RES 1988-113 - 00004554V1WLVPION NO. 113 - 1908
' A RE MMTON AUni0RIZING THE TRANSFER OF $2,000 nCK TAE
EMERGENCY RESERVE TO THE FINANCE DEPARTMENT
WHEREAS, the City of Fridley is concerned about the cost of the proposed 13th
Paycheck Legislation for private pension plans; and
WHEREAS, the future cost of the benefit should be actuarially determined; and
WHEREAS, the City will be sharing costs of the actuarial study with the Iaague
of Minnesota Cities; and
WHEREAS, the sum of $2,000 is needed to determine the financial impact of the
additional benefit.
NOW, THEREFORE, BE TT RESOLVED that the City Council of the City of Fridley
authorizes the transfer of funds, within the General Fund from the Emea gency
Reserve Fund, to the Finance Department in the amount of $2,000.
PASSED AND ADOPTED BY THE CITY COUNCIL OF THE CITY OF FRIDTEY THIS 19Th DAY OF
DECEMBER, 1988
' ATTEST.
Sti F v A. PAIA - CITY/ CLERK
(t)�4t46m, ���
WI J. NEE - "