1967-294 Creating Policemen's Relief and Pensiong 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 Si~H FUND,
~ ~ ~ ~ ~ ~
' BE IT RESOLVED BY THE VILLAGE COUNCIL OF NORTH PALM BEACH, FLORIDA:
Section 1., A Board of Trustees o£ the Policemen's 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 G, All funds o£ the Policemen~s 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 Fvnd,"
Section 5. All withdrawals from the account provided in Section 4 above shall be
signed by the Village Treasurer and countersigned by the Mayor, _
Sec~on 6~ Pursuant to Chapter 185, Florida Statutes, the following two regularly
employed policemen o£ 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 o£ North Palm Beach, Florida, to-wit;
FRANK SAROSA
• RICHARD WILLE
Section 7.
to be the citizen of
Policemen's Relief a
Section 8.
forth above shall be
Dr. J. Edwin Obert be, and he is hereby, appointed by the Village Council
the Village who is the remaining member of the Board of Trustees of the
id Pension Fund, 'in accordance with Chapter 185, Florida Statutes.
In accordance with Chapter 185, Florida Statutes, the appointments set
for a term of two years from date.
PASSED AND ADOPTED THIS 28TH. DAY OF FEBRUARY, 196'7.
MAYOR
(SEAL)
ATTEST:
Village Clerk