TO: Honorable Mayor & Members of the North Port Commission
FROM: Peter D. Lear, CPA, CGMA, City Manager
TITLE: Ordinance No. 2018-53, Amending the Police Pension
Recommended Action
Approve Ordinance No. 2018-53
Background Information
On May 8, 2018, the City and the Southwest Florida Police Benevolent Association (PBA) approved a new three-year union contract. As part of that contract, there were certain provisions related to the Police Pension that need to be changed by amending the Pension Plan Ordinance. The attached letter, Attachment 2, from the Plan Attorney was referenced in the PBA agreement as approving items 1, 3 and 4. Ordinance No. 2018-53 was prepared by the Plan Attorney and reviewed by the City Attorney to incorporate the agreed upon changes.
Strategic Plan
Financially Responsible City Providing Quality Municipal Services
Financial Impact
There is no financial impact to the City.
Procurement
N/A
Attachments:
1. Ordinance No. 2018-53
2. Letter from Pension Plan Attorney dated June 23, 2017
Prepared by: Pete Lear
Department Director: Pete Lear