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HomeMy WebLinkAboutLegislationd City of Miami Legislation Resolution City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 12-00933a Final Action Date: 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' RETIREMENT TRUST ("GESE RETIREMENT TRUST FUND") FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2012 AND ENDING SEPTEMBER 30, 2013, IN THE AMOUNT NOT TO EXCEED $3,468,250 EXCLUDING NORMAL COST, TO PROVIDE FOR THE ADMINISTRATION OF THE GESE RETIREMENT TRUST FUND. WHEREAS, Ordinance No. 10002, adopted 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 2012-2013 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 fully set forth in this Section. Section 2. The Annual Budget of the GESE Retirement Trust Fund for the Fiscal Year commencing October 1, 2012 and ending September 30, 2013, attached and incorporated, in the amount not to exceed $3,468,250, 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 JULIE O. BRU `\�� CITY ATTORNEY �1 Footnotes: City of Miami Page 1 of 2 File Id: 12-00933a (Version: 1) Printed On: 9/18/2012 CI( File Number: 12-00933a {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: 12-00933a (Version: 1) Printed On: 9/18/2012