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HomeMy WebLinkAboutORD 1973-059 ORDINANCE NO. 73-59 AN ORDINANCE AMENDING ORDINANCE NO. 73-52 PASSED ON OCTOBER 2, 1973, PROVIDING: "AN ORDINANCE EXPANDING THE PARTICIPATION IN � , THE TEXAS MUNICIPAL RETIREMENT SYSTEM BY THE CITY OF GRAPEVINE, TEXAS; AND AMENDING �.,.� TITL.� 1, CHAPTER 13 OF THE CITY CODE OF THE CITY OF GRAPEVINE ACCORDINGLY; PROVIDING FOR PARTICIPATION IN THE SUPPLEMENTAL BENEFITS FUND OF THE TEXAS MUNICIPAL RETIREMENT SYSTEM BY ALL DEPARTMENTS OF THE CITY GOVERNMENT WHICH PARTICIPATE IN THE TEXAS MUNICIPAL RETIREMENT SYSTEM; PROVIDING FOR PAYMENT OF THE CITY'S CONTRIBUTIONS ON ACCOUNT OF SUCH PARTICIPATION; PROVIDING FOR �._�. INCREASED MUNICIPAL CONTRIBUTIONS TO THE �-.,,� CURRENT SERVICE ANNUITY RESERVE AT RETIRE- MENT OF THE EMPLOYEES OF THE CITY OF GRAPE- VINE, TEXAS; AND PROVIDING FOR AND GRANTING ANTECEDENT SERVICE CREDIT AND SPECIAL PRIOR SERVICE CREDIT AT THE RATES HEREIN SPECIFIED, TO QUALIFYING EMPLOYEES OF THE CITY OF GRAPEVINE, TEXAS;" BY AMENDING SECTION 1, TITLE 1, CHAPTER 13, TO INCLUDE FIRE DEPART- MENT EMPLOYEES EXCEPTING VOLUNTEER FIREMEN; , AND DECLARING AN EMERGENCY. BE IT ORDAI NED BY THE CITY COUNCIL OF THE CITY OF ��� GRAPEVINE, TEXAS: SECTION 1. That Title 1, Chapter 13, Section 1 of Ordinance No. 73-52 passed and approved by the City Council of the City of Grapevine, Texas, on October 2, 1973, is hereby amended to read as follows: "1-13-1. That, on beha lf � the City of G rapevine, Texa s, the City Council hereby exercises it's option and elects to have the city and all of the employees of all departments now existing or hereafiter established excepting the valunteer firemen participate in the Texas Municipal Retirement System a� pravided in Chapter 75, Acts of the 50th Legisla�ure, as amended, (Article 6243h of Vernan's Civi3 Statutes of Texas); and all of the benefits and obligations of such system a re hereby accepted a s to such employees. s�;A� "The City Manager is hereby directed to notify the Board of Trustees of the Texas Mtaniczpai Retirement Sy�tem that the City of Grapevine, Texas, has e�anded its parCicipation and have the employees � the above departments pa rticipate in sa id system. " Section 2. The fact that the pres�nt ardinance and regulations of the City are inadequate to properly safeguard the health, safety, morals, peace and general welfare of the inhabitants of the City creates an emergency for the immediate preservation of the public business, property, health, safety and general welfare of the public which requires that this ordinance sha11 become effectxve from and after �he date of its final pa�sage, as provided by the Charter of the Gity, and it is accordingly so ordained, PASSED AND APPRt�}�ED BY THE CITY CC}UNGIL OF THE CITY QF GRAPEVINE, TEXAS, on this the .�g.�n d�y Of 'DECEMB�_ A. D. 1973, �� ���� ��� ATTEST: . a.t ecre a ry , APPRO AS TQ FQRM: �� �_ � . .'��-� ity ttorney �..n�,