2006-03
ORDINANCE NO. 2006-03
AN ORDINANCE OF THE CITY OF AVENTURA,
FLORIDA, AMENDING THE CITY CODE BY AMENDING
CHAPTER 36 "RETIREMENT", AT ARTICLE II "POLICE
PENSION PLAN AND TRUST FUND", BY AMENDING
SECTION 36-36 "RATE OF CONTRIBUTION";
PROVIDING FOR SEVERABILITY; PROVIDING FOR
INCLUSION IN CODE; PROVIDING FOR EFFECTIVE
DATE.
WHEREAS, Section 36-36 (Rate of Contribution) of the Aventura Code requires
that, to the extent that any changes are required in the member contribution rate, a
separate amendment shall be required to reflect the revised member contribution, and;
Whereas, the member contribution rate is required to be amended from 6.3% to
6.775% effective October 1, 2005.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE
CITY OF AVENTURA, AS FOLLOWS:
Section 1. Recitals Adopted. That the recital stated above is hereby adopted
and confirmed.
Section 2. City Code Amended. That Section 36-36 "Rate of Contribution" of
Chapter 36 "Retirement" of the City Code is hereby amended to read as follows: 1
Sec. 36-36 Rate of Contribution
The City contribution, effective October 1, 2003 shall be 14.5 percent of covered
payroll. The employee contribution rate shall be six (lnd throe tenths l3eFsent 6.775%
(six and seven hundred seventv five thousandth oercent) effective October 1. 2005.
1 Proposed additions to existing Ordinance text are indicated by underlininq; proposed deletions from
existing Ordinance text are indicated by stFiI'.eIRrelOllR.
Ordinance No. 2006-03
Page 2
The assumed rate of Chapter 185 insurance premium tax rebates shall be five percent
of covered payroll. Future contribution increases or decreases in the plan shall be
shared equally between the employees and the City through September 30, 2005.
Consistent with the requirements of F .S. 112.66 and 185.07, the City shall contribute
the amount necessary to maintain the plan on an actuarially sound basis. To the extent
that any changes are required in the member contribution rate, a separate amendment
shall be required to reflect the revised member contribution.
Section 3. Severabilitv. The provisions of this Ordinance are declared to be
severable and if any section, sentence, clause or phrase of this Ordinance shall for any
reason be held to be invalid or unconstitutional, such decision shall not affect the validity
of the remaining sections, sentences, clauses, and phrases of this Ordinance but they
shall remain in effect, it being the legislative intent that this Ordinance shall stand
notwithstanding the invalidity of any part.
Section 4. Inclusion in the Code. It is the intention of the City Commission,
and it is hereby ordained that the provisions of this Ordinance shall become and made a
part of the Code of the City of Aventura; that the sections of this ordinance may be
renumbered or relettered to accomplish such intentions; and that the word "Ordinance"
shall be changed to "Section" or other appropriate word.
Section 5. This Ordinance shall become effective immediately upon its
adoption.
Ordinance No. 2006-03
Page 3
The foregoing Ordinance was offered by Vice Mayor Joel, who moved its
adoption at first reading. This motion was seconded by Commissioner Auerbach, upon
being put to a vote, the vote was as follows:
Commissioner Zev Auerbach yes
Commissioner Bob Diamond yes
Commissioner Harry Holzberg yes
Commissioner Michael Stern yes
Commissioner Luz Urbaez Weinberg yes
Vice Mayor Billy Joel yes
Mayor Susan Gottlieb yes
The foregoing Ordinance was offered by Commissioner Diamond, who moved its
adoption at second reading. This motion was seconded by Commissioner Weinberg,
and upon being put to a vote, the vote was as follows:
Commissioner Zev Auerbach yes
Commissioner Bob Diamond yes
Commissioner Harry Holzberg yes
Commissioner Michael Stern yes
Commissioner Luz Urbaez Weinberg yes
Vice Mayor Billy Joel yes
Mayor Susan Gottlieb yes
Ordinance No. 2006-...m
Page 4
PASSED AND ADOPTED on first reading this 10th day of January, 2006.
PASSED AND ADOPTED on second reading this ih day of February, 2006.
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USAN GOTTLIEB, MAYOR
ATTEST:
A
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TI=R SA M. SORO
CtJY CLERK
APPROVED AS TO LEGAL SUFFICIENCY:
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CITY ATTORNEY
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