HomeMy WebLinkAboutR-05-0540City of Miami
Legislation
Resolution: R-05-0540
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 05-00931 Final Action Date: 9/8/2005
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"), ATTACHED AND INCORPORATED, FOR THE
FISCAL YEAR COMMENCING OCTOBER 1, 2005 AND ENDING SEPTEMBER 30,
2006, IN THE AMOUNT NOT TO EXCEED $101,039, EXCLUDING THE
ACTUARIALLY DETERMINED ANNUAL BENEFIT PAYMENT, TO PROVIDE FOR
THE ADMINISTRATION OF THE GESE EXCESS BENEFIT PLAN.
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 2005-2006 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, attached and incorporated, for
the Fiscal Year commencing October 1, 2005 and ending September 30, 2006, in the amount not to
exceed $101,039, excluding the actuarially determined annual benefit payment, to provide for the
administration of the GESE Excess Benefit Plan, is approved and adopted.
Section 3. This Resolution shall become effective immediately upon its adoption and signature of
the Mayor.{1}
Footnotes:
City of Miami
Page 1 of 2 File Id: 05-00931 (Version: 11 Printed On: 11/28/2016
File Number: 05-00931 Enactment Number: R-05-0540
{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: 05-00931 (Version: 1) Printed On: 11/28/2016