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HomeMy WebLinkAbout4.i. Payment to Fire Relief Assocation CITY OF ROSEMOONT EXECUTIVE SUMM�RY FOR ACTION CITY COUNCIL MEETING DATE: AUGUST 16, 1994 AGENDA ITEM: PAYMENT TO FIRE RELIEF AGENDA SECTION: CONSENT ASSOCIATION FOR PENSION PLAN PREPARED BY: SUSAN M. WALSH AGENDA ��.���� � ADMINISTRATIVE ASSISTANT ,�,- ATTACHMENT3: NONE APPROVED BY: Each year the Fire Relief Association funds its retirement program through state aid payments, investment returns and city contribution. For 1994, $26,000 was budgeted for the city's contribution. The City pays the first half payment when it receives its May tax settlement from the County around the end of July. This payment has been budgeted, and I recommend approval. RECOMMENDED ACTION: MOTION TO APPROVE PAYMENT IN THE AMOUNT OF 13,000 TO THE ROSEMOUNT FIREFIGHTER'S RELIFE ASSOCIATION FROM ACCOUNT NUMBER 101-41810-01-319. ACTION TAREN: