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HomeMy WebLinkAbout0142_0001Section 2. The rights, credits and benefits hereinabove authorized shall be in a it on to the plan provisions heretofore adopted and in force at the effective date of this ordinance pursuant to the Act governing said System. Section 3. This ordinance shall become effective on the first day of the calendar month following its enactment, provided it has previously been determined by the Actuary for the System that the additional obligations here- with undertaken can be funded within the period prescribed by the Act above cited,, and will not result in probable depletion of this City's account in the Prior, Service Accumulation Fund of the System. Passed and approved on first reading this the day bf /e-CP9,�AO%,Ie .,,,.- , 1980; and passed and approved on second reading this .__c-.)- d ay of tVege.&&-' 1980. APPROVED: ATTEST: JL'4--' Jim Colbert, City Secretary 2