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HomeMy WebLinkAbout1966, Mar 2 Public Employee Retirement System' ~~~~, A Motion was made by Councilman Porter and seconded by Councilman Klingler that the above scale of wages be effective as of March 1, 1966, The Motion was carried, RE: STATE RETIREMENT PROGRAM: A Motion was made by Councilman Porter and seconded by Councilman Klingler that steps be taken to bring the City Employees under the State Retirement Program, as'=shown below, effective July 1, 1966, RESOLUTION AND APPLICATION A RESOLUTION Authorizing and approving participation in the Public Employee Retirement System of Idaho and APPLICATION for admission, BE IT RESOLVED BY "THE CIDDNCIL OF THE CITY OF REXBURG " AS FOLLOin75: THAT THE CITY OF REXBURG, a political subdivision of the State of Idaho, hereby authorizes and approves the participation and membership of its eligible employees in the Public Employe Retirement System of Idaho pursuant to Title 59, Section 1309, Idaho Code, and authorizes L-he expenditure of the necessary funds to cover the cost for such participa- tion in the system. THAT L-he officers cdith authority L-o transact business are hereby authorized L-o enter into a contract with the Public Employee P,etirement Sys tern of Idaho and execute such other documents as may be required to participate in the Systemo THAT APPLICATIONd is hereby made for membership in the Public Employee Retirement System o£ Idaho to be Effective July 1, 1966, Passed this second day of March, 19660 CITY OF REXBURG (contracting Political Subdivision) BY Ae Ha 1~ROCK, Mayor ~tMayor,BOard Chaio~~icer)like ATTEST: J, A, SMITH (,C1erk,Secretary or like officer) City Clerk RE The Motion carried on the above Retirement System, 1966 BUDGET & TAX LEVY: LEGAL NOTICE CITY OF REXBURG, IDAHO BUDGET ESTIMATE FOR THE FISCAL YEAR ENDING DECEMBER 31, 1966 The following is an estimte of the amount of .money necessary for all purposes to be raised by taxation or otherwise in the City of Rexburg, Idaho, during the fiscal year ending December 31, 1966, for which an appropriation is to be made as provided by law; said money to be apportioned for the purpose of paying indebtedness now existing and to accrue against the various funds of the City of Rexburg, Idaho, as follows, to wit: DEPARTi~iENT AND/OR rUND Administrative Department and Sundries Law Enforcement Department „Fire:>Department waterworks Department Irrigation Department Recreation Department Street and Alley Department Parks Department Health and Sanitation Department Municipal Airport Fund Municipal Street Lighting Fund Municipal Bond and Interest Redemption Fund Park Improvement Bond and Redemption Fund Sewer Bond and Redemption Fund Police Retirement Fund Firemen Retirement Fund b 39,930>00 37,473,00 21,420e00 38,588,00 4,700x00 1,500,00 62,330,00 11,700,00 17,100,00 SOOs00 10,SOCa00 12,068,00 3,250,00 18,722,50 1,500x00 3,000,00 TOTAL BUDGET tit 4,281D50