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HomeMy WebLinkAboutR-05-0544City of Miami Legislation Resolution: R-05-0544 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 05-00933 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 FIRE FIGHTERS' AND POLICE OFFICERS' RETIREMENT TRUST FUND ("FIPO RETIREMENT TRUST FUND") FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2005 AND ENDING SEPTEMBER 30, 2006, ATTACHED AND INCORPORATED, IN THE AMOUNT NOT TO EXCEED $1,746,565, EXCLUDING NORMAL COST, TO PROVIDE FOR THE ADMINISTRATION OF THE FIPO RETIREMENT TRUST FUND. WHEREAS, Ordinance No. 10002, adopted June 13, 1985, authorized a Board of Trustees to administer the City of Miami Fire Fighters' and Police Officers' Retirement Trust Fund ("FIPO Retirement Trust Fund"); and WHEREAS, a budget is required to properly administer the FIPO Retirement Trust Fund; and WHEREAS, the budget of the FIPO Retirement Trust Fund for Fiscal Year 2005-2006 has been reviewed by the Board of Trustees of the FIPO 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 FIPO Retirement Trust Fund for the Fiscal Year commencing October 1, 2005 and ending September 30, 2006, attached and incorporated, in the amount not to exceed $1,746,565, excluding normal cost, to provide for the operation of the FIPO Retirement Trust Fund, 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 Miami Page 1 of 1 File Id: 05-00933 (Version: 11 Printed On: 11/28/2016