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HomeMy WebLinkAboutResolution No. 1972-40 ir ,- MICROFILMED -.. 4-10-80 RESOLUTION NO. 72-40 A RESOLUTION AUTHORIZING THE CITY OF CAPE CANAVERAL, FLORIDA, TO ESTABLISH A PENSION PLAN FOR CITY EMPLOYEES; PROVIDING AN EFFECTIVE DATE WHEREAS, the City Council of the City of Cape Canaveral, Florida, deems it in the best interest of the City of Cape Canaveral to establish a pension plan for City employees; and WHEREAS, the City Council has previously designated and ,_.:/ appointed a Pension Committee to evaluate and select the insurance plan most appropriate for the City; and WHEREAS, the said Pension Committee has selected the MUTUAL OF NEW YORK Life Insurance Company's pension plan as most suitable for the City of Cape Canaveral; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF CAPE CANAVERAL, FLORIDA, AS FOLLOWS: SECTION 1. The pension plan submitted by the MUTUAL OF NEW YORK Life Insurance Company is hereby designated as the official pension plan for the employees of the City of Cape Canaveral, Florida, and the City is hereby authorized to initiate a pension plan effective as of October 1, 1972. SECTION 2. This Resolution shall become effective immediately upon its adoption by the City of Cape Canaveral, Florida. ADOPTED by the City Council of the City of Cape Canaveral, Florida, this 3RDday of October, 197 di, * ,46-- ,, - C.,'4 pli V 4:: , It .1,8A ii ...... iS 's M. or ATTEST: `=- Air City Clerk Approved{; 'st- , °rm. OF k City Attor ey ,� I