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HomeMy WebLinkAboutOrdinance 2010 ORDINANCE NO. AN ORDINANCE ;)ROVIDIP.,-r CONTRIBUTION BY CITY OF FO W. OF _ so,a OF T.,MVE THOUSAND DOIAULRS ($12,000.00) FOR THE FISCAL -Y.AR OF 1938-39 TO OF 'i:_;. !' JSION SYST..., Az;) _ DE- SCRIBED IN ORDINANCE ITO. 2003, SAID SM, BE- ING arPLICABLE 01-j-Y TO nL IWILITY IN SAID )9 -.]L .. _- SI02 Is TO - " _. ?'ITS .. IOVID- I2 s.T .... . . . . . FI... U. �.. IL 07 -_.- VIj,7 OF T -C. U. 2003 on July i3, 193�:, the Cij_y C(vnoil of 01 of Fort Worth passed anLf nL'o)tsd Orc'inance i'o. 2003, which said ordinance, a nong other things, proviee-,' for relief, retirement, death and `isallili'y pensions for members of the Fort Worth ?police Department, said ordinance being made to confci to Article 6243-8 of the .i:+vised Statutes of j'rxas, :} it . for the establishment of a ;:-;:,,ion cyst in cities an, '. wns con*riinin .:ore than 100,000 inhabi'_::�_ts; and, the 01-;- Council of the Ci`.;. of 2or-L „orth has a',I'-ed to contribuC- and has appropriat•, for the corL-ance:ant of said pensio_. plan the u:. )f' Twelve 21,oizsnff Dollars (..;12,000.00) for the fiscal Fr ar beginning October 1, .1938, and encin - September 30, 19399 said appropriation to be used only, however, for the _-urpose of _i-ov-l'ing for and satisfying the death and isability provisions of said ordinance, the remainder of such contribu- tions contemplated under said ordinanoe for retireanent to becar,,. effective only after the Ci'�. of Fort •.u-!th attains a financial condition which .sill warrant a further appropriation of funds for the complete establishment of said pension system; M4, TI3P:2i,'FORE, BE IT ORDAINED BY TMT. JMs GOUNCIL OF CITY OF FORT MFTH: r SECTION 1. That the sum of Twelve Thousand Dollars ($12,000.00) appropriated in the budget of the City of Port Worth for the fiscal year 1938-39 is here- by set aside and is to be made available, as current taxes are paid, to the Pension Board of the City of Port worth, to be administered upon by said Board in conformity with Ordinance No. 2003 of the City of Port worth, pro- vided, however, that no pert of said appropriation shall be expended or dis- bursed by said Board for the purposes stated in Ordinance No. 2003 other than for the death benefits and the disability benefits provided for in said ordi- nance:aud that acid disbursements shoall be made only in oonformit.• with and under the regulations prescribed for the payment of benefits under the section relating to death and disability. SECTION 2k That no portion of said fund shall be used for the purpose of satie- Eying the retirement provisions of said ordinance and that said retirement pro- visions shall be of no force and effect until an additional appropriation is made by the City Council for such purpose, and then only in the event that contributions are made by the members of the Police Department to defray the cost of said retirement plan as provided for in Ordinance No. 2003. SECTION 3• That this ordinance shall be eumuletive of Ordinance No. Z003 and shall not be construed to repeal any of the provisions of that ordinance, ex- cept insofar as they may be in conflict with the provisions of this ordinance, and when the financial condition of the City will warrant it, additional appro- priations will be made to meet the purposes contemplated in Ordinance No. 2003. h 7 SEMION 4♦ That this ordinance shall take effect and be in full force and of— feet from and after the date of its passage. APPROVED cur wrronNrr eirr nwewoq a ORDINANCE E Title . A.✓ x f Date Filed day of 19 City Secretary a