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HomeMy WebLinkAbout07655 ORD - 07/28/1965Y AN ORDINANCE INCREASING THE RATE OF DEPOSITS TO THE TEXAS MUNICIPAL RETIREMENT SYSTEM FROM 3% ON 3600 TO 5% ON $3600 FOR EMPLOYEES WHO ARE MEMBERS OF CORPUS CHRISTI GROUPS NO. 2 AND 3 OF THE TEXAS MUNICIPAL RETIREMENT SYSTEM; PROVIDING ANFFE _ECTIVE DATE; ADDING A SAVINGS CLAUSE; AND DECLARING AN EMERGENCY. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CORPUS CHRISTI, TEXAS. k SECTION I. That the rate of deposits to the Texas Municipal Retirement System be changed from 3% on $3600 per year to 5% on $3600 per year for employees who are members of Corpus Christi Groups No. 2 and 3 of the Texas Municipal Retirement System; SECTION 2. The rate changes in Section I shall be effective as of January 1, 1966. SECTION 3. If for any reason any section, paragraph, subdivision, clause, phrase, or provision of this ordinance shall be held invalid, it shall not affect any valid provisions of this or any other ordinance of the City of Corpus Christi to which these rules and regulations relate; SECTION 4. The fact that there is an immediate need to make revisions in the employees retirement plan and an immediate need to advise the Texas Municipal Retirement System Board of such revisions creates a public emergency and an imperative public necessity requiring the suspension of the Charter Rule that no ordinance or resolution shall be passed finally on the date of its introduction and that such ordinance or resolution shall be read on three several meetings of the City Council, and the Mayor, having requested the suspension of the said Charter Rule and that this ordinance be passed finally on the date of its introduction and that such ordinance take effect and be in full force and effect from and after its passage, IT IS ACCORDINGLY SO ORDAINED, this the �f day of July, 1965. -� Ci y Secreta y 7 APPROVED AS TO LEGAL FORM THIS THE DAY OF JULY, 1965 -1 1 City Attorney Mayor City of Corpus Christi, Texas 7655 TO THE MEMBERS OF THE CITY COUNCIL CORPUS CHRISTI, TEXAS CORPUS CHRISTI, TEXAS (J DAY OF 19L. FOR THE REASONS SET FORTH IN THE EMERGENCY CLAUSE OF THE FORE- GOING ORDINANCE, A PUBLIC EMERGENCY AND IMPERATIVE NECESSITY EXIST FOR THE SUSPENSION OF THE CHARTER RULE OR REQUIREMENT THAT NO ORDINANCE OR RESOLUTION SHALL BE PASSED FINALLY ON THE DATE IT IS INTRODUCED, AND THAT SUCH ORDINANCE OR RESOLUTION SHALL BE READ AT THREE MEETINGS OF THE CITY COUNCIL; I, THEREFORE, HEREBY REQUEST THAT YOU SUSPEND SAID CHARTER RULE OR REQUIREMENT AND PASS THIS ORDINANCE FINALLY ON THE DATE IT IS INTRO - DUCED, OR AT THE PRESENT MEETING OF THE CITY COUNCIL. RESPECTFULLY, MAYOR THE CITY OF CORPUS CHRISTI, TEXAS THE CHARTER RULE WAS SUSPENDED BY THE FOLLOWING VOTE: DR. MCIVER FURMAN JACK BLACKMON PATRICK J. DUNNE DR. P. JIMENEZ, JR. KEN MCDANIEL RONNIE SIZEMORE WM. H. WALLACE THE ABOVE ORDINANCE WAS PASSED BY THE FOLLOWI VOTE: DR. MCIVER FURMAN JACK BLACKMON PATRICK J. DUNNE DR. P. JIMENEZ) JR. KEN MCDANIEL RONNIE SIZEMORE WM. H. WALLACE