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HomeMy WebLinkAboutResolution 73-50CITY OF COLUMBIA HEIGHTS ADMINISTRATIVE OFFICES COLUMBIA HEIGHTS, MINNESOTA 55421 RESOLUTION #73-50 ESTABLISHING BUYBACK PROVISIONS FOR PAST SERVICE UNDER P.E.R.A. BE IT HEREBY RESOLVED by the City Council of the City of Columbia Heights, that WHEREAS, Chapter 715, Laws of 1965, restored the buy-back provisions of the Public Employees Retirement Association, and WHEREAS, Section 353.28, M.S.A., authorizes the Governing body of any municipality to match the contributions made on buy-backs by any of it's city officials and city employees, NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Colu~ia Heights does hereby assume the obligation of matching its employees and city officials contributions in all cases wherein sald employees and city officials have carried out the provisions of Chapter 715, Laws of 1965, and said funds shall come from the 1973 General Fund Budget. BE IT FURTHER RESOLVED t~t the City of Columbia Heights will honor all certifications from the Public Employees Retirement Association affecting matching funds under the buy-back provisions of said Chapter 715, Laws 1965. Passed this 25th day of June, 1973. Offered by: Seconded by: Roll Call: Land Heintz All Ayes. .~cretary to the Council Bruce G. Nawrocki, Mayor