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HomeMy WebLinkAboutOrdinance No. 439 CITY OF THE COLONY, TEXAS ORDINANCE NO. 4~? AN ORDINANCE OF THE CITY OF THE COLONY, TEXAS PROVIDING FOR PARTICIPATION BY THE CITY AND ITS WATER DEPARTMENT IN THE TEXAS MUNICIPAL RETIREMENT SYSTEM, THE SUPPLEMENTAL DISABILITY BENEFITS FUND AND THE SUPPLEMENTAL DEATH BENEFITS FUND: PROVIDING FOR PAYMENTS BY THE CITY TO THE TEXAS MUNICIPAL RETIREMENT SYSTEM, THE SUPPLEMENTAL DISABILITY BENEFITS FUND AND THE SUPPLEMENTAL DEATH BENEFITS FUND; PROVIDING A SEVERABILITY CLAUSE; DECLARING AN EMERGENCY AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City of The Colony, Texas (the "City") is a Home Rule City pursuant to the laws of the State of Texas and its Home Rule Charter; and WHEREAS, the City, The Colony Municipal Utility District No. i of Denton County, Texas (the "District"), the City of Lewisville and the City of Eastvale have heretofore entered into a Contract and Mutual Agreement To Dissolve The Colony Manieipal Utility District No. 1 of Denton County, Texas (the "Contract") parsuant to article 1182c-5 of the Texas Revised Civil Statutes (Vernon), as amended, and the City and the District have entered into a Contract and Mutual Agreement To Effectnate ConsoIidation of The Colony Municipal Utility District No. 1 of Denton County, Texas luto the City of The Colony (the "Agreement"); and, WHEREAS, the Contract, the Agreement and all documents and other me~noranda related thereto were made the subject of an action for Declaratory Judgment (the "Judgment") flied pursuant to article 717m-1 of the Texas Revised Civil Statutes (Vernon), as amended, which action resulted in a Judgment signed on July 7, 1986 declaring all terms and conditions of the Contract and Agreement valid and all aspects of the consolidation lawful; and WHEREAS, pursuant to the Judgment, the Contract and the Agreement, effective at 12:00 a.m. on October 1, 1986, the District is to be abolished and all employees of the District will become employees of the City's water department; and WtIEREAS, the City Council desires, pursuant to the Agreement and to effectuate a smooth consolidation of employees, to have the new water department employees participate in the Texas Municipal Retirement System ("TMRS"); and WHEREAS, the City Council finds that it is in the best interests of the public health, safety and welfare to have the said employees participate in the TMRS. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF THE COLONY, TEXAS: Section 1. That all of the above premises are found to be true and correct and are incorporated into the body of this ordinance as if copied in their entirety. Section 2. The City Council of the City of The Colony, Texas hereby exercises its option and elects to have the City's new water department and all of the employees of all departments now existing and those hereafter created participate in the Texas Municipal Retirement System as provided in the TMRS Act. Section 3. The City Manager is hereby directed to notify the Board of Trustees of the Texas Municipal Retirement System of the election to participate and have the employees of the City covered in TMRS. Section 4. Each person less than 60 years of age (or who was less than 60 years of age when that person became an employee of the City or District) who becomes an employee of any participating department of the City on or after the effective date of participation of such department shall become a member of the Texas Municipal Retirement System as a condition of his or hec employment. Section 5. In accordance with the provisions of the TMRS Act, the deposits to be made to the Texas Municipal Retirement System on account of current service of the employees of the several participating departments are hereby fixed at the rate of five percent (5%) of the fail earnings of each employee of said departments. Section 6. Each employee who qualifies for such credit shall be allowed "prior service credit" (as defined in Section 63.101 of the TMRS Act) at the rate of one hundred percent (100%) of the "base credit" of such member, calculated in the manner prescribed in Section 63.105 of said Act. Section 7. For each month of current service rendered to the City by each of its employees who are members of Texas Municipal Retirement System, the City will contribute to the current service annuity reserve of each such member at the time of his or her retirement, a sum that is 200% of such member's accumulated deposits for such month of employment; and said sum shall be contributed from the City's account in the municipality accumulation fund. Section 8. The City Secretary is hereby directed to remit to the Board of Trustees of the Texas Municipal Retirement System, at its office in Austin, Texas, the City contributions to the System and the amounts which shall be deducted from the compensation or payroll of employees, all as required by said Board under the provisions of the TMRS Act, and the said official is hereby authorized and directed to ascertain and certify officially on behalf of the City the prior service rendered to tbe said municipality by eaeb of tbe employees of the participating departments, and the average prior service compeusation received by each, and to make and execute all prior service certifications and all other reports and certifications which may be required of the City under the provisions of the TMRS Act, or in compliance with the rules and reg~dations of the Board of Trustees of the Texas Municipal Retirement System. Section 9. The City by its City Council hereby elects to have the employees of all participating departments of the City participate in and be covered by the Supplemental Disability Benefits Fund of the Texas Municipal Retirement System, as provided by Sections 62.003, 64.401 tlwough 64.404, 65.313, and 65.408 of Title ll0B, Revised Civil Statutes of Texas, 1925, as amended; and all of the benefits and obligations of participation in said Fund are hereby accepted by the City as to such employees. Section 10. The City Manager is hereby directed to notify the Board of Trustees of the Texas Municipal Retirement System that the City's Water Department has elected to participate and have the employees of the above mentioned departments participate in the Supplemental Disability Benefits Fund of said System. Section 11. Each person who becomes an employee of any participating departmeut on or after the effective date of participation of such department in said Fund shall as a condition of bis employment be covered into the Supplemental Disability Benefits Fund of said System. The City may in the future refuse to add new departgnents or new employees to said Fund, but shall never discoutinue as to any members who are covered into the Fund. Section 12. The City Secretary is hereby directed to remit monthly to the Board of Trustees of the Texas Municipal Retirement System at its office in Austin, Texas, as the City's contributions to the Supplemental Disability Benefits Fund of the Texas Municipal Retirement System, such percentage of earnings of the above-mentioned employees of the City as may be fixed by the Board of Trustees of the Texas Municipal Retiremunt System, provided that the rate of contribution of said Fund shall not exceed one-half of one pevceut (1./2%) of the earnings of the employees of the City who are covered under said Ftmd; and the City Secretary shall make for the City such reports as the Board of Trustees of the Texas Municipal Retirement System may prescribe. Section 13. That the City's water department hereby elects to participate in the Supplemental Death Benefits Fund of the Texas Municipal Retirement System for the purpose of providing in-service death benefits for each of its employees who are members of said System, and for the purpose of providing post-retirement death benefits for annuitants whose last covered employment was an employee of the --2-- City, in the amounts and on the terms provided for in Sections 62.004, 64.601 through 64.605, 65.314, 65.409, and 65.502 of Title ll0B, Revised Civil Statutes of Texas, 1925, ns amended. Section 14. The City is hereby authorized and directed to notify the Director of the System of adoption of this ordinance, and of the participation of the City in said F~md. Section 15. If any section, article, paragraph, sentence, clause, phrase or word in this ordinance, or application thereto any person or circumstance is held invalid or unconstitutional by a Court of competent jurisdiction, such holding shall not affect the validity of the remaining parts of this ordinance; and the City Council hereby declares it would have passed such remaining parts of the ordinance despite such invalidity, which remaining portions shah remain in full force and effect. Section 16. The fact that the present ordinances and regulations of the City of The Colony, Texas, are inadequate to properly safeguard the health, safety, morals, peace, and general welfare of the inhabitants of the City of The Colony, Texas, creates an emergency for the immediate preservation of the public business, property, health, safety, and general welfare of the public which requires that this ordinance become effective frmn and after the date of its passage and it is accordingly so ordained. PASSEl) ANllAPPROVEI) by the City Coancil of City of Texas on this thec:Z.q_~lay of ~.~, 1986. the The Colony, (_.// g/~ y ~ty of-The Colony, Texas ATTEST: City Secreta~y~ City of The Colony, Texas [SEAL] APPROVED AS TO FORM: City Attorney, City of The Colony, Texas 0045J --3--