
Legislation
- Resolution
File Number: 10-00942
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
Final Action Date:
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' RETIREMENT TRUST
("GESE RETIREMENT TRUST FUND") FOR THE FISCAL YEAR COMMENCING
OCTOBER 1, 2010 AND ENDING SEPTEMBER 30, 2011, IN THE AMOUNT NOT
TO EXCEED $3,342,263, EXCLUDING NORMAL COST, TO PROVIDE FOR THE
ADMINISTRATION OF THE GESE RETIREMENT TRUST FUND.
WHEREAS, Ordinance No. 10002, adopted June 13, 1985, authorized a Board of Trustees to
administer the City of Miami General Employees' & Sanitation Employees' Retirement Trust ("GESE
Retirement Trust Fund"); and
WHEREAS, a budget is required to properly administer the GESE Retirement Trust Fund; and
WHEREAS, the budget of the GESE Retirement Trust Fund for Fiscal Year 2010-2011 has
been reviewed by the Board of Trustees of the GESE Retirement Trust Fund 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 Retirement Trust Fund for the Fiscal Year
commencing October 1, 2010 and ending September 30, 2011, in the amount not to exceed
$3,342,263, excluding normal cost, to provide for the administration of the GESE Retirement Trust
Fund, attached and incorporated, is approved and adopted.
Section 3. This Resolution shall become effective immediately upon its adoption and signature
of the Mayor.{1 }
APPROVED AS TO FORM AND CORRECTNESS:
JULIE 0. BRU
CITY ATTORNEY
Footnotes:
City of Miami Page 1 of 2 File Id. 10-00942 (Version: 2) Printed On: 9/20/2010
File Number: 10-00942
{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 Miami Page 2 of 2 File Id: 10-00942 (Version: 2) Printed On: 912012010