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Ordinance No. 58-97-22 v ORDINANCE NO. 58-97-22 AN ORDINANCE OF THE CITY OF ATLANTIC BEACH, FLORIDA, AMENDING CHAPTER 2, ADMINISTRATION, ARTICLE IV, EMPLOYEE BENEFITS, DIVISION 3, RETIREMENT SYSTEM, SEC. 2- 298(a),MEMBER CONTRIBUTIONS,TO REDUCE CONTRIBUTIONS BY BENEFIT GROUP POLICE, AND PROVIDING AN EFFECTIVE DATE. WHEREAS, Sec. 2-298 of the Code of Ordinances currently requires that contributions to the retirement system by benefit group police shall be no less than 4.815% of salary, and WHEREAS, a new agreement between the City of Atlantic Beach and the Fraternal Order of Police, Lodge 107, was ratified and approved by the City Commission on January 27, 1997, and WHEREAS, Article 26 of the new agreement reduces the contributions to the retirement system by benefit group police bargaining unit members to 2.315% of salary for fiscal year 1996/1997. BE IT ENACTED BY THE CITY COMMISSION ON BEHALF OF THE PEOPLE OF THE CITY OF ATLANTIC BEACH, FLORIDA: SECTION 1. Sec. 2-298(a) of the Code of Ordinances of the City of Atlantic Beach, Florida, is hereby amended to read as follows: "Sec. 2-298. Member contributions. (a) Member contributions by benefit group fire shall be no less than five and five hundred fifty-five thousandths (5.555)percent of salary and by bene- fit group police bargaining unit members covered by the current bargaining unit contract shall be no less than two and three hundred fifteen thousandths (2.315) percent of salary and by other benefit group police members shall be no less than four and eight hundred fifteen thousandths (4.815) percent of salary which shall be deducted from the member's pay and paid over into the retirement system at the same time as city contributions are made." SECTION 2. This Ordinance shall take effect immediately upon its final passage and adoption. PASSED by the City Commission on first reading this /O 0-flay of db 1997. PASSED by the City Commission on second and final reading this All aday of eV. u3 1997. A je T: - ` MA REEK KING, ity a erk L MAN T. FLETCHER Mayor, Presiding Officer Approved as to form and correctness: , 4. ALAN .�5�, NSEN, ESQ., City Attorney