SPECIAL MEETING OF THE CITY OF DEERFIELD BEACH
Tuesday, September 28, 2000, 6:00 P.M.
The meeting was called to order at 6:07 P.M. by Mayor Capellini on the above date in the City Commission Room, City Hall.
Roll Call showed:
Present: Commissioner Gwyndolen Clarke-Reed
Commissioner Peggy Noland
Vice Mayor Kathy Shaddow
Mayor Albert Capellini, P.E.
Absent Commissioner Amadeo Trinchitella
Also Present: City Manager Larry Deetjen
City Clerk Felicia Bravo
Mayor Capellini said this was the time and the place for the following public hearing:
ORDINANCE NO. 2000/036
AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF DEERFIELD BEACH, FLORIDA, AMENDING THE DEERFIELD BEACH MUNICIPAL POLICE OFFICERS RETIREMENT TRUST FUND TO CONFORM WITH CHAPTER 185, FLORIDA STATUTES; AMENDING SECTION 54-89 OF THE DEERFIELD BEACH CITY CODE TO PROVIDE THAT BENEFICIARIES MAY BE NAMED JOINTLY OR SEQUENTIALLY AND PROVIDING FOR PAYMENT TO THE MEMBER'S ESTATE; AMENDING SECTION 54-90 TO PROVIDE FOR THE DEPOSIT OF CITY CONTRIBUTIONS ON A QUARTERLY BASIS; ADDING A NEW SECTION 54-91 PROVIDING FOR THE DEPOSIT OF STATE MONEY WITHIN FIVE DAYS OF RECEIPT AND PROVIDING FOR THE DEPOSIT OF MEMBER CONTRIBUTIONS IMMEDIATELY AFTER EACH PAY PERIOD; AMENDING SECTION 54-106 TO PROVIDE FOR BENEFIT ACCRUAL OF NO LESS THAN 2% PER YEAR; AMENDING SECTION 54-108 TO PROVIDE FOR PAYMENT OF NO LESS THAN THE MEMBER'S ACCRUED BENEFIT IN THE CASE OF A SERVICE CONNECTED DISABILITY AND PERMITTING THE SELECTION OF OPTIONAL FORMS OF RETIREMENT FOR DISABILITY RETIREES; AMENDING SECTION 54-109 TO PROVIDE FOR PAYMENT OF AN ACTUARIALLY REDUCED BENEFIT ON OR AFTER THE PARTICIPANT'S EARLY RETIREMENT DATE; AMENDING SECTION 54-109 TO PROVIDE FOR PAYMENT OF THE FULL ACCRUED BENEFIT AT THE MEMBER'S NORMAL RETIREMENT DATE; AMENDING SECTION 54-109 TO PROVIDE FOR REPURCHASE OF WITHDRAWN CONTRIBUTIONS WITHIN NINETY DAYS OF RE-EMPLOYMENT; AMENDING SECTION 54-110 TO PROVIDE FOR AN OPTIONAL 66 2/3 JOINT AND SURVIVOR BENEFIT, PROVIDING FOR AN UNREDUCED TEN YEAR CERTAIN BENEFIT AS THE NORMAL FORM OF RETIREMENT, AND PROVIDING FOR A SINGLE LIFE ANNUITY OPTION; PROVIDING FOR INCLUSION IN THE CODE; PROVIDING FOR SEVERABILITY; PROVIDING FOR A REPEALER; AND PROVIDING FOR AN EFFECTIVE DATE
A motion to close the public hearing was made by Commissioner Noland and seconded by Commissioner Clarke-Reed. Roll called showed: YEAS: Commissioner Clarke-Reed, Commissioner Noland, Vice Mayor Shaddow and Mayor Capellini. NAYS: None.
A motion to approve was made by Commissioner Noland and seconded by Commissioner Clarke-Reed. Roll called showed: YEAS: Commissioner Clarke-Reed, Commissioner Noland, Vice Mayor Shaddow and Mayor Capellini. NAYS: None.
The meeting was adjourned at 6:10 PM
ALBERT R. CAPELLINI, P.E., MAYOR
FELICIA M. BRAVO, CITY CLERK