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City of Miami
Legislation
Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 12-00934a 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' EXCESS BENEFIT PLAN
("GESE EXCESS BENEFIT PLAN") FOR THE FISCAL YEAR COMMENCING
OCTOBER 1, 2012 AND ENDING SEPTEMBER 30, 2013, IN THE AMOUNT NOT
TO EXCEED $109,307, EXCLUDING THE ACTUARIALLY DETERMINED ANNUAL
BENEFIT PAYMENT, TO PROVIDE FOR THE ADMINISTRATION OF THE GESE
EXCESS BENEFIT PLAN.
WHEREAS, under Section 40-265 of the Code of the City of Miami, Florida, as amended, a
Board of Trustees is appointed as the committee to administer the City of Miami General Employees' &
Sanitation Employees' Excess Benefit Plan ("GESE Excess Benefit Plan"); and
WHEREAS, a budget is required to properly administer the GESE Excess Benefit Plan; and
WHEREAS, the budget of the GESE Excess Benefit Plan for Fiscal Year 2012-2013 has been
reviewed by the Board of Trustees of the GESE Excess Benefit Plan 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 Excess Benefit Plan for the Fiscal Year
commencing October 1, 2012 and ending September 30, 2013, attached and incorporated, in the
amount not to exceed $109,307, excluding the actuarially determined annual benefit payment, to
provide for the administration of the GESE Excess Benefit Plan, 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
Footnotes:
City of Miami Page 1 of 2 File Id: 12-00934a (Version: 1) Printed On: 9/18/2012
File Number: 12-00934a
{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: 12-00934a (Version: 1) Printed On: 9/18/2012