HomeMy WebLinkAbout~Master - Relating to Number of Trustees of Utility Retirement System ORDINANCE NO. 2952
AN ORDINANCE TO AMEND THE MUNICIPAL CODE
BY REPEALING SUB-SECTION 28.58(1) THEREOF
AND REENACTING THE SAME FOR THE PURPOSE
OF STATING THE CORRECT NUMBER OF TRUST-
EES OF THE UTILITY RETIREMENT SYSTEM;
REPALING ALL ORDINANCES OR PARTS OF ORDI-
NANCES IN CONFLICT HEREWITH TO THE EXTENT
OF SUCH CONFLICT; AND PROVIDING AN EFFEC-
TIVE DATE
BE IT ORDAINED, by the City Counil of the City of Ames, Iowa:
Section One. The MunicipalCode of the City of Ames, Iowa, shall be
and is hereby amended by repealing sub-section 28.58(sl) and reenact-
ing said sub-section to read as follows:
"Sec. 28.58. POWERS AND DUTIES OF TRUSTEES.
(1) The board of trustees may adopt such
rules and actuarial tables, and employ
such agents, physicians, accountants,
actuaries or clerical assistance as it may
deem necessary. Decisions made by a
majority of the nine (9) voting trustees
not inconsistent with the provisions of
this chapter shall be binding and con-
clusive on all persons. The board is
entitled to rely upon the records of the
city as to the service, age or earnings of
any employee or as to any other informa-
tion pertinent to any calculation or deter-
mination under this retirement system."
Section Two. Any and all ordinances or parts of ordinances in conflict
herewith are hereby repealed to the extent of such conflict.
Section Three. This ordinance shall be in full force and effect from and
after its passage and publication as required by law.
Passed this 27th day of May 1986.
6lBy Byop
'Nanc Gibbqfis, City Clerk F. Paul Goodland, Mayor