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RES 1969-48 - 00010015J RESOLUTION NO. 48 -1969 - A RESOLUTION REGARDING PROPOSED LEGISLATIVE CHANGE IN THE FIREMEN'S PENSION LEGISLATION BE IT RESOLVED, by the Council of the City of Fridley, Anoka County, Minnesota, as follows: WHEREAS, the Fridley Firemen's Relief Association has requested an amendment to the existing legislation estab- lishing their retirement pension; and WHEREAS, the Fridley City Council has previously passed a Resolution supporting the requested legislative change; and WHEREAS, the Council has reviewed actuarial studies re- garding the effect of the proposed changes; and WHEREAS, the Council is of the opinion that the existing and future revenues will make said plan as revised actuari- ally sound. NOW THEREFORE, be it resolved, that the Fridley City Council acknowledges that they understand the potential cost of a retirement program as contained in the above legislative re- quest and support the proposed legislation. ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 31ST DAY OF MARCH, 1969. c YOR - JACK 0. KI RSCHAM ATTEST- CITY - MARVIN C. BRUNSELL 69