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2006-064 RESOLUTION NO. 2006-64 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF A VENTURA, FLORIDA ESTABLISIDNG THE CITY'S DEPARTMENT DIRECTOR HEALTH INSURANCE RETIREMENT PROGRAM; AUTHORIZING THE CITY MANAGER TO DO ALL THINGS NECESSARY TO CARRY OUT THE AIMS OF TIDS RESOLUTION; PROVIDING FOR EFFECTIVE DATE. WHEREAS, the City Commission finds it in the best interests of the City to establish a Health Insurance Retirement Program for Department Directors who have served the City as Department Director on a long-term basis. NOW, THEREFORE, IT IS HEREBY RESOLVED BY THE CITY COMMISSION OF THE CITY OF A VENTURA, FLORIDA, AS FOLLOWS: Section 1. The City Commission hereby establishes the Health Insurance Retirement Program for Department Directors as follows: An eligible employee shall be defined as one who served ten years or more in a full-time Department Director position with the City of A ventura. When an eligible employee retires from the City of A ventura in good standing (resignation) after the age of fifty-five (55), the City shall continue to provide at its expense employee health insurance benefits, in accordance with the City's Health Insurance Program, until the employee reaches the age of sixty-five (65). An eligible employee may elect to pay the cost of obtaining any additional family health insurance coverage. Section 2. The City Manager is authorized to do all things necessary to carry out the aims of this Resolution. Section 3. That this Resolution shall become effective immediately upon adoption hereof. The foregoing Resolution was offered by Commissioner Joel, who moved its adoption. The motion was seconded by Commissioner Weinberg, and upon being put to a vote, the vote was as follows: Commissioner Zev Auerbach Commissioner Bob Diamond Commissioner Billy Joel Commissioner Michael Stern Commissioner Luz Urbaez Weinberg Vice Mayor Harry Holzberg Mayor Susan Gottlieb yes yes yes yes yes yes yes Resolution No. 2006- 64 Page 2 PASSED AND ADOPTED this 8th day of November, 2006. Approved as to Form and Legal Sufficiency: ~ ~. City Attorney 2