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HomeMy WebLinkAboutResolution 4075-03-2012A Resolution NO. 4075 -03 -2012 APPOINTING A RESIDENT OF THE CITY OF FORT WORTH TO PLACE 9 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, the previous term for Place 9 ended on August 31, 2011, and WHEREAS, the current term for Place 9 began on September 1, 2011, and will expire on August 31, 2013. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF FORT WORTH, TEXAS: that Jarod Cox be appointed to fill the remainder of the unexpired term for Place 9, ending on August 31, 2013. ADOPTED this 20th day of March, 2012. ATTEST RT4a� �9 pp °O c� By: —— — — — -- - - - - -- ` ° d o°* d Mary J. Kayser, cretary °°oo oo° 00000° p' QRTWff.OKRTH City of Fort Worth, Texas Mayor and Council Communication COUNCIL ACTION: Approved on 3/2012012 - Resolution No. 4075 -03 -2012 DATE: Tuesday, March 20, 2012 LOG NAME: 13ERFDAPPT SUBJECT: REFERENCE NO.: G -17549 Adopt Resolution Appointing Jarod Cox as Trustee to Place 9 on the Board of Trustees of the City of Fort Worth Employees' Retirement Fund (ALL COUNCIL DISTRICTS) RECOMMENDATION: It is recommended that the City Council appoint Jarod Cox as trustee to fill the remainder of the unexpired term for Place 9 on the Board of Trustees of the City of Fort Worth Employees' Retirement Fund for a term ending on August 31, 2013. DISCUSSION- Article 6243i 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(a)(3) of the Retirement Ordinance assigns places to the appointed trustees and governs the term of office for the appointed trustees. The term for Place 9 expired on August 31, 2011. The attached Resolution appoints a trustee to Place 9 to serve the remainder of the unexpired term ending on August 31, 2013. FISCAL INFORMATION / CERTIFICATION: The Financial Management Services Director certifies that this action will have no material effect on City funds. FUND CENTERS: TO Fund /Account /Centers CERTIFICATIONS: Submitted for City Manager's Office by: Originating Department Head: Additional Information Contact: FROM Fund /Account/Centers Susan Alanis (8180) Lena Ellis (8517) Greg Jordan (8843) Logname: 13ERFDAPPT Page 1 of 1