RES 1981-125 - 00006366• F114 • • �
a • 111 Ij R I
WHEREAS, the Internal Revenue Service has issued Revenue Ruling 81 -58 that
appears to remove the exemption on earnings of police and fire relief
associations from federal taxation; and
WHEREAS, the effect of this ruling could result in the more doubling of
the cities annual contribution to the police and fire pensions funds; and
WHEREAS, the effect of this ruling results in double taxation and a
tremendous burden on all taxpayers in the City of Fridley.
NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of
Fridley urges its United States Senators, Boschwitz and Durenburger, and
Representative Martin Sabo to work closely with our police and fire relief
associations to obtain an extension of the effective date of Revenue
Ruling 81 -58 by one year; and
BE IT FURTHER RESOLVED, that the City Council of the City of Fridley
supports the immediate passage of legislation correcting the exemption
problem by creating an exemption similar to the exemption teachers have
under I.R.C. 501(C)(11), making it retroactive if necessary.
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDLEY THIS 9TH DAY
OF NOVEMBER, 1981.
SIDNEY CAN - CITY CLERK
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WILLIAM NEE - MAYOR
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