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Legislation
Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 06-01650 Final Action Date:
A RESOLUTION OF THE CITY OF MIAMI 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, 2006, AND ENDING SEPTEMBER 30, 2007, IN THE AMOUNT NOT
TO EXCEED $2,667,017, EXCLUDING NORMAL COST, TO PROVIDE FOR THE
ADMINISTRATION OF THE GESE RETIREMENT TRUST FUND.
WHEREAS, Ordinance No. 10002, adopted on 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 2006 - 2007 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, attached and
incorporated, for the Fiscal Year commencing October 1, 2006, and ending September 30, 2007, in
the amount not to exceed $2,667,017, excluding normal cost, to provide for the administration of the
GESE Retirement Trust Fund, 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:
JORGE L. FERNANDEZ
CITY ATTORNEY
City of Miami Page I of 2 Printed On: 9/19/2006
File Number: 06-01650
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.
APPROVED AS TO FORM AND CORRECTNESS:
JORGE L. FERNANDEZ
CITY ATTORNEY
City of Miami Page 2 of 2 Printed On: 9/19/2006