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September 10 2013 Complete Agenda
September 10 2013 Complete Agenda
WORKSESSION
Tuesday,September10,20131:00P.M. AClosedSessionisscheduledfrom12:001:00P.M.todiscusslegalmatters.
AGENDA
1. 2. 3. COMMENTSFROMTHEPUBLIC
AnypersonwhomaywishtospeakonamatterscheduledfordiscussionontheWorkSessionAgenda maybeheardduring Comments from the Public for a periodof three (3)minutes orsuch time asmay be deemed appropriate by the Council President. Anyone wishing to be heard shall state their name, addressandtheAgendaitemonwhichheorshewishestospeak.
CALLTOORDER REPORTONCLOSEDSESSIONSeptember10,201312:00p.m.
WORK SESSION -MAYOR AND CITY COUNCIL TUESDAY, SEPTEMBER 10, 2013 2. Report on Closed Session September 10, 2013 12:00 p.m. 1:00 p.m. - Legal Matters
NOTICE OF CLOSED SESSION OF MAYOR & CITY COUNCIL OF OCEAN CITY DATE AND TIME: PLACE: SUBJECT: VOTE: Tuesday, September 10, 2013 12:00 p.m. City Hall Legal Matters UNANIMOUS OTHER: FOR: AGAINST: ABSTAIN: ABSENT:
AUTHORITY: State Government Article: Section 10-508(a) Annotated Code of Maryland PURPOSES: 1. To discuss: (i) the appointment, employment, assignment, promotion, discipline, demotion, compensation, removal, resignation or performance evaluation of appointees, employees or officials over whom it has jurisdiction; or (ii) any other personnel matter that affects one or more specific individuals; 2. To protect the privacy or reputation of individuals with respect to a matter that is not related to public business 3. To consider the acquisition of real property for the public purpose and matters directly related thereto; 4. Consider a matter that concerns the proposal for a business or industrial organization to locate, expand or locate in the state; 5. Consider the investment of public funds; 6. Consider the marketing of public securities; X 7. Consult with counsel to obtain legal advice; 8. Consult with staff, consultants or other individuals about pending or potential litigations; 9. Conduct collective bargaining negotiations or consider matters that relate to the negotiations; 10. Discuss public security if the public body determines that public discussion would constitute a risk to the public or public security, including; a) the deployment of fire and police services and staff; and b) the development and implementation of emergency plans 11. Prepare, administer or grade a scholastic, licensing or qualifying examination; 12. Conduct or discuss an investigative proceeding on actual or possible criminal conduct; 13. Comply with a specific constitutional, statutory or judicially imposed requirement that prevents public disclosures about a particular proceeding or matter; or 14. Before a contract is awarded or bids are opened, discuss a matter directly related to a negotiation strategy or the contents of a bid or proposal, if public discussion or disclosure would adversely impact the ability of the public body to participate in the competitive bidding or proposal process
REPORT OF CLOSED SESSION OF THE MAYOR AND CITY COUNCIL OF OCEAN CITY Prior to this open session of the Mayor and City Council being held on Tuesday, September 10, 2013, a closed session was held on Tuesday, September 10, 2013, at 12:00 p.m. The following is a report of the closed session. 1. A statement of the time, place, and purpose of the closed session is attached. 2. A record of the vote of each member as to closing the session is attached. 3. A citation of the authority under the law for closing the session is attached. 4. (a) Topics of Discussion: Legal Matters (b) Persons present: Mayor Richard Meehan City Manager David Recor Council President Lloyd Martin Council Secretary Mary Knight Council Members Doug Cymek; Margaret Pillas; Brent Ashley; Dennis Dare and Joe Mitrecic City Solicitor Guy Ayres Executive Office Associate Diana Chavis
Action(s) taken:
H:\Wpdoc\closedsess.wpd
WORK SESSION -MAYOR AND CITY COUNCIL TUESDAY, SEPTEMBER 10, 2013 3. COMMENTS FROM THE PUBLIC
Any person who may wish to speak on a matter scheduled for discussion on the Work Session Agenda may be heard during Comments from the Public for a period of three (3) minutes or such time as may be deemed appropriate by the Council President. Anyone wishing to be heard shall state their name, address and the subject on which he or she wishes to speak.
WORK SESSION -MAYOR AND CITY COUNCIL TUESDAY, SEPTEMBER 10, 2013 4. NEW BUSINESS A. Bid Opening Design Proposals for Beach Patrol Headquarters
List of Beach Patrol Headquarters Design Firms: Atlantic Planning and Design AWB Becker Morgan Bignel Watkins Hasser Buchart Horn David A. Quillen Davis, Bowen, & Freidel Design Atlantic Fisher Architects George Miles & Buhr Iott Architects Jeff Schoellkopf MADD Engineering Steven Cirile
TOWN OF OCEAN CITY Engineering Department Beach Patrol Headquarters - Design Services
This Addendum is issued to clarify, add to, delete from, correct and/or change the Contract Documents to the extent indicated and is hereby made a part of said contract documents on which the Contract will be based. Acknowledge receipt of the Addendum by inserting its number and date on the Construction Bid Form. Failure to do so may subject offer to disqualification.
ADDENDUM NO: 2Error! Reference source not found. Beach Patrol Headquarters - Design Services AD2-1: The proposal due date has been postponed indefinitely:
End of Addendum 1
WORK SESSION -MAYOR AND CITY COUNCIL TUESDAY, SEPTEMBER 10, 2013 4. NEW BUSINESS B. Request to Purchase Surplus City Property at 3529 Atlantic Avenue presented by City Engineer
TOWN OF
The Honorable Mayor, Council President and Members of Council David L. Recor, ICMA-CM, City Manager Terence J. McGean, PE, City Engineer Request to Purchase City Owned Property at 3529 Atlantic Ave, Parcel A September 4, 2013 Proposed sale of City owned property. Mr. & Mrs. McCormack, the adjacent property owners to a 10 x 120 city owned parcel of land at the east end of 36th Street (Parcel A on the enclosed Plat) are requesting to purchase the property from the City. Additional revenue from the negotiated purchase price and placing the parcel on the City tax roll. Move forward with the property sale by requesting an appraisal Do not sell the property; place the property up for auction. Terry McGean, City Engineer Hal Adkins, Public Works Director Tom Shuster, Recreation and Parks Director. 1) 2) 3) 4) Email from McCormack requesting sale Plat Photo Copy of City policy for transferring property
ISSUE(S): SUMMARY:
FISCAL IMPACT:
ATTACHMENT(S):
Dear Mr. McGean, We have been referred to you by Ken Jordan in Planning and Zoning to acquire a small strip of land adjacent to our Townhouse Unit 1 and the City's side walk at 36th street. We are forwarding Ken's email which has attached the City plot map. We want to acquire Parcel "A" next to Unit 1 on the far left side of the plot map. We have also attached our photo of the property which shows the side of our Townhouse Unit 1, Parcel A, the City sidewalk and the street. Parcel A is 8 3/4 feet wide by 56 feet which is adjacent to our Townhouse Unit 1 lot. It consists of an 8 1/2 by 27 foot concrete slab butting up to our concrete wall and 8 1/2 by 29 feet of vegetation which we maintain. Our address is 3529 Atlantic Ave. (Sea Village Unit 1) which we have owned since 1998. Excess lots similar to Parcel A appear in many other locations in the City such as 31, 32, 78, 79, 90, 91, 143, 144 streets, etc. In talking with neighbors and realtors over the years, we have heard that the City has transferred many of these lots to the adjacent homeowners, the ones who naturally have the greatest interest in them. These acquisitions allowed the City to bring the land onto the City's tax rolls. We understand that Townhouse Unit 15 at the other end of our street acquired Parcel B (identical to Parcel A) from the City approximately 15 years ago. Our intent is to keep Parcel A as is and to prevent a third party from acquiring this plot and doing something that may adversely affect our existing property. We would appreciate you advising us how to proceed with the acquisition. We will be happy to meet with you or your staff at any time to discuss this. Thank you, Robert and JoEllen McCormack 3529 Atlantic Ave. (Sea Village Unit 1) 410-723-3187 Dear Mr. McGean, We have a correction to make to our email of Friday, August 23. We miss-read the plot map. The length of Parcel A is 120 feet, not 56 feet. The portion covered by vegetation is 93 feet not 29 feet. Rob and JoEllen McCormack 3529 Atlantic Ave. (Sea Village 1) 410-723-3187
WORK SESSION -MAYOR AND CITY COUNCIL TUESDAY, SEPTEMBER 10, 2013 4. NEW BUSINESS C. Request for Approval to Purchase a Turf Aerator presented by Finance Administrator
TOWN OF
The Honorable Mayor, Council President and Members of Council David L. Recor, ICMA-CM, City Manager Request to purchase Turf Aerator August 29, 2013 Request approval to purchase a Turf Aerator as budgeted. Parks Maintenance is requesting approval to purchase a Turf Aerator as budgeted in the FY14 Vehicle Trust Equipment. Equipment will be shared between the Recreation Dept and Eagles Landing Golf Course. The pricing for the equipment is based upon Baltimore County Public Schools Contract #JMI-60610: Grounds Maintenance Equipment and is below budget estimate of $24,000. $23,916.00 Approve purchase. Purchase later at possible higher rate without piggy backing on Baltimore County contract. Martha J. Bennett, Finance Administrator Calvin Ginnavan, Parks Superintendent Tom Shuster, Director of Parks & Recreation Memo
ISSUE(S): SUMMARY:
RESPONSIBLE STAFF:
MEMORANDUM
TO: Tom Shuster FROM: Calvin Ginnavan DATE: August 29, 2013 RE: Vehicle Trust Equipment purchase FY 2013-14 $24,000 was approved in the current FY 2013-14 Vehicle Trust Equipment budget for the purchase of a Turf Aerator. The aerator will be a shared use piece of equipment; therefore, one half ($12,000) of the estimated purchase price is included in the Park Division budget and the remaining half in the Eagles Landing Golf Course budget. The shared use of this equipment will ensure the machine is utilized to its fullest capacity while allowing both entities to realize the benefits of reduced soil compaction and improved water infiltration in turf areas. Parks staff and golf course staff have demonstrated and compared all models in this equipment class and recommend this purchase based on cost, dealer service and overall satisfaction. Please accept this memo as my recommendation that the Town purchase the Rexidem Verti-Drain 7416 Turf Aerator via government contract pricing from the Vehicle Trust Equipment FY 2013-14 budget based upon the following: Horizon Distributors is a sole source supplier in the Mid-Atlantic region for Rexidem as the manufacturers distribution areas are protected. The Verti-Drain 7416 has applicable government award contract pricing based upon Baltimore County Public Schools Contract #JMI-606-10: Grounds Maintenance Equipment. Equipment is below budget estimates.
As has been the practice for the past several years I am recommending we make this purchase using government contracts already awarded for these items. This is proven to be the best pricing option available for obtaining the maximum government discount. Government discount rates remain unchanged for this fiscal year. Please forward this recommendation so a purchase order for this equipment can be issued. Once the purchase order is received, I will process the order. If you have any questions please be sure to contact me. Suggested supplier Rexidem Verti-Drain 7416 Turf Aerator Horizon Distributors $23,916.00
WORK SESSION -MAYOR AND CITY COUNCIL TUESDAY, SEPTEMBER 10, 2013 4. NEW BUSINESS D. Budget Manager Discussion of FY13 Budget Amendment #2
TOWN OF
The Honorable Mayor, Council President and Members of Council David L. Recor, ICMA-CM, City Manager Jennie Knapp FY 13 Budget Amendment #2, Introduction 9/10/13
ISSUE(S): SUMMARY:
Introduction of Budget Amendment #2 for FY 13 The budget amendment recognizes additional revenue from Income Tax, Admissions Tax, Room Tax and Cable TV Franchise to reduce the amount needed from fund balance for the fiscal year. In addition, the amendment adjusts other revenue and expense line items for fiscal year FY 13. The amount taken from prior year reserves (fund balance) decreases $827,570 from $3,809,250 approved in Budget Amendment # 1 for FY 13. The total amount to be taken from prior year reserves is $2,981,680 for FY 13. Approval of Budget Amendment #2 for FY 13 None Jennie Knapp, Budget Manager Not applicable 1) 2) 3) 4) Budget amendment ordinance Detail of changes Reconciliation of Hurricane Sandy expenses Power Point Presentation
FISCAL IMPACT:
Revenue Changes
Property Taxes Other Taxes Licenses and Permits From Other Agencies Service Charges Fines & Forfeitures Other Revenue Appropriated Fund Balance Total Increases $ (18,000) $ 927,570 $ 121,414 $ 1,084,989 $ (12,742) $ 87,165 $ 60,046 $ (827,570) $ 1,422,872
Expenditure Changes
FEMA Reimbursement Advertising Grants Legal Fees Donations Postage Forfeiture Funds Towing Expense Lightning Strike Expenses Subtotal for expenditure changes $ 545,251 $ 559,022 $ 122,790 $ 133,628 $ 115,631 $ 58,000 $ 51,376 $ 68,189 $ 27,267 $1,681,154
Less Convention Center savings (149,704) Less Public Safety savings (227,866) Total Budgeted Increases $1,422,872
Wastewater Fund:
Recognition of $170,462 from Prior Year Reserves to fund Spring infrastructure upgrades Recognition of $25,000 Fixture Charges and $35,944 Service to West Ocean City to cover the purchase of a ground penetrating radar device, the sewer repair on 60th street, interdepartmental labor and overtime costs Recognition of $24,107 FEMA reimbursement to cover costs related to Hurricane Sandy
Airport:
$ 3,093 insurance reimbursement to repair lightning damage to scales
Golf Course:
FEMA reimbursement of $5,359 for expenses related to Hurricane Sandy Insurance reimbursement of $2,377 for lightning strike damage
Reductions:
Savings in salaries and benefits Savings in energy, maintenance, etc. Total Reductions ($198,938) ($175,182) ($374,120)
Net reductions:
($224,092)
Service Center:
$99,693 reduction of estimate for fuel and parts revenue offset by reduction of purchases for resale
Vehicle Trust:
($174,518) reduction of FY 13 MTA grants to actual ($ 17,000) reduction of cellular antenna rental revenue
Public Safety
Personal Services
Non-Personal Services
6,440 8,430 Full-Time Salaries; 669 Part-Time Salaries; 955 Interdepartmental Labor; 910 Overtime; 4,080 Retirement 314 ICMA match; 5,288 Unemployment; (2,974) FICA (5,541) Health insurance; (5,691) Retiree health insurance (106,133) (99,693) Purchases for resale fuel and parts; (6,440) Building & Equipment maintenance (99,693)
Hurricane Sandy
Fund General Water Wastewater Transportation Airport Golf Course OCCC IT Purchasing
Total Expenses 1,001,978.08 26,003.12 37,465.05 13,001.13 2,556.83 10,847.62 210,323.37 6,691.10 17,644.41 1,326,510.71
Budgeted Expenses 214,369.92 13,762.56 13,358.05 3,699.46 819.07 4,345.37 3,556.02 3,798.75 4,149.82 261,859.02
FEMA Insurance Cost to Reimbursement Proceeds Cover 545,251.00 0.00 242,357.16 12,153.00 0.00 87.56 24,107.00 0.00 0.00 0.00 0.00 9,301.67 0.00 0.00 1,737.76 5,359.00 0.00 1,143.25 91,545.62 42,251.20 72,970.53 0.00 0.00 2,892.35 0.00 0.00 13,494.59 678,415.62 42,251.20 343,984.87
SOURCE Section I, General Fund: A. Anticipated Revenue: Property Taxes Other Taxes Licenses and Permits Revenue From Other Agencies Charges For Services Fines and Forfeitures Other Revenue Prior Year Reserves Total Revenue B. Anticipated Expenditures: General Government Public Safety Public Works/Beach Maintenance Sanitation and Waste Removal Highways and Streets Economic Development -Tourism Culture and Recreation Debt Service Sub Total To Transportation Fund To Airport Fund To Convention Center Fund To Vehicle Trust To Capital Projects Total Expenditures
3,666,245 $ 33,662,945 5,212,513 5,568,131 4,919,317 7,227,878 7,601,107 4,551,710 72,409,846 $ 1,927,997 125,977 1,483,575 488,000 2,000,000 78,435,395 $
3,927,903 $ 33,729,579 5,203,405 5,392,481 5,782,807 8,002,251 7,392,286 4,551,710 73,982,422 $ 1,927,997 125,977 1,333,871 488,000 2,000,000 79,858,267 $
3,927,903 33,729,579 5,203,405 5,392,481 5,782,807 8,002,251 7,392,286 4,551,710 73,982,422 1,927,997 125,977 1,333,871 488,000 2,000,000 79,858,267
SOURCE Section II, Water Fund: A. Anticipated Revenue: Water Sales Water Fixture Charge Service Charges Capacity/Impact Fees Revenue From Other Agencies Prior Year Reserves Total Revenue B. Anticipated Expenditures: Personal Services Non-Personal Services Debt Service Capital Outlay Total Expenditures $ $
Section III, Transportation Fund: A. Anticipated Revenue: Bus Revenue Train Revenue Federal and State Grants Capital Asset Sales Transfer-In From General Fund Prior Year Reserves Total Revenue B. Anticipated Expenditures: Personal Services Non-Personal Services Capital Outlay Total Expenditures $ 3,653,751 $ 3,691,966 1,737,159 9,082,876 $ 3,576,050 $ 3,713,862 1,737,159 9,027,071 $ 3,576,050 3,713,862 1,737,159 9,027,071 $ 2,945,077 $ 1,073,051 3,069,840 12,930 1,927,997 53,981 9,082,876 $ 2,835,903 $ 1,102,326 3,093,934 12,930 1,927,997 53,981 9,027,071 $ 2,835,903 1,102,326 3,093,934 12,930 1,927,997 53,981 9,027,071
SOURCE Section IV, Wastewater Fund: A. Anticipated Revenue: Wastewater Treatment Charges Service Charges Build America Bond Subsidy Revenue From Other Agencies Capacity/Impact Fees Prior Year Reserves Total Revenue B. Anticipated Expenditures: Personal Services Non-Personal Services Debt Service Capital Outlay Total Expenditures $ $
Section V, Airport Fund: A. Anticipated Revenue: Fuel Sales Rents and Other Revenue State and Federal Grants Service Charges Transfer-In From General Fund Prior Year Reserves Total Revenue B. Anticipated Expenditures: Personal Services Non-Personal Services Debt Service Capital Outlay Total Expenditures $ 311,695 $ 1,132,160 146,082 450,000 2,039,937 $ 311,695 $ 1,135,253 146,082 450,000 2,043,030 $ 311,695 1,135,253 146,082 450,000 2,043,030 $ 729,600 $ 351,530 427,500 108,000 125,977 297,330 2,039,937 $ 729,600 $ 354,623 427,500 108,000 125,977 297,330 2,043,030 $ 729,600 354,623 427,500 108,000 125,977 297,330 2,043,030
SOURCE Section VI, Municipal Golf Course Fund: A. Anticipated Revenue: Service Charges Sales and Concessions Other Revenue Prior Year Reserves Total Revenue B. Anticipated Expenditures: Personal Services Non-Personal Services Transfer to General Fund Capital Outlay Total Expenditures
Section VII, Convention Center Fund: A. Anticipated Revenue: Service Charges State and County Grants Food & Beverage Tax Transfer-In From General Fund Prior Year Reserves Insurance Claim Payments Total Revenue B. Anticipated Expenditures: Personal Services Non-Personal Services Debt Service Transfer to Debt Service Reserves Capital Outlay Total Expenditures
SOURCE Section VIII, Information Technology Fund: A. Anticipated Revenue: Service Charges To Other Funds Insurance Claim Payments Prior Year Reserves Total Revenue B. Anticipated Expenditures: Personal Services Non-Personal Services Capital Outlay Total Expenditures $ $
Section IX, Service Center Fund: A. Anticipated Revenue: Service Charges To Other Funds Prior Year Reserves Total Revenue B. Anticipated Expenditures: Personal Services Non-Personal Services Debt Service Capital Outlay Total Expenditures $ 1,825,261 $ 3,558,307 0 0 5,383,568 $ 1,831,701 $ 3,452,174 0 0 5,283,875 $ 1,831,701 3,452,174 0 0 5,283,875 $ 5,360,362 $ 23,206 5,383,568 $ 5,260,669 $ 23,206 5,283,875 $ 5,260,669 23,206 5,283,875
SOURCE Section X, Vehicle & Equipment Trust Fund: A. Anticipated Revenue: Service Charges To Other Funds State and Federal Grants Sale of Assets Transfer In From General Fund Prior Year Reserves Total Revenue B. Anticipated Expenditures: Non-Personal Services Debt Service Transfers Out Capital Outlay Total Expenditures $ $
Section XI, Risk Management Fund: A. Anticipated Revenue: Service Charges To Other Funds Interest Earned Prior Year Reserves Total Revenue B. Anticipated Expenditures: Personal Services Non-Personal Services/Claims Capital Outlay Total Expenditures $ 236,940 $ 1,938,749 0 2,175,689 $ 236,940 $ 1,938,749 0 2,175,689 $ 236,940 1,938,749 0 2,175,689 $ 2,109,754 $ 65,081 854 2,175,689 $ 2,109,754 $ 65,081 854 2,175,689 $ 2,109,754 65,081 854 2,175,689
SOURCE Section XII, Pension Trust Funds: A. Anticipated Revenue: Employer Contributions Employee Contributions Investment Earnings Total Revenue B. Anticipated Expenditures: Benefit Payments Non-Personal Services Reserve for Employee's Retirement Total Expenditures Section XIII, OPEB Trust Funds: A. Anticipated Revenue: Employer Contributions Employee Contributions Investment Earnings Total Revenue B. Anticipated Expenditures: Benefit Payments Non-Personal Services Reserve for Retiree Health Total Expenditures
SOURCE Section XIV, General Capital Projects Fund: A. Anticipated Revenue: General Fund Contribution Bond Proceeds Inlet Lot Parking Revenue Total Revenue B. Anticipated Expenditures: Street Paving Reserve for Future Capital Projects Total Expenditures $ $
Section XIV, All Funds Expenditure Summary: General Fund Water Fund Transportation Fund Wastewater Fund Airport Fund Municipal Golf Course Fund Convention Center Fund Management Information Services Fund Service Center Fund Vehicle & Equipment Trust Fund Risk Management Fund Pension Trust Funds OPEB Trust Fund Sub Total LESS: Interfund Transfers Total Expenditures Capital Projects Fund - General Grand Total $ $ $ 78,435,395 $ 7,240,911 9,082,876 12,382,230 2,039,937 2,268,147 7,106,639 1,788,284 5,383,568 6,726,618 2,175,689 11,768,044 4,248,750 150,647,088 $ (27,570,894) 123,076,194 $ 2,290,000 125,366,194 $ 79,858,267 $ 7,253,064 9,027,071 12,637,743 2,043,030 2,275,883 6,882,547 1,841,182 5,283,875 6,535,100 2,175,689 11,768,044 4,248,750 151,830,245 $ (27,304,497) 124,525,748 $ 2,290,000 126,815,748 $ 79,858,267 7,253,064 9,027,071 12,637,743 2,043,030 2,275,883 6,882,547 1,841,182 5,283,875 6,535,100 2,175,689 11,768,044 4,248,750 151,830,245 (27,304,497) 124,525,748 2,290,000 126,815,748
Section XV, Special Authorization - Budget Manager: The Budget Manager shall be authorized to reallocate departmental appropriations among the various objects of expenditures as she deems necessary. Such changes shall be approved by the Finance Administrator & City Manager. Section XVI, Restrictions - City Manager: A. The utilization of any contingency appropriation shall be accomplished only with prior authorization from the Mayor and Council. B. Utilization of appropriations established in the Capital Improvement Fund may be accomplished only with the express approval of the Mayor and Council. Section XVII, Tax Rate: An Ad Valorem Tax Rate of $0.4585 per $100 of assessed valuation of real property and a rate of $1.29 per $100 of assessed valuation of corporate and personal property tax is required to fund this budget. INTRODUCED at a meeting of the City Council of Ocean City, Maryland held on September 16, 2013. ADOPTED AND PASSED, by the required vote of the elected membership of the City Council and approved by the Mayor at its meeting held on October 7, 2013.
MARY P. KNIGHT, SECRETARY ADOPTED: Date MOTION TO ADOPT BY: MOTION SECONDED BY: VOTE: FOR: AGAINST:
WORK SESSION -MAYOR AND CITY COUNCIL TUESDAY, SEPTEMBER 10, 2013 4. NEW BUSINESS E. FY14 Pension and Retiree Health Fund Contributions presented by Finance Administrator
TOWN OF
The Honorable Mayor, Council President and Members of Council David L. Recor, ICMA-CM, City Manager FY-14 Pension and Retiree Health Contribution August 29, 2013 Request approval to make contributions to the retiree health funds. pension and
ISSUE(S):
SUMMARY:
At their meeting on August 28, the Pension Trustees voted to request that the Council make the actuarial recommended contributions of $3,331,300 for the Public Safety Plan; $2,351,374 for the General Employees Plan, and $3,617,000 for the Other Post-Employment Benefit Trust Fund (retiree health) for fiscal year 2014. This is $14,256 less than was budgeted for FY-14. The contributions were calculated using a 10-year, level percent of pay, open gain/loss basis. I recommend that the contributions to the plans be divided into three payments with one-third paid in October, November, and December 2013.
$9,299,674 Make the actuarial recommended contribution and divide the contributions into three payments. Make one lump sum payment in December 2013. Martha J. Bennett, Finance Administrator Wayne Evans, Human Resource Director None