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HomeMy WebLinkAboutResolution 798 Employee Pension Plan ""~l'-';>':~~\;-: ~:-~ 'Y,~ RESOLUTION NO. 798 A RESOLUTION OF THE CITY OF WINTER SPRINGS, FLORIDA, RATIFYING AMENDMENTS 3, 4, 5, 6, AND 7 TO THE AMENDED AND RESTATED MONEY PURCHASE PENSION PLAN FOR THE EMPLOYEES OF THE CITY OF WINTER SPRINGS, FLORIDA, AS A TT ACHED HERETO; PROVIDING FOR SEVERABILITY, CONFLICTS, AND EFFECTIVE DATES. WHEREAS, on March 25, 1996 the City Commission adopted the 7th Amendment; and WHEREAS, on October 30, 1995 the 6th Amendment was executed, and requires ratification by the City Commission; and WHEREAS, on February 26, 1996 the City Commission adopted the 5th Amendment; and WHEREAS, on February 27, 1995 the City Commission adopted the 4th Amendment; and WHEREAS, on August 8, 1994 the City Commission adopted the 3rd Amendment; and WHEREAS, all provisions of Amendments 3-7 are attached hereto; and WHEREAS, section 14-51(b) Code of Ordinances of the City of Winter Springs requires the Pension Plan to be amended by Resolution of the City Commission, effective on their respective adoption dates listed above. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF WINTER SPRINGS, FLORIDA: SECTION I: That the 3rd, 4th, 5th, 6th, and 7th Amendments to the Amended and Restated Pension Plan are ratified by the City Commission with the effective dates set forth in the Amendments. SECTION II: This resolution shall remain in force and effect until supplemented, amended, and repealed or otherwise altered. SECTION III: All resolutions or parts of resolutions in conflict with this resolution are hereby repealed. PASSEDANDADOPTEDTHIS~AYOF .f)t~ ,1996. CITY OF WINTER SPRINGS ATTEST: ~~~ CITY ERK ~