HomeMy WebLinkAbout~Master - Amending Chapter 32 of Municipal Code (Retirement Fund) ORDINANCE NO. 922
AN ORDINANCE AMENDING CHAPTER 32 OF THE MUNICIPAL CODE OF THE CITY
OF AMES, IOWA, BY REPEALING SECTIONS 32-43 and 32-44 THEREOF AND
ENACTING NEW SECTIONS 32-43 and 32-44 THEREOF PROVIDING FOR A
TREASURER OF THE UTILITY RETIREMENT FUND AND BONDS FOR SUCH
TREASURER AND. THE CITY. CLERK-,
Be It Ordained By The City Council of The City of Ames, Iowa, as
follows:
Section 1. That Sections 32-43 and 32-44 of Chapter 32 of
the Municipal Code of the City of Ames, Iowa, be and the same
are hereby repealed and the following shall be substituted in
place thereof and shall be known as Sections 32-43 and 32-44 of
the Municipal Code of the City of Ames, Iowa:
32-43 Treasurer of Retirement Fund. The City
treasurer shall be the treasurer of the retirement system
and shall furnish a corporate surety bond to indemnify
the board of trustees for any loss which may result
from any action or failure to act on the part of such
treasurer or of his agents. The be.-ad shall be in such
amount as the trustees may designate and all reasonable
charges for such bond shall be paid from the retirement
fund.
All the funds of the retirement system and all
securities belonging thereto shall be deposited with
the city treasurer. All payments of the funds of the
retirement system shall be made through the city
treasurer only upon vouchers signed by the city clerk
and only as authorized by the board of trustees.
32-44 Bond of City Clerk. The city clerk shall
furnish a corporate surety bond to indemnify the board of
trustees for any loss which may result from any action
or failure to act on the part of such city clerk or of his
agents. The bond shall be in such amount as the trustees
may designate and all reasonable charges for such shall
be paid from the retirement fund.
Section 2. All ordinances or parts of ordinances in conflict
with the provisions of this ordinance are hereby repealed.
Section 3. This ordinance shall be in full force and effect
from and after its passage and publication as provided by law.
Passed this 16th day of December, 1958.
. . Pra er, y Clerk Pearle P, DeHart. -Mayor
Moved by Lawlor and seconded by Schilletter that Ord. No. 922 do now pass.
Voting Aye: Armstrong, Judge, Smith, Lawlor, King and Schilletter
Voting Nay: None
Absent: None
Moved by Smith and seconded by Lawlor that the rules governing that
passage of ordinances be suspended, the second and third readings be
omitted and Ord. No. 922 be placed on its final passage.
E
s
Voting Aye: Armstrong, Judge, Smith, Lawlor, King and Schilletter
' Voting Nay: None
Absent: None
Moved by Schilletter and seconded by Armstrong that Ord. No. 922 do now
pas S.
Voting Aye: Armstrong, Judge, Smith, Lawlor, King and Schilletter
Voting Nay: None
Absent: None
Mayor De Hart declared Ord. No. 922 duly adopted.
I, J. W. Prather, City Clerk of the City of Ames, Iowa, do hereby certify
that the above and foregoing Ordinance No. 922 was duly and properly
passed at a meeting of the City Council on the 16th day of December, 1958
and published in the Ames Daily Tribune on the 18th day of December, 1958.
J. W. Prather, City Clerk