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HomeMy WebLinkAboutLegislation 9/12/06City of Miami Legislation Discussion Item City Hall 3500 Pan American Drive Miami, FL 33133 www.mlamigov.com File Number: 06-01566 Final Action Date: DISCUSSION OF CITY OF MIAMI FIRE FIGHTERS' AND POLICE OFFICERS' RETIREMENT TRUST FUND RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S), APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE FOR FISCAL YEAR COMMENCING OCTOBER 1, 2006, AND ENDING SEPTEMBER 30, 2007, IN THE AMOUNT OF $1,907,082.00, EXCLUDING NORMAL COST, TO PROVIDE FOR THE ADMINISTRATION OF THE RETIREMENT TRUST FUND. WHEREAS, Ordinance No. 10002 was adopted by the City Commission on June 13, 1985, authorizing a Board of Trustees to administer the City of Miami Fire Fighters' and Police Officers' Retirement Trust Fund; and WHEREAS, a budget is required to properly administer the Trust Fund; and WHEREAS, the budget of the City of Miami Fire Fighters' and Police Officers' Trust Fund for Fiscal Year 2006 - 2007 to operate has been reviewed by the Board of Trustees of the City of Miami Fire Fighters' and Police Officers' 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 City of Miami Fire Fighters' and Police Officers' Retirement Trust Fund for Fiscal Year commencing October 1, 2006, and ending September 30, 2007, in the amount of $1,907,082.00, excluding normal cost, attached and incorporated, to provide for the operation of the City of Miami Fire Fighters' and Police Officers' Retirement Trust Fund is approved and adopted. Section 3. This Resolution shall become effective immediately upon its adoption and signature of the Mayor. 1 / PASSED AND ADOPTED this day of , 2006. MANUEL A. DIAZ, MAYOR City of Miami Page I of 2 Printed On: 8/31/2006 File Number: 06-01566 ATTEST: PRISCILLA A. THOPSON CITY CLERK APPROVED AS TO FORM AND CORRECTNESS: JORGE FERNANDEZ CITY ATTORNEY 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 2 of 2 Printed On: 8/31/2006