HomeMy WebLinkAbout~Master - Amending Chapter 32 of Municipal Code (Retirement System) t
ORDINANCE NO. 984
AN ORDINANCE AMENDING CHAPTER 32 OF THE MUNICIPAL CODE OF THE
CITY OF AMES, IOWA, BY REPEALING SECTION 32-8 THEREOF: AND
PROVIDING FOR THE CREDITING AND WITHDRAWAL OF CONTRIBUTIONS
TO THE AMES MUNICIPAL UTILITY EMPLOYEES RETIREMENT SYSTEM.
Be It Resolved By The City Council of The City of Ames, Iowa, as follows:
Section 1. That Section 3 2-8 of the Municipal Code of the City of
Ames, Iowa, be and the same is hereby repealed; and the following be and
the same is hereby enacted in lieu thereof to be known as Section 32-8 of
the Municipal Code of the City of Ames, Iowa:
32-8 Crediting and Withdrawal of Contributions. All normal
contributions and all additional contributions shall be deducted from
each corresponding payment of earnings paid to each participating
employee and shall immediately be credited to this fund.
Additional contributions with regular interest thereon may be
withdrawn by the employee at any time, but normal contributions
shall not be withdrawn from this fund except as provided for in
this chapter.
Section 2. This ordinance shall be in full force and effect from and
after its passage and publication as provided by law.
Section 3. All ordinances or parts of ordinances in conflict with the
provisions of this ordinance are hereby repealed.
Passed this 7th day of January 1961.
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M. W. Jdraan, Ci i Pear le P. DeHart, Mayor.
12/20/60: Moved by Armstrong and seconded by Judge that Ordinance
No. 984 be passed on its first reading.
Voting Aye: Armstrong, Judge, Brouhard, and Schilletter
Voting Nay: None
Absent: Ratterree
Mayor De Hart declared Ordinance No. 984 passed on its first
reading.
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1/3/61: Moved by Judge and seconded by Armstrong that Ordinance
No. 984 be passed on its second reading.
Voting Aye: Armstrong, Judge, Ratterree, and Schilletter
Voting Nay: None
Absent: Brouhard
Mayor De Hart declared Ordinance No. 984 passed on its second
reading.
1/7/61: Moved by Ratterree and seconded by Schilletter that
Ordinance No. 984 be passed on its third reading.
Voting Aye: Armstrong, Judge, Brouhard, Ratterree, and Schillett r
Voting Nay: None
Moved by Judge and seconded by Ratterree that Ordinance No. 984
do now pass.
Voting Aye: Armstrong, Judge, Brouhard, Ratterree, and Schillett r
Voting Nay: None
Mayor De Hart declared Ordinance No. 984 duly adopted.
* * * * * * * * * * * *
I, M. W. Jordan, City Clerk of the City of Ames, Iowa, do hereby
certify that the above and foregoing Ordinance No. 984 was duly
and properly passed at a meeting of the City Council on the 7th
day of January, 1961, and published in the Ames Daily Tribune on
the 9th day of January, 1961.
M. W. Jorr -:Lty Clerk
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