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144-2000 LTCCITY OF MIAMI BEACH CITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH, FLORIDA 33139 http:\~i,miarni*beach.~,us L.T.C. No. 144-2000 LETTER TO COMMISSION July 26, 2000 TO: Mayor Neisen O. Kasdin and Members of the City Commission FROM: Lawrence A. Levy ~ City Mana er; SUBJECT: BUDGE~VISORY COMMITTEE MOTIONS The following motion was unanimously approved by the BAC at their meeting of July 25, 2000: Motion #1 Made By: Stuart Sisisky Motion Seconded By: David HeIler Motion Text: Regarding the proposed amendment to Ordinance No. 1901 Retirement System for General Employees going before the City of Miami Beach Commission on July 26, 2000 as item R5G, the Budget Advisory Committee makes the following recommendation. We stro~ngly recommend action should be deferred until the full long term impact to the City of implementation by the General Employees Pension System as well as the remaining pension plans can be determined. CC: Executive Staff OMB Staff