HomeMy WebLinkAboutR-04-0661City of Miami
Legislation
Resolution: R-04-0661
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 04-01068 Final Action Date: 9/28/2004
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") TO PROVIDE FOR THE ADMINISTRATION OF
THE GESE EXCESS BENEFIT PLAN, FOR THE FISCAL YEAR COMMENCING
OCTOBER 1, 2004, AND ENDING SEPTEMBER 30, 2005, IN THE AMOUNT NOT
TO EXCEED $121,943, EXCLUDING THE ACTUARIALLY DETERMINED ANNUAL
BENEFIT PAYMENT.
WHEREAS, under Section 40-265 of the City of Miami Code, 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 2004-2005 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, 2004, and ending September 30, 2005, in the amount not to exceed $121,943, 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
days 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 1 of 1 File Id: 04-01068 (Version: 1) Printed On: 10/4/2016