HomeMy WebLinkAboutR-21-0364City of Miami
Resolution R-21-0364
Legislation
City Hall
3500 Pan American Drive
Miami, FL 33133
www.miamigov.com
File Number: 9507 Final Action Date: 9/13/2021
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
APPROVING AND ADOPTING THE ANNUAL BUDGET OF THE CITY OF
MIAMI FIRE FIGHTERS' AND POLICE OFFICERS' RETIREMENT TRUST
FUND ("FIPO RETIREMENT TRUST FUND"), ATTACHED AND
INCORPORATED AS EXHIBIT "A," IN THE TOTAL AMOUNT OF $2,137,199.00
TO PROVIDE FOR THE ADMINISTRATION OF THE FIPO RETIREMENT
TRUST FUND FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2021
AND ENDING SEPTEMBER 30, 2022.
WHEREAS, Section 40-194 of the Code of the City of Miami, Florida, as amended,
authorizes a Board of Trustees ("Trustees") to administer the City of Miami Fire Fighters' and
Police Officers' Retirement Trust Fund ("FIPO Retirement Trust Fund"); and
WHEREAS, an annual budget is required to properly administer the FIPO Retirement
Trust Fund; and
WHEREAS, the Trustees reviewed and approved the FIPO Retirement Trust Fund
budget for Fiscal Year ("FY") 2021-2022 on April 15, 2021; and
WHEREAS, the Trustees request the approval of the FIPO Retirement Trust Fund
budget, attached and incorporated as Exhibit "A," for the FY commencing October 1, 2021 and
ending September 30, 2022 in the amount of $2,137,199.00, attached and incorporated as
Exhibit "A";
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 FIPO Retirement Trust Fund's budget, attached and incorporated as
Exhibit "A," for the FY commencing October 1, 2021 and ending September 30, 2022 in the total
amount of $2,137,199.00 to provide for the administration of the FIPO 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: 9507 (Revision:) Printed On: 6/2/2025
File ID: 9507 Enactment Number: R-21-0364
APPROVED AS TO FORM AND CORRECTNESS:
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City of Miami Page 2 of 2 File ID: 9507 (Revision:) Printed on: 6/2/2025