Loading...
12/18/2012 Resolutions 2012-369 Resolution #2012-369 was denied on a 6 to 2 vote by the City Council at their December 18, 2012 meeting. . RESOLUTION 2012-369 WHEREAS, Article 10 of Chapter 16 of the Nebraska Revised Statutes sets forth the laws governing the pensions of Police Officers and Firefighters of First Class Cities; and WHEREAS, the City of Grand Island's 2012-2013 Annual Single City Budget shows no more than a$100,000 appropriation transfer from the General Fund to the 805 Police Reserve Trust Fund for possible pre-84 police retirees; and WHEREAS, the recent retirement of a pre-84 police officer deems additional monies will be needed from the General Fund resources to satisfy this upcoming payment; and WHEREAS, until the Firefighter Retirement Plan documents and Ordinance 9217 can be amended, excess funds cannot be used for pre-84 police officer retiree payments, NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the City of Grand Island be, and hereby is, authorizing City Staff to amend the line item budget authority transfer for the upcoming pre-84 police officer retiree payment from the General Fund to the 805 Police Reserve Fund. Adopted by the City Council of the City of Grand Island, Nebraska, December 18, 2012. Jay Vavricek, Mayor Attest: RaNae Edwards, City Clerk Approved as to Form • December 18,2012 n CI?•rney