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HomeMy WebLinkAboutRes 1967-294 Creating Policemen's Relief and Pension Trust Fund Baord of Trustees• • • • RESOLUTION NO. 294-67 A RESOLUTION OF THE VILLAGE OF NORTH PALM BEACH, FLORIDA, CREATING A POLICEMEN'S RELIEF AND PENSION TRUST FUND BOARD OF TRUSTEES, SETTING FORTH THE POWERS AND DUTIES, AND DESIGNATING SIGNATORIES UPON SUCH FUND. BE IT RESOLVED BY THE VILLAGE COUNCIL OF NORTH PALM BEACH, FLORIDA: Section 1.. A Board of Trustees of the Policements Relief and Pension Fund is hereby created. Section 2. The Board of Trustees shall consist of the Mayor, Chief of the Police Department, two members of the Police Department to be chosen by motion of the Village Council upon the recommendation of a majority of the members of the Police Department, and a citizen of the Village. Section 3, The powers and duties of the Board of Trustees shall be as set forth in Chapter 185, Florida Statutes. Section 4. All funds of the Policements Relief and Pension Fund shall be deposited in a bank to be designated from time to time by the Village Council in an account entitled "Policemen's Pension Fund," Section 5. All withdrawals from the account provided in Section 4 above shall be signed by the Village Treasurer and countersigned by the Mayor. Section 6. Pursuant to Chapter 185, Florida Statutes, the following two regularly employed policemen of the Village of North Palm Beach have been recommended by a majority of the regularly employed policemen of the Village and are hereby chosen and appointed by the Village Council to be members of the Board of Trustees of the Policemen's Relief and Pension Fund of the Village of North Palm Beach, Florida, to -wit: FRANK SAROKA RICHARD WILLE Section 7 Dr. J. Edwin Obert be, and he is hereby, appointed by the Village Council to be the citizen of the Village who is the remaining member of the Board of Trustees of the Policemen's Relief and Pension Fund in accordance with Chapter 185, Florida Statutes. Section 8. In accordance with Chapter 185, Florida Statutes, the appointments set forth above shall be for a term of two years from date. PASSED AND ADOPTED THIS 28TH DAY OF FEBRUARY, 1967. (SEAL) ATTEST: MAYOR Village Clerk