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HomeMy WebLinkAboutRES 870490.018 - Reject Senate Bill 505RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GEORGETOWN] TEXAS DECLARING THAT THE CITY COUNCIL OF THE CITY OF GEORGETOWN HAS CHOSEN NOT TO ADOPT THE OPTIONAL AMENDMEN OF SENATE BILL 505. WHEREAS, the Legislature of the State of Texas has passed Senate Bill 505 amending the law governing the Texas Municipal Retirement System Act. WHEREAS, some the amendments of S.B. 505 are mandated and others must be implemented by adoption of an ordinance. NOW THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GEORGETOWN, TEXAS, that the optional amendments to the Texas Municipal Retirement System Act provided for in S.B. 505 are not to be adopted by ordinance as benefits of the City's retirement program. Read and adopted on this "r-fth day of October, 1987. CITY OF GEORGETOWN, JLA-111 Dj4L-�' Jim Colbert, Mayor ATTEST: Denise Lebowitz, Deputy C° Secretary THE STATE OF TEXAS CITY OF GEORGETOWN COUNTY OF WILLIAMSON being the current City Secretary of the City of Georgetown as hereby certify the above is a true and correct copy of a resolution of the City Council of the City of Georgetown, was duly adopted at a meeting open to the public and notice of said meeting, giving the date, place and subject thereof, was posted as prescribed by Article 6252-17, Section 3A, VATCS. Dated this day of (City Seal) City Secretary W