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0965 ``Qqy REr ~y OTFICIAL RECORD ti AusrwN TMRS-USC CPI R ORDINANCE No. 965 TEXAS MUNICIPAL RETIREMENT SYSTEM AN ORDINANCE AUTHORIZING AND ALLOWING, UNDER THE ACT GOVERNING THE TEXAS MUNICIPAL RETIREMENT SYSTEM, "UPDATED SERVICE CREDITS" IN SAID SYSTEM FOR SERVICE PERFORMED BY QUALIFYING MEMBERS OF SUCH SYSTEM WHO PRESENTLY ARE MEMBERS OF THE CITY OF SOUTHLAKE; PROVIDING FOR INCREASED PRIOR AND CURRENT SERVICE ANNUITIES FOR RETIREES AND BENEFICIARIES OF DECEASED RETIREES OF THE CITY; AND ESTABLISHING AN EFFECTIVE DATE FOR SUCH ACTIONS. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SOUTHLAKE, TEXAS: Section 1. Authorization of Updated Service Credits. (a) On the terms and conditions set out in Sections 853.401 through 853.403 of Subtitle G of Title 8, Government Code, as amended (hereinafter referred to as the "TMRS Act"), each member of the Texas Municipal Retirement System (hereinafter referred to as the "System") who has current service credit or prior service credit in the System in force and effect on the 1st day of January of the calendar year preceding such allowance, by reason of service in the employment of the City, and on such date had at least 36 months of credited service with the System, shall be and is hereby allowed "Updated Service Credit" (as that term is defined in subsection (d) of Section 853.402 of said title) in an amount that is 100% of the "base Updated Service Credit" of the member (calculated as provided in subsection (c) of Section 853.402 of said title). The Updated Service Credit hereby allowed shall replace any Updated Service Credit, prior service credit, special prior service credit, or antecedent service credit previously authorized for part of the same service. (b) In accordance with the provisions of subsection (d) of Section 853.401 of said title, the deposits required to be made to the System by employees of the several participating departments on account of current service shall be calculated from and after the date aforesaid on the full amount of such person's earnings as an employee of the City. Section 2. Increase in Retirement Annuities. (a) On terms and conditions set out in Section 854.203 of Subtitle G of Title 8, Government Code, as amended, the City hereby elects to allow and to provide for payment of the increases below stated in monthly benefits payable by the System to retired employees and to beneficiaries of deceased employees of the City under current service annuities and prior service annuities arising from service by such employees to this City. An annuity increased under this Section replaces any annuity or increased annuity previously granted to the same person. (b) The amount of the annuity increase under this Section is computed as the sum of the prior service and current service annuities on the effective date of retirement of the person on whose service the annuities are based, multiplied by 50% of the percentage change in Consumer Price Index for All Urban Consumers, from December of the year immediately preceding the effective date of the person's retirement to the December that is 13 months before the effective date of this Section. Page 2. (c) An increase in an annuity that was reduced because of an option selection is reducible in the same proportion and in the same manner that the original annuity was reduced. (d) If a computation hereunder does not result in an increase in the amount of an annuity, the amount of the annuity will not be changed hereby. (e) The amount by which an increase under this Section exceeds all previously granted increases to an annuitant is an obligation of this City and of its account in the municipality accumulation fund of the System. Dates of Allowances and Increases. The initial allowance of Updated Service Credit and increase in retirement annuities hereunder shall be effective on January 1, 2010, subject to approval by the Board of Trustees of the System. An allowance of Updated Service Credits and an increase in retirement annuities shall be made hereunder on January 1 of each subsequent year until this ordinance ceases to be in effect under subsection (e) of Section 853.404 of the TMRS Act, provided that, as to such subsequent year, the actuary for the System has made the determination set forth in subsection (d) of Section 853.404 of the TMRS Act. Passed and approved on first reading this the 17th day of November, 2009. ATTEST: APPROVED: . n City S retary or'Clerk' Mayor Passed and approved on second reading this the 1St day of December, 2009. ATTEST: APPROVED: ~4) City ecretary or Clerk Mayor INVOICE Star -Telegram Customer ID: CIT57 400 W. 7TH STREET Invoice Number: A6228981 FORT WORTH, TX 76102 _ . Invoice Date: 8/14/2010 (817) 390-7761 Federal Tax ID 26-2674582 5EH Terms: Net due in 21 days e 9 201 Due Date: 8/31/2010 Bill To: PO Number: 21000007-000 CITY OF SOUTHLAKE�� gall I� i 11:�, i Order Number: A622898 <.,. 1400 MAIN ST , STE 440 Sales Rep: 073 SOUTHLAKE, TX 76092-7604 Description: STATEMENT OF IN Publication Date: 8/14/2010 Attn: Attn: ACCOUNTS PAYABLE Description Location Col 'Depth Linage MU Rate Amount STATEMENT OF INCREASE I3580 5 10.5 52.5 INCH $18.90 $992.25 Net Amount: THE STATE OF TEXAS County of Tarrant $992.25 Before me, a Notary Public in and for said County and State, this day personally appeared Deborah Baylor Norwood, Bid and Legal Coordinator for the Star -Telegram, published by the Star -Telegram, Inc. at Fort Worth, in Tarrant County, Texas; and who, after being duly sworn, did depose and say that the attached clipping of an advertisement was published in the above named paper on the listed dates: BIDS & LEGAL DEPT. STAR TELEGRAM (817) 390-7501 SUBSCRIBED AND SWORN TO BEFORE ME, THIS Sunday, Notary Thank You For Your Payment ----------------------- .------------------------ Remit To: Star -Telegram P.O. BOX 901051 FORT WORTH, TX 76101-2051 Customer ID: Customer Name: Invoice Number: Invoice Amount: PO Number: Amount Enclosed CIT57 CITY OF SOUTHLAKE A6228981 $992.25 21000007-000 INVOICE Star -Telegram Customer ID.• CIT57 400 W. 7THSTREET Invoice Number: 307808971 FORT WORTI-t TX 76102 t , �� E� � � v � � � �i 4 � Invoice Date: 12/4/2009 (817) 390-7761 Federal Tax ID 26-2674582 Terms: Net due in 21 days JAN -- 7 2010 Due Date: 12/31/2009 Bill To: PONumber: #21000007-000 CITY OF SOUTMAKE �' 1400 MAINST OFT -ICE OF C1W SECRETARY Order Number: 30780897 STE 440 Sales Rep: 073 SMELAKE, TX 76092-7604 Description: CITY OF SOUr]HLA Publication Date: 12/4/2009 Attu: Attrr BRENDA WILLIAMS Cs'I Y S ` egal o ce 3 NO 13580 1 43 43 LINE $0.81 $34.83 CITY OF LAKE ORDINANCE ORDINANCE NO. 965 AN ORDINANCE AU- Sales Discount THORIZING AND .ALLOWING, UNDER THE ACT GOVERN- ($5,00) ING TEX AS Mlsc Fee MUNICIPAL \� �� \ �Q J\P $S.00 TIREMENTSYSTEM, UPDATE SERVICE CREDITS" IN SAID SYSTEM FOR SER- -.�..; G\\ Im VICE PERFORMED BY QUALIFYING (r��\'��` i MEMBERS OF SUCH SYSTEM WHO ARE C' P G� `�� Net Amount: $34.83• PRESENTLY MEMBERS OF THE ` NUITIES FOR RE- TIREES AND BENE- FCIARIES OF DECEASED - RETIR- AA'AIA4AAAA&A&AAAA.ae•r�uenr�u�uggp,�e EES OF THE CITY; AND ESTABLISHING s CHRISTY L. HOLLAND AN EFFECTIVE OSINIIIYP41�1, My Commission Expires DATE FOR SUCH ACTIONS. July 31, 2.012 PASSED AND AP- PROVED THIS THE m��vv�vr��vs���v►�n►���m�m 1st DAY' OF DE- CEMBER, 2009, THE STATE OF T DURING THE REG- County of Tarrant ULAR CITY COUNCIL MAYOR: John Terrell Before me, a Nod ATTEST: Lori Payne, city Secretary d County and State, this day personally appeared Deborah Baylor Norwood, Bid and Legal Coordinator for the Star�Telegranr Fort v�lkrth, in Tarrant Counter, Texas: and who, after being duly sworn, did depose and say that the attached r ADVEGari9RTISE YOUR mentvms publish �ip the above named paper on the listed dates: TELEGRAM &\ LEGAL DEFT. 99 in the Classifieds 817-332=3333 \BIDS (\STAR �(\ J\ _ b SUBSCRIBED AND SV1i0RN TO BEFORE NE, THIS Friday,139" ; Thank You For Your Payment --------------------------------------------- Remit To: Star -Telegram P.Ct BOX 901051 FORT WORTIJ TX 76101-2051 Customer ID: Customer Name: Invoice Number. Invoice Amount: PO Number. Amount Enclosed C1T57 CITY OF SOLMIAKE 307808971 $34.83 #21000007-000 Ir Star -Telegram 400 W. 7TH STREET FORT WORTH, TX 76102 (817)390-7761 Federal Tax ID 26-2674582 Bill To: CITY OF SOUTHLAKE 1400 MAIN ST STE 440 SOUTHLAKE, TX 76092-760 Attn: Attn: ANGELA CITY OF SOU Sales Discount Misc Fee CITY OF SOUTHLAKE Notice is hereby given by the City _Council of the City of Southlake, Texas, that a public hearing will be held on De- cember 1, 2009, at 530 p.m. or imme- diately following the Work Session, dur- ing the Regular City Council meeting to be held in the City - Council Chambers of Town Hall, 1400 Main street, South - lake, Texas. Purpose of the public hearing is to consider the second reading of the following ordi- nance: ORDINANCE "UPDATE = CREDITS" I SYSTEM FC VICE PERF THE STATE OF TE BY ' QUA MEMBERS SYSTEM County of Tarrant PRESENTLY MEMBERS CITY OF Before me, a Notan ' the Star -Telegram, LAK FORE INCI PRIOR RENT SERV that the attached cli NUITIES F TIREES ANI (817) 390-7501 FICIARIES DECEASED EES OF Ti- AND ESTAB AN EF DATE For ACTIONS. SUBSCRIBED ANC city of Soutl INVOICE 4 OF Customer ID: CIT57 Invoice Number: 307541541 C �,' TCEETerms: Invoice Date: 11/13/2009 Net due in 21 days DEC 2 2 2009 Due Date: 11/30/2009 PO Number: 21000007-000. 'JFFICE OF CI1�(`'. 9''n�i�RY Order Number: 30754154 Sales Rep: 073 Description: CITY OF SOUTHLA Publication Date: 11/13/2009 I3580 1 59 59 LINE $0.81 $47.79 ($5.00) $5.00 Net Amount: $47.79 u uaaua�u o�PRY PUB4 CHRISTY L. HOLLAND z My Commission Expires r h July 31, 2012 �mm��rrtwv��rrmrr •�srrrrmrrvrr County and State, this day personally appeared Deborah Baylor Norwood, Bid and Legal Coordinator for Telegram, Inc. at Fort Worth, in Tarrant County, Texas; and who, after being duly sworn, did depose and say lent was published in the above named paper on the listed dates: BIDS & LEGAL DEPT. STAR TELEGRAM Signed E ME, THIS Tu Notary Thank You For Your Payment ---------------------------------------------- Remit To: Star -Telegram P.O. BOX 901051 FORT WORTH, TX 76101-2051 Customer ID: Customer Name: Invoice Number: Invoice Amount: PO Number: Amount Enclosed CIT57 CITY OF SOUTHLAKE 307541541 $47.79 21000007-000.