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HomeMy WebLinkAboutA002 - proof of publication dated June 10, 1986 Proof of Publication in The AMES DAILY TRIBUNE LEGAL NOTICE STATE OF IOWA, STORY COUNTY, 88. ORDINANCE NO. 2950 Dale R. Culver, AN ORDINANCE TO AMENb THE MUNICI- PAL CODE OF THE CITY OF AMES, on oath depose and say that I am oAjtq0fVft, pro- IOWA, RY REPEALING SECTION 28.68 THEREOF AND ENACTING A NEW SEC- duction foreman of the AMES DAILY TRIBUNE, a TION 28.68 FOR THE PURPOSE OF IN- printed at Ames, Story County, CREASING THE AMOUNT OF PAYMENT daily newspaper, TO RETIREES UNDER THE CITY OF Iowa;that the annexed printed AMES UTILITY RETIREMENT SYSTEM; REPEALING ANY AND ALL ORDINANCES IN CONFLICT THEREWITH TO THE EX- Ordinance NO. 295 TENT OF SUCH CONFLICT, IF ANY; AND, ESTABLISHING AN EFFECTIVE DATE BE IT ORDAINED, by the City Council for the City of Ames, Iowa: Section 1. The Municipal Code of the City of Ames, Iowa, shall be and is hereby amended by repealing Section 28.68 thereof, and enacting a new Section 1 28.68 as fellows: was published in said newspaper for "Section 28.68. Amount of Payment Each employee retired on their normal retirement date is entitled to a monthly COnS8CU11Ve weeks, the first normal retirement income equal to one and eight-tenths percent (1.8%) of the employ- and the last of said publication was on the ees highest average earnings for each year of creditable service. After. five June years of such retirement the amount of 10 day Of said payment shall be increased to two percent (2.0%) of the said highest aver- r.,earnings. In addition to the aforesaid no normal retirement income, a retired em- t9 8 ployee may receive such additional retire- ment income as is, from time to time, authorized by the Board of Trustees pursuant to Section 28.4401) hereof. The 1.8 formula shall be used to figure Sworn to before me and subscribed in my present all retirements that were made after by Dale R. January 1, 1974." Section 2. All ordinances or parts of Culver. ordinances in conflict herewith are hereby repealed to the extent of such conflict, if any. this 12 day Of June ,Section 3.This ordinance shall be in full force and effect from and after July 1, 1986. 9 . Passed this 27th day ,of May , 1986. F. Paul Goodland, Mayor 7 Nancy Gibbons, city Clerk ��� ,, g ,I IL L�t, otary Public in and for Story County. Fees,$ 16 . 11