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HomeMy WebLinkAboutA-12 Est. CFD PensionFund I, I I ~ ~ I I \>.1" '~', ~, , < '1 '. L }, ':1 ,11 " .,1 ! . l I I c . -1.,,- ~ "\ OROINANCE NO. A.....L2:; .,'~ AN ORDINANCE AUTHORIZING ESTABLISHMENT Of A REGULAR PENSION SYSTEM FOR MEMBERS OF CARMEL FIRE DEPARTMENT, PROVIDING FOR CREATION OF A BOARD OF TRUSTEES THEREFOR AND PRESCRIBING ~'HE RIGHT, POWERS AND DU'l'IES 011' SUCH BOARD OF TRUSTEES. BE IT ORDAINED BY THE BOARD OF, TRUSTEES OF THE TOWN OF CARMEL, INDIANA: 1) That the regular employees of the Town of Carmel, Indiana known 8$ the members of the Carmel Fire Department are hereby . empowered and authorized to initiate and establish a regular pension system in accordance with the Acts of General Assembly of Indiana, 1937, Chap.31, p.156, as amended by Acts of General Assembly of Indiana, 1967, Chap. 208, p.444 and all acts supplemental and amendatory thereto. 2)' That the Board of Trustees of the Town of Carmel, Indiana hereby elects to create and establish a Board of Trustees of such firemen's pension fund and said lloard of 'trustees 1s hereby authorized to adopt and enforce such bylaws, not in conflict with any provisions of the above Acts, as may be deemed necessary to enable it effectively and properly to carry into execution the purposes for which it was organized and established I 3) This ordinance shall take effect at the hour of twelve p'clock midnight on the thirty first day of DeCember, 1967. . PASSED AND ADOPTED 'l'HIS ~ DAY OF , 1967 BY , "THE BOARD OF TRUSTEES OF T~WN OF CA 0 A , ATTEST: ' ~(j~>>Z~tf 4~ ~ J ", nsme1ster, Sr., lerk-'l'reasurer , . "/ ,". Wtt, /9~- This instrument prepared by Leroy K. New, Town Attorney