HomeMy WebLinkAboutR-17-0442City of Miami
Resolution R-17-0442
Legislation
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 2731 Final Action Date: 9/19/2017
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"), ATTACHED AND INCORPORATED, IN THE
AMOUNT OF $3,377,792.00, EXCLUDING NORMAL COSTS, TO PROVIDE FOR THE
ADMINISTRATION OF THE GESE RETIREMENT TRUST FUND FOR THE FISCAL
YEAR COMMENCING OCTOBER 1, 2017 AND ENDING SEPTEMBER 30, 2018.
WHEREAS, Section 40-243 of the Code of the City of Miami, Florida, as amended,
authorizes the Board of Trustees ("Trustees") to administer the City of Miami General
Employees' and Sanitation Employees' Retirement Trust Fund ("GESE Retirement Trust Fund");
and
WHEREAS, an annual budget is required to properly administer the GESE Retirement
Trust Fund; and
WHEREAS, the Trustees reviewed and approved the GESE Retirement Trust Fund
budget for Fiscal Year 2017-2018 on March 17, 2017; and
WHEREAS, the Trustees request the approval of the GESE Retirement Trust Fund
budget for the Fiscal Year commencing October 1, 2017 and ending September 30, 2018, in the
amount of $3,377,792.00, excluding normal costs;
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 GESE Retirement Trust Fund Fiscal Year 2017-2018 budget, attached
and incorporated, for the Fiscal Year commencing October 1, 2017 and ending September 30,
2018, in the amount of $3,377,792.00, excluding normal costs, 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 If the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days
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 2 File ID: 2731 (Revision:) Printed On: 3/24/2025
File ID: 2731 Enactment Number: R-17-0442
APPROVED AS TO FORM AND CORRECTNESS:
City of Miami Page 2 of 2 File ID: 2731 (Revision:) Printed on: 3/24/2025