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HomeMy WebLinkAboutRES 0955RESOLUTION NO. WHEREAS, the City of Renton, being a member of the Statewide City Employees Retirement System, has heretofore accumulated a certain sum of money in the form of released matching funds with said Retirement System, and, WHEREAS, the accumulated fund is in excess of the amount required to cover any contingencies or additional expenses, and, WHEREAS, it was contemplated by the City of Renton at the time of adoption of its annual budget for the year 1958 that said released matching funds be applied on and used to pay the City of Renton's share of pension costs: now, therefore, BE IT RESOLVED BY THE MAYOR AND THE CITY COUNCIL OF THE CITY OF RENTON, AS FOLLOWS- 1. OLLOWS: 1. That the City Clerk be authorized and directed to do all things necessary to have said released matching funds applied on and credited toward the City of Renton's share of costs and prior service as incurred by the City for the year 1958. 2. The City Clerk is further authorized and directed to forward a copy of this Resolution to the Statewide City Employees Retirement System for its attention. PASSED BY THE CITY COUNCIL this day of �� 1958. Elton L. Alexander, City Clerk APPROVED BY THE MAYOR this y!!?- day of )#W;6& , 1958. Joe R. Baxter, Mayor APPROVED AS TO FORM: Gerard M. Shellan, City Attorney STATEWIDE CITY EMPLOYEES RETIREMENT SYSTEM P. Oo Box 1535 Tacoma 1, Washington February 28, 1958 TO Alfred Simonson, City Comptroller, OPERATING EXPENSE Charges for 1957 Renton, Washington Advance for 1958 Charge for 1957 Expense: Pr6 Rata Charge New Members Less Amount Advanced for 1957 Amount Over for 1957 Advance for 1958 Pro Rata Charge New Members TOTAL AMOUNT DUE 104 accounts @ $9.41 25 2.80 110 accounts @ $10.00 15 2.80 INVOICE $ 978. $ 1,100.00 $1,048.64 1.486.00 437.36) 1,142.00 $ 704.64