RES 1980-114 - 00006603RESOLUTION NO. 114 - 1980
A RESOLUTION IN OPPOSITION TO PROPOSAL FOR REALLO-
CATION OF THE TWO PERCENT FIRE, LIGHTNING, SPRINKLER LEAKAGE
AND EXTENDED COVERAGE INSURANCE PREMIUMS.
WHEREAS, the City of Fridley is desirous of maintaining a financially sound
pension program for its volunteer firefighters through the Fridley 's
Firefighters Relief Association and
WHEREAS, the City recognizes the importance of the 2% insurance premium state
aid available under Minnesota Statutes 69.021 and 69.031 to attain and
maintain an actuarially sound pension benefit program which meets the unique
needs and desires of the City, and
WHEREAS, allocation of a portion or all of said funds to purposes other than
the existing purpose may jeopardize the Association's financial ability to
improve pension and other benefit levels which are deemed desirous or
necessary by the City to attract and retain qualified volunteer and /or paid
call firefighters;
NOW, THEREFORE, BE IT RESOLVED by the City Council that the City of Fridley
is opposed to any proposal introduced before the Minnesota Legislature which
would eliminate the exclusive allocation to the Fridley's Firefighters Relief
Association of the 2% insurance premium state aid described in Minnesota
Statutes Chapter 69.021 and 69.031.
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 10TH DAY
OF NOVEMBER, 1980. Q
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' MAYOR - WILLIAM J. N
ATTEST:
ACTING CIfiY CLERK - NASIM M. QUKEbHI
0072AI0859A
183