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HomeMy WebLinkAboutRES 1977-020 RESOLUTION NO. 77-20 WHEREAS, Senate Bill 411 was passed into law by the Texas Legislature in the regular session of the 65th Legislature, which law deals with the creation of a Fire Fighters relief and retirement fund for fire fighters who serve without monetary compensation; and � WHEREAS, the City�s Firemen who work without compensation are currently members of the "Firemen�s �,,, Relief and Retirement Fund" authorized by Art. 6243E Tex. Rev. Civ. Stat. Ann. ; and WHEREAS, the existing retirement fund is administer- ed by the State of Texas by the Firemen�s Pension Com- mission; and WHEREAS, said Pension Fund is solvent ; and WHE�EAS, it zs the opinion of the City Council that the Pension Fund authorized by Art. 6243E Tex. Rev, Civ. Stat . Ann. adequately serves the needs of the fire- fighters ; and WHEREAS, S.B . 411 requires the governing body to elect to exempt itself from the requiremPnt of the Act withi.n sixty (60) days of the effectiv� date. NO[+7, THEREFORE, BE IT RESOLVED BY THE CITY C��UNCIL OF THE CITY OF GRAPEVINE, TEXAS: � " Sectian 1. That the City of Grapevine through its governing body, the City Council, does hereby elect to �.�, exempt the City f rom the requirements of Senate Bill 411, passed during the regular session of the 65th Legislature as authorized by section 2 of said Act. Section 2. The City Secretary is directed to send a copy of this resolution to the Firemen's Pension Commissioner under Art. 6243E. PASSED AND APPROVED this the 2� day of Sept. , 19'77. � � ` � � � / - Mayor ATTEST: City ecr a � AFPROVED ?�S TO FORM: � ������ � City Attorney