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ORDINANCE NO. 78-12-1656
AN .ORDINANCE AMENDING SECTION 10-73, CONTROL AND MANAGEMENT;
OF CHAPTER 100F THE CODE_ OF_ ORDINANCES OF, THE CITY OF PADUCAH, KENTUCKY
BE IT ORDAINED BY THE. BOARD OF COMMISSIONERS OF THE CITY. OF
PADUCAH.,_ KENTUCKY:.
SECTION 1. That Section 10-73, Control and Management;_ _membership,
of Board of Trustees of Article IV,
Pension Fund,
of Chapter, 10 of the Code
of
Ordinances_ of the City of Paducah,
Kentucky, be
amended and reordained so
that,
said section shall hereinafter .read .as follows:
"The board of trustees of the appointive employees' pension fund shall
have exclusive control and management of the pension fund and of all moneys donated
or paid for the relief or pensioning of employees. . The membership of such board
shall consist of the mayor, who shall act as chairman of the_ board, the city manager.,
and not less than two (2), employees who shall be elected by the remaining eligible
employees for a five (5) year term. In the event of a vacancy in the term of any
elective member, the remaining voting members of the board, shall by majority vote,
appoint a successor to ,serve the remainder of the term".
SECTION 2. This ordinance shall be in full force and effect from and
after the date of its adoption.
Mayor
Passed by, the Board of Commissioners December 12, 1978
Recorded by Louise McKinney, City Clerk, , December 12, 1978. .