HomeMy WebLinkAboutR-12-0359City of Miami
Legislation
Resolution: R-12-0359
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 12-00933a Final Action Date: 9/27/2012
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 $2,849,700 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 $2,849,700, 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}
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: 12-00933a (Version: 2) Printed On: 12/8/2017