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Ordinance 1460 ORDINANCE NO. 1460 AN ORDINANCE AMENDING CHAPTER 21 ARTICLE III, SECTION 2.42 (b) , OF "THE CODE OF THE CITY OF MIAMI BEACH, 1950. " BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF MIAMI BEACH, FLORIDA: SECTION 1: That Chapter 2, Article III, Sections 2.42 (b) of "The Code of the City of Miami Beach, Florida, 1950" be and the same is hereby amended to read as follows : `ab. CITY. The contribution of the City on behalf of the members shall be one-half(2) of the cost of the benefits provided for in the agreements as such costs are determined by the Board, but not to exceed Twenty-six Dollars ($26.00) per year for an agreement covering a member only, nor to exceed Eighty-seven Dollars ($87.00) per year for agreements covering a member and his family. The City shall continue to contribute at the same rate for members who are absent on authorized leave, sickness or military service; and shall contribute at the same rate on behalffof retirants who elect to continue their agreements, and pensioners who elect to become members of the Plan. The Board shall ascertain annually the total amount of contribution to be raade by the City on behalf of members of this Plan, and shall certify such amount together with an estimate of administrative costs, to the City Manager for his review, recommendations, and submission to the City Council for their approval and inclusion in the annual budget. " SECTION 2 : All ordinances or parts of ordinances in conflict herewith are hereby repealed. SECTION 3 : This ordinance shall be effective October 1, 1962. PASSED and ADOPTED this 3rd day of October, 1962. r' Mayor ATT City V6rk lst reading - September 26, 1962 2nd reading - September 26, 1962 3rd reading - October 3, 1962 Posted - October 3, 1962 STATE OF FLORIDA COUNTY OF DADE,. I, R. WA. L. JOHNSON, City Clerk in and for the City of kliami Beach, Florida, do hereby certify that Orli nance No. 1460 entitled AN ORDINANCE AMENDING CHAPTER 21 ARTICLE III., SECTION 2.42 (b) , OF "THE CODE OF THE CITY OF MIAMI BEACH, 1950. 1t having been passed and arEopted by the City Council of the City of Miami Beach, Florida, has been posted by me in three conspicuous places in the City of idiami Beach, one of which was at the door of the City Hall in said City on -the 3rd. day of October., 1962 and that said ordinance remained posted for a period of at least thirty days in accordance with the requirements of the City Charter of the said City of Miami Beach. IN WITNESS WHEREOF I have hereunto set -my hand and City affixed the official seal of the C_L of Miami Beach, Florida, on this the 7th da,;, of November, 1962. Clty,perk O /n ctM• O H O O ED ct A) N N• N Ct F,- 0