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HomeMy WebLinkAboutResolution 3642-08-2008A Resolution NO 3642-08-2008 APPOINTING A RESIDENT OF THE CITY OF FORT WORTH TO PLACE 10 ON THE BOARD OF TRUSTEES OF THE CITY OF FORT WORTH EMPLOYEES'RETIREMENT FUND WHEREAS, the City Council of the City of Fort Worth has established the City of Fort Worth Employees Retirement Fund and WHEREAS, Article 62431 of the Texas Revised Civil Statutes which applies to the City of Fort Worth, requires the Mayor to nominate and the City Council to confirm five residents of the City of Fort Worth to the Board of Trustees of the City of Fort Worth Employees Retirement Fund and WHEREAS Section 2 214(a)(3) of the City of Fort Worth Retirement Ordinance specifies the term of office for the trustees appointed to the Board of Trustees of the City of Fort Employees Retirement Fund, and WHEREAS, Place 10 on the Board of Trustees is currently vacant and WHEREAS The term for Place 10 will expire on August 31 2008 NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS That William B Gordon is appointed to fill the remainder of the unexpired term for Place 10 ending on August 31 2008 and that William B Gordon is appointed to serve on Place 10 of the Board of Trustees of the City of Fort Worth Employees Retirement Fund for a term beginning on September 1 2008 and expiring on August 31 2010 Adopted this 5th day of August 2008 APPROVED AS TO FORM AND LEGALITY City Attorney City Secretar ~~ }} {~ AUG ®5 2008 ~~~iEy 5ecr~, ;y ~ the ~~~~ ~~ ~~p~ ~~,~ ~.c~y ~t rort YVOrth, Texas r CITY COUNCIL City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION Approved on 8/5/2008 Res. No 3642-08-2008 DATE Tuesday August 05 2008 LOG NAME 12BDAPPOINTPL10 SUBJECT Adopt Resolution Appointing a Trustee to Place Worth Employees Retirement Fund REFERENCE NO G 16224 10 on the Board of Trustees of the City of Fort RECOMMENDATION It is recommended that the City Council authorize the City Manager to adopt the attached resolution appointing a trustee to fill the remainder of the unexpired term for Place 10 on the Board of Trustees of the Employees Retirement Fund and appointing the same trustee to Place 10 on the Board of Trustees of the City of Fort Worth Employees Retirement Fund for a term beginning on September 1 2008 and ending on August 31 2010 DISCUSSION Article 62431 of the Texas Revised Civil Statutes, which governs the City of Fort Worth Employees Retirement Fund requires the Mayor to nominate and the City Council to confirm by a majority vote five residents of the City of Fort Worth to serve as trustees on the Board of Trustees of the City of Fort Worth Employees Retirement Fund Section 2 214(x)(3) of the Retirement Ordinance assigns places to the appointed trustees and governs the term of office for the appointed trustees The term for Places 10 expires on August 31 2008 Place 10 is currently vacant. The attached resolution appoints a trustee to fill the remainder of the unexpired term for Place 10 and for a new term beginning on September 1 2008 and ending on August 31 2010 FISCAL INFORMATION/CERTIFICATION The Finance Director certifies that this resolution will have no material impact on City Funds TO Fund/AccountlCenters FROM Fund/Account/Centers Submitted for City Manager's Office b~ Karen Montgomery (6222) Originating Department Head. David Yett (7623) Additional Information Contact: Laetitia Brown (6639) Logname 12BDAPPOINTPLIO Page 1 of 1