Loading...
HomeMy WebLinkAboutR-19-0357City of Miami Legislation Resolution: R-19-0357 File Number: 6296 City Hall 3500 Pan American Drive Miami, FL 33133 www.miamigov.com Final Action Date: 9/12/2019 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 AS COMPOSITE EXHIBIT "A":, IN THE AMOUNT OF $113,712.00, TO PROVIDE FOR THE ADMINISTRATION OF THE GESE EXCESS BENEFIT PLAN FOR THE FISCAL YEAR COMMENCING OCTOBER 1, 2019 AND ENDING SEPTEMBER 30, 2020. 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's 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 2019-2020 on March 22, 2019; and WHEREAS, the Trustees request the approval of the GESE Excess Benefit Plan budget for the Fiscal Year commencing October 1, 2019 and ending September 30, 2020 in the amount of $113,712.00, attached and incorporated as Composite 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 GESE Excess Benefit Plan's budget, attached and incorporated as Composite Exhibit "A", for the Fiscal Year commencing October 1, 2019 and ending September 30, 2020 in the amount of $113,712.00 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 signature of the Mayor.' ' 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: 6296 (Revision:) Printed On: 9/26/2019 File ID: 6296 APPROVED AS TO FORM AND CORRECTNESS: 1 ria ' ndez, Cify Attor iey 8/3012019 Enactment Number: R-19-0357 City of Miami Page 2 of 2 File ID: 6296 (Revision:) Printed on: 9/26/2019