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HomeMy WebLinkAboutMO # 831MUNICIPAL ORDER NO.I A MUNICIPAL ORDER AUTHORIZING AND DIRECTING THE FINANCE DIRECTOR TO TRANSFER THE SUM OF $226,000 TO DEPARTMENTAL WAGE ACCOUNTS FOR PURCHASE OF RETIREMENT TIME } FOR CITY EMPLOYEES WHO DID NOT RECEIVE RETIREMENT CREDIT FOR THEIR FIRST SIX MONTHS OF WORK WITH THE CITY BE IT ORDERED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. The Finance Director is hereby authorized and directed to transfer the sum of $226,000 from the Commission Contingency Fund to Departmental Wage Accounts for the purchase of retirement time for City employees who did no receive retirement crochet for their first six months of work with the City. This procedure is authorized by Ordinance No. 99-6-6058, adopted by the Board of Commissioners on June 29, 1999. SECTION 2. This Order shall be in full force and effect from and after the date of its adoption. ATTEST: y� City Clerk Adopted by the Board of Commissioners January 25, 2000 Recorded by Lenita Smith, City Clerk, January 25, 2000 mo/tramf$ MaKor