HomeMy WebLinkAboutSummary Form SRSECOND READING ORDINANCE
AGENDA ITEM SUMMARY FORM
FILE ID: 13-01 25 1
Date: 11/25/2013 Requesting Department: Office of Management and Budget
Commission Meeting Date: 12/12/13
District Impacted: N/A
Type: ❑ Resolution ® Ordinance ❑ Emergency Ordinance ❑ Discussion Item
Law Department
Matter ID No.
Subject: An Ordinance amending the Miami Fire Fighters' Relief and Pension Fund Share Plan to
comply with Internal Revenue Service (IRS) requirements.
Purpose of Item:
AN ORDINANCE OF THE MIAMI CITY COMMISSION AMENDING ORDINANCE NO. 6432, ADOPTED
• SEPTEMBER 2, 1959; AS SUBSEQUENTLY AMENDED, ENTITLED "THE MIAMI FIRE FIGHTERS' RELIEF
AND PENSION FUND".
This item passed on first reading on November 21, 2013.
Background Information:
The Miami Firefighters' and Police Officers' Retirement Trust ("FIFO") share plan is recommended to
be amended at the request of the International Association of Firefighters (IAFF), AFL-C10, Local 587
to comply with Internal Revenue Service (IRS) requirements. The changes herein do not affect the
existing collective bargaining agreement and do not change any requirements of the City of Miami.
Budget Impact Analysis
NO . . Is this item related to revenue?
NO Is this item an expenditure? If so, please identify funding source below.
General Account No:
Special Revenue Account No:
CIP Project No:
NO Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
CIP
none
Final Approvals
(SIGN AND DATE)
Bud
If using or receiving capital funds
Grants Risk Management
Purchasing Dept. Direc
Chief City Manager �
Ir I 3
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