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HomeMy WebLinkAboutResolution 3520-08-2007A Resolution NO 3520-08-2007 APPOINTING FIVE RESIDENTS OF THE CITY OF FORT WORTH AND THE CHIEF FINANCIAL OFFICER OF THE CITY OF FORT WORTH TO 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 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, Article 62431 of the Texas Revised Civil Statutes also requires the City Council to appoint the Chief Financial Officer for 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 terms of officer for the trustees appointed to the Board of Trustees of the City of Fort Employees Retirement Fund NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH TEXAS that following individuals are appointed to serve on the Board of Trustees of the City of Fort Worth Employees Retirement Fund Place 8 Rosa Nave~ar for a term commencing on September 1 2007 and ending on August 31 2008 Place 9 Jim Hille for a term commencing on September 1 2007 and ending on August 31 2009 Place 10 John Stevenson for a term commencing on September 1 2007 and ending on August 31 2008 Place 11 Glenn Forbes for a term commencing on September 1 2`007 and ending on August 31 2009 Place 12 Mike Beckley for a term commencing on September 1 2007 and ending on August 31 2008 CITY ~1p' >E'+~111E'1L" ~1'~1EN!'l'1H Place 13 Karen L Montgomery Chief Financial Officer for a term commencing on September 1 2007 and ending on August 31 2009 Adopted this 2stn __ day of _ August ___ 2007 APPROVED AS TO FORM AND LEGALITY ~i~'r."i"f r City Attorney May ATTEST ,~,~~~~'", ~~,~, T 3 ~ ~. ~' ~ '~ ~ ~.' +~ i ~ '` ~~ v ~ ~~, _ \ _ City Secretaf.. ~` r "" ~, ~ ^ ~ -r ~ F'~f~~r~~, ~t~;~ APPROVED CITY CQUNCIL AUG 2 ~ 2007 ~~~~ City Secretary of the City of Fort Worth, Texas City of Fort I/Vorth, Texas Mayor and Council Communication COUNCIL ACTION Approved on 8/28/2007 Res. No 3520-08-2007 DATE Tuesday August 28 2007 LOG NAME 12BOARDAPPT REFERENCE NO G 15845 SUBJECT Adopt Attached Resolution Appointing Trustees to Places 8 9 10 11 12 and 13 on the Board of Trustees of the City of Fort Worth Employees Retirement Fund RECOMMENDATION It is recommended that the City Council adopt the attached resolution appointing trustees to serve in Places 8 9 10 11 12, and 13 on the Board of Trustees of the Employees Retirement Fund and setting the term of office for the trustees. 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 Article 6243i also requires the City Council to appoint the Chief Financial Officer for the City of Fort Worth to the Board of Trustees Section 2 214(a)(3) of the Retirement Ordinance assign places to the appointed trustees and governs the term of office for appointed trustees. Places 8 10 and 12 are appointed for a term to begin September 1 2007 and expire on August 31 2008 Places 9 11 and 13 are appointed for a two year term to begin on September 1 2007 and expire on August 31 2008 The attached resolution appoints 5 residents of the City of Fort Worth and the Chief Financial Officer for the City of Fort Worth to the Board of Trustees of the Employees' Retirement Fund effective September 1 2007 FISCAL INFORMATION/CERTIFICATION The Finance Director certifies that this resolution will have no material impact on City funds TO Fund/Account/Centers FROM Fund/Account/Centers Submitted for City .Manager's Office by. Karen L. Montgomery (6222) Originating Department Head. David Yett (7623) Additional Information Contact: Laetitia Brown (6639) Logname 12BOARDAPPT Page 1 of 1