0782 ORDINANCE NO. 782
TEXAS MUNICIPAL RETIREMENT SYSTEM
AN ORDINANCE ALLOWING CERTAIN EMPLOYEES OF THE CITY WHO
HAVE TERMINATED PREVIOUS MEMBERSHIPS IN TEXAS MUNICIPAL
RETIREMENT SYSTEM, TO DEPOSIT THE SUMS SO WITHDRAWN, PLUS
ANNUAL WITHDRAWAL CHARGES, AND ALLOWING AND
UNDERTAKING THE COST OF ALLOWING ANY SUCH EMPLOYEE
CREDIT IN SUCH SYSTEM FOR ALL SERVICE TO WHICH SUCH
EMPLOYEE HAD BEEN ENTITLED AT DATE OF SUCH WITHDRAWAL,
WITH LIKE EFFECT AS IF ALL SUCH SERVICE HAD BEEN PERFOR34FJ~
AS AN EMPLOYEE OF THIS CITY.
WHEREAS, the actuary of the Texas Municipal Retirement System has determined
that all obligations charged against the City's account in the municipality accumulation
fund, including the obligations arising as a result of this ordinance, can be funded by the
City within its maximum contribution rate and within its amortization period; and
WHEREAS, the City Council has determined that adoption of this ordinance is in the
best interests of the City; now therefore
WHEREAS, the City Council of the City of Southlake, Texas, finds that it will be in
the public interest for the City to have its employees participate in the Texas Municipal
Retirement System as hereinafter provided;
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF SOUTHLAKE, TEXAS:
Section
1. Pursuant to Section 853.004 of Subtitle G of Title 8, V.T.C.A., Government
Code, as amended, the City of Southlake hereby elects to allow any member of the
Texas Municipal Retirement System who is an employee of this City on the 20~
day of June, 2000, who has terminated a previous membership in said System by
withdrawal of deposits while absent from service, but who has at least 24 months
of credited service as an employee of this City since resuming membership to
deposit with the System in a lump sum the amount withdrawn, plus a withdrawal
charge of five percent (5%) of such amount for each year from date of such
withdrawal to date of redeposit, and thereupon such member shall be allowed credit
for all service had been rendered as an employee of this City, whether so rendered
or not. The City agrees to underwrite and hereby assumes the obligations arising
out of the granting of all such credits, and agrees that all such obligations and
Ordinance No. 782
Page 2
reserves required to provide such credits shall be charged to this City's account in
the municipality accumulation fund. The five percent (5%) per annum withdrawal
charge paid by the member shall be deposited to the credit of the City's account in
said municipality accumulation fund; and the deposits of the amount previously
withdrawn by the member shall be credited to his or her individual account in the
employees' savings fund of the System.
S~ti~ln 2. This ordinance shall become effective on the c~ day of__
\~ ,2000, which is a date on or after the date set forth in Section 1, above.
Passed and approved this the C~-~ dayof '---~Lkxc~, 2000.
Sandra L. LeGrand
City Secretary
Rick Stacy, Mayor
INVOICE
Star-Telegram Customer ID: CIT57
400 W.7th Street Invoice Number: 173945891
FORT WORTH,TX 76102 Invoice Date: 6/9/00
(817)390-7761
Federal Tax ID 22-3148254 Terms: Net due in 21 days
Due Date: 6/30/00
Bill To: PO Number:
CITY OF SOUTHLAKE 667 N CARROLL AVE Order Number: 17394589
SOUTHLAKE, TX 76092-6412 Sales Rep: 073
Description: CITY OF SOUTHLA
Publication Date: 6/9/00
t*: <_;.. �# 4 t ...'e4(''he,,fatal:Sa ,,4�k fir.,-sm,Eau, ,E.,,If. L... „A • 4 Fa3, ,6_ .3 A?;,- w,�ro';a. a.; zee-n- ,,
CITY OF SOUTHLAKE,TEXAS NOTIC I358 1 49 49 LINE $5.79 $283.71
CITY OF SOUTMLAKE,
TEXAS
NOTICE was hereby given ($244.02)
Sales Discount to all interested persons
that the City Council of
the City of Southlake,
Texas, will be holding a
public hearing during the
regular city council
meet
i0 t20 aed7:00 pme-
.
Net Amount: $39.69
The meeting will be held
in the City Council Cham-
bers of City Hall, 667
North Carroll Avenue,
Southlake, Texas. Pur-
pose of the hearing will
be held regarding the fol-
lowing
ORDINANCE NO. 782
TEXAS MUNICIPAL
RETIREMENT SYSTEM
AN ORDINANCE ALLOWING
CERTAIN EMPLOYEES OF
THE CITY WHO HAVE
TERMINATED PREVIOUS
MUNICIPAL IPRETIREMENT
SYSTEM, TO DEPOSIT
THE SUMS SO WITH-
DRAWN, PLUS ANNUAL
WITHDRAWAL CHARGES,
AND ALLOWING AND UN-
DERTAKING THE COST
OF ALLOWING ANY SUCH
EMPLOYEE CREDIT IN
THE STATE OF TI SU CVICEYSTEM WHICH
County of Tarrant BEEN Tams
HAD
DATE OF SUCH WITH-
Before me,a Nota °EcT"AA§WIT IF ALLIKSUCH ounty and State,this day personally appeared TAMMIE BRYANT, Bid and Legal Coordinator, for the Star-
Telegram, SERVICE HAD BEEN PER-
publish] FORMED AS AN EMPLOY-1C.at Fort Worth,in Tarrant County,Texas;and who,after being duly sworn, did depose and say that the
EE OF ITY.
attached clipping 1 Sandra LTH. LIeS GrCand !Wished in the above named paper on the listeddates:
City Secretary
City of Southlake. Texas
Signe
SUBSCRIBED AND SWORN TO BEFORE ME, THIS Tuesday,June 13, 2000.
Notary Public I. • led---6 .
Lo—Jc
DAWN M. KUYKENDALL
COMMISSION EXPIRES
Thank You For Your Payment SEPTEMBER 13,2003
Remit To: Star-Telegram Customer ID: CIT57
P.O. Box 901051 Customer Name: CITY OF SOUTHLAKE
FORT WORTH, TX 76101-2051 Invoice Number: 173945891
Invoice Amount: $39.69
PO Number:
Amount Enclosed:
INVOICE
Star-Telegram Customer ID: CIT57
400 W.7th Street Invoice Number: 175223901
FORT WORTH,TX 76102 Invoice Date: 6/30/00
(817)390-7761
Federal Tax ID 22-3148254 Terms: Net due in 21 days
Due Date: 6/30/00
Bill To: PO Number:
CITY OF SOUTHLAKE Order Number: 17522390
667 N CARROLL AVE
SOUTHLAKE, TX 76092-6412 Sales Rep: 073
Description: CITY OF SOUTHLA
Publication Date: 6/30/00
L •.: '" . x 4 - A 7
�, 4:,. ,w, ,£ �, s�' „Ta .,as �7l�� �. i ,-tY4;3 l'a r - n.'. ,i¥ _Eb •-,, -a-_ , -,4 ' ',x '„ ,•< ,f s
CITY OF SOUTHLAKE,TEXAS ORDIN I358 1 72 72 LINE $5.79 $416.88
CITY OF
SOUTHLAKE, TEXAS
Sales Discount ORDINANCE
MUNICIPA82 ($358.56)
RETIREMENT SYSTEM
AN ORDINANCE ALLOWING
CERTAIN EMPLOYEES OF
THE CITY WHO HAVE TERMINATED PREVIOUS
MEMBERSHIPS IN TEXAS
MUNICIPAL RETIREMENT Net Amount: $58.32
SYSTEM, TO DEPOSIT
THE SUMS SO WITH-
DRAWN, PLUS ANNUAL
WITHDRAWAL CHARGES,
AND ALLOWING AND UN
DERTAKING THE COST
OF ALLOWING ANY SUCH
EMPLOYEE CREDIT IN
SUCH SYSTEM FOR ALL
SERVICE TO WHICH
SUCH EMPLOYEE HAS
BEEN ENTITLED AT
DATE OF SUCH WITH-
DRAWAL WITH LIKE EF-
FECT AS IF ALL SUCH
SERVICE HAD BEEN PER-'
FORMEOFD THIS AS ANCITYEMPLOY-
EE .
WHEREAS, the actuary
of the Texas Municipal
Retirement System has
determined that all obliga-
tions charged against the
City's account in the mu-
nicipality accumulation
fund, including the obliga-
THE STATE d Lions arising as a result
of this ordinance, can be
County of Tarr funded by the City within
its maximum contribution
rate andpp within its amorti-
Before me,a Is yyHEREAStl' age city i County and State,this day personally appeared TAMMIE BRYANT, Bid and Legal Coordinator, for the Star-
Telegram, publ that ad has determined I Inc.at Fort Worth, in Tarrant County,Texas;and who,after beingdulysworn,did depose and say that the
that adoption of this ordi- r ty,
attached clippie nance Os in the best inter- published in the above named paper on the listed date
ests of the City; now P P
therefore
WHEREAS, the City
Council of the City of Si
Southlake Texas finds
that it will be in the pub-
SUBSCRIBED i lic interest for the City
to have its employees E ME, THIS Friday,June 30,2
participate in the Texas '
Municipal Retirement Sys-
tem as hereinafter provid-
ed; Notary Public /
PASSED AND APPROVED
BY THE CITY COUNCIL - - _ -
OF THE CITY OF SOUTH-
LAKE, TEXAS, ON THE r.....................
DAWN M. KUYKENDAL
2000. DAY OF DUNE, =�^ EMMISSION EXPIRES
7,, MAYOR RICK STACY , TEMBER 19,2003
Thank YOU ATTEST:SANDRA L. LEG-ent
RAND
CITY SECRETARY
APPROVED AS TO FORM,. - - - -
CITY ATTORNE OR JR., r-
Remit To: Star-Telegram Customer ID: CIT57
P.O. Box 901051 Customer Name: CITY OF SOUTHLAKE
FORT WORTH, TX 76101-2051 Invoice Number: 175223901
Invoice Amount: $58.32
PO Number:
Amount Enclosed: $