HomeMy WebLinkAboutM1992-327 - 12/08/1992Motions - 12/8/92
Motion to authorize the City Manager to execute settlement of retirement benefit
claim of Regulo H. and Delia C. Garza whereby City will pay (1) $9,758.69 to
claimants, (2) $810.44 per month for life to Regulo H. Garza, and (3) thereafter
$540.33 per month for life to Delia C. Garza if she survives Regulo H. Garza; and
to authorize the City Manager to establish a trust fund for such monthly payments
comprised of $84,185.11 from the self insurance fund and $32,821.39 constituting the
fund currently held in trust for Regulo Garza, as set forth in the agreement signed
by the Garzas.
' CROFILMEL
M92~327