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HomeMy WebLinkAboutLegislation-SUBCity of Miami Legislation Resolution: R-18-0423 THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT END OF THIS DOCUMENT. City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com File Number: 4592 Final Action Date: 9/27/2018 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"), ATTACHED AND INCORPORATED, IN THE AMOUNT OF $112,477.00 TO PROVIDE FOR THE ADMINISTRATION OF THE GESE EXCESS BENEFIT PLAN FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2018, AND ENDING SEPTEMBER 30, 2019. WHEREAS, Sections 40-243 and 40-265 of the Code of the City of Miami, Florida, as amended, authorize the Board of Trustees ("Trustees") to administer the City of Miami General Employees' and Sanitation Employees' Excess Benefit Plan ("GESE Excess Benefit Plan"); and WHEREAS, an annual budget is required to properly administer the GESE Excess Benefit Plan; and WHEREAS, the Trustees reviewed and approved the GESE Excess Benefit Plan budget for Fiscal Year 2018-2019 on March 23, 2018; and WHEREAS, the Trustees requested the approval of the GESE Excess Benefit Plan budget for the Fiscal Year commencing October 1, 2018, and ending September 30, 2019, in the amount of $112,477.00; and WHEREAS, on September 13, 2018, the Miami City Commission discussed and deferred until today's September 27, 2018 meeting the consideration of the GESE Excess Benefit Plan budget for the Fiscal Year commencing October 1, 2018 and ending September 30, 2019, and approved the amount of $112,477.00 to provide for the administration of the GESE Excess Benefit Plan, which will be reconsidered by the Trustees at tomorrow's September 28, 2018 meeting; 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 Excess Benefit Plan budget for Fiscal Year 2018-2019, attached and incorporated, in the amount of $112,477.00 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 City of Miami 4592 Legislation -SUB Page 1 of 2 File ID: 4592 (Revision: B) Printed On: 9/4/2020 THIS DOCUMENT IS A SUBSTITUTION TO ORIGINAL. BACKUP ORIGINAL CAN BE SEEN AT END OF THIS DOCUMENT. File ID: 4592 signature of the Mayor.' APPROVED AS TO FORM AND CORRECTNESS: Enactment Number: R-18-0423 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 2 of 2 File ID: 4592 (Revision: B) Printed on: 9/4/2020 City of Miami Legislation Resolution: R-18-0423 SUBSTITUTED File Number: 4592 uty hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Final Action Date: 9/ 2018 A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT( APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE CITY OF ' MI GENERAL EMPLOYEES' & SANITATION EMPLOYEES' EXCESS BENEF PLAN ("GESE EXCESS BENEFIT PLAN"), ATTACHED AND INCORPORATEI, IN THE AMOUNT OF $112,477.00 TO PROVIDE FOR THE ADMINISTRATIO OF THE GESE EXCESS BENEFIT PLAN FOR THE FISCAL YEAR COMMENCING 'ACTOBER 1, 2018, AND ENDING SEPTEMBER 30, 2019. WHEREAS, Sections 40-243 and 40-265 of the Code of the ity of Miami, Florida, as amended, authorize the Board of Trustees ("Trustees") to admini er the City of Miami General Employees' and Sanitation Employees' Excess Benefit Plan (" SE Excess Benefit Plan"); and WHEREAS, an annual budget is required to properl administer the GESE Excess Benefit Plan; and WHEREAS, the Trustees reviewed and appro -d the GESE Excess Benefit Plan budget for Fiscal Year 2018-2019 on March 23, 2018; and WHEREAS, the Trustees requested the approval of the GESE Excess Benefit Plan budget for the Fiscal Year commencing Octo• -r 1, 2018, and ending September 30, 2019, in the amount of $112,477.00; and WHEREAS, on September 13, 418, the Miami City Commission discussed and deferred until today's September 27, .18 meeting the consideration of the GESE Excess Benefit Plan budget for the Fiscal Yar commencing October 1, 2018 and ending September 30, 2019, and approved the amo t of $112,477.00 to provide for the administration of the GESE Excess Benefit Plan, wh will be reconsidered by the Trustees at tomorrow's September 28, 2018 meeting. NOW, THEREFOr , BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. e recitals and findings contained in the Preamble to this Resolution are adopted by refer- ce and incorporated as is fully set forth in this Section. Secti and incorp Excess B 2. The GESE Excess Benefit Plan budget for Fiscal Year 2018-2019, attached ted, in the amount of $112,477.00 to provide for the administration of the GESE nefit Plan is approved and adopted. Section 3. This Resolution shall become effective immediately upon its adoption and City of Miami Page 1 of 2 File ID: 4592 (Revision: A) Printed On: 9/4/2020 File ID: 4592 SUBSTITUTED Enactment Number: R-18-0423 signature of the Mayor.' APPROVED AS TO FORM AND CORRECTNESS: ndez, City ttor ey 8/29/2018 the Mayor does not sign this Resolution, it shall become effective at the end of ten (10) calendar days rom 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: 4592 (Revision: A) Printed on: 9/4/2020