HomeMy WebLinkAboutA002 - proof of publication dated June 10, 1986 Proof of Publication in The
AMES DAILY TRIBUNE
STATE OF IOWA, STORY COUNTY, ss.
ORDINANCE NO. 2951
AN ORDINANCE TO PIOVIDE FOR A
DIVISION OF THE COSTS OF THE I, Fi�1Xf ►gq}{ p}{�t�, Dale R. Culver,
UTILITY RETIREMENT SYSTEM AS 43%
BORNE BY EMPLOYEES AND 57% BORNE on oath depose and say that I am cgcp"l @r, pro-
BY THE EMPLOYER; REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES duction foreman of the AMES DAILY TRIBUNE, a
IN CONFLICT HEREWITH, AND ESTA- daily newspaper, printed at Ames, Story County,
BLISHING AN EFFECTIVE DATE
BE IT ORDAINED, by the City Iowa;that the annexed printed
Council for the City of Ames, Iowa, that:
Section One. The Municipal Code of the Ordinance No. 2951
City of Ames, Iowa, shall be and is
.hereby aMended by repealing Sections
28.46 and 28.47 thereof and enacting a
new Section 28.46 and 28.47 as follows:
"Sec. 28.46 EMPLOYEE CONTRIBUTIONS
- Each and every employee shall contri-
bute such same percentage amount from
each payment of earnings during the
period of current service (until the
employee attains age seventy i or was published in said newspaper for
earlier retires, and excluding periods of
military duty and disability) as shall
cause the annual accumulated employee
contributions to equal forty-three percent consecutive weeks, the first
of the estimated annual cost of the
system. Employee contributions shall be and the last of said publication was On the
deducted from earnings paid to each
employee and shall be credited immediately 10 day of June
to the retirement fund. The contribu-
tions of each employee shall be accumu-
lated in a separate account and the
interest credited thereon annually." 19 . <,•
"Sec. 26.47 UTILITY CONTRIBUTIONS
The utility shall contribute fifty- `
seven percent of the annually estimated
te_,t�,
cost of the system. Any shortfall in the amounts contributed pursuant to this Sworn to before me and subscribed in my presence
section and Section 28,46,carried
and the actual by �Ilt6` XXM X X K Dale R.
annual cost shall be carried forward as an
item of cost to be considered in estimating Culver.
the next year's cost of the system."
Section Two. Any and all ordinances or.
parts of ordinances in conflict herewith this 12 day of June
are hereby repealed to the extent to such
conflict, if any. Q�
Section Three. This ordinance shall be in 19
full force and effect from and after its
passage and publication as required by ) /,.
,
law. � /�_L.L- �� � e_76� _Notary Public
Passed this 27th day of May, 1986.
Nancy Gibbons, City Clerk in and for Story County.
F. Paul Goodland, Mayor
Fees, $ 117 9 0.