Loading...
HomeMy WebLinkAbout007 - 05/23/1938 - CREATING AND ESTABLISHING A BOARD OF TRUSTEES OF THE POLICEMEN'S PENSION FUND (EMERGENCY ORDINANCE) ORDINANCE NO. Z , 1938, CREATING AND ESTABLISHING A BOARID OF TRUSTEES OF THE POLICE- IMN'S PENSION FUND, DEFINING ITS DUTIES AND POWERS, AUTHORIZING THE ADOPTION OF RULES AND REGUL4TIONS FOR THE Z,%NAGEu3IvT AND DISCHARGE OF ITS DUTIES, MKING ITS ACTIONS FINAL AND CONCLU- SIVE AND DECLARING AN EMERGENCY. VOIEREAS, the City of Fort Collins maintains a regularly organized and paid Police Department , employing full time paid policemen and by virtue thereof is entitled to the benefits of the policemen' s pension fund as provided by law. THEREFORE, BE IT ORDAINED BY THE CITY COUIMIL OF THE CITY OF FORT COLLINS: Section 1. There is hereby created and established s a Board of Trustees of the policemen' s pension fund of the City of Fort Collins and said Board shall consist of the Commissioner of Safety and Ex-Officio MLyor, the Commissioner of Finance and Ex-Officio City Treasurer, the City Clerk and one member of the Police Department , who shall be elected by that Department , and said Trustees shall elect from their number a President and Secretary; said Trustees shall serve without pay. Section 2. The Board of Trustees shall control, manage , administer and apply the policemen' s pension fund in accordance with the Laws of the State of Colorado, Ordinances of the City of Fort Collins and the rules and regulations adopted by it. Section 3. The Commissioner of Finance and Ex-Officio City Treasurer is hereby made the custodian of all the pension funds and the moneys belonging thereto, he shall be liable on his bond as such Commissioner of Finance -1 and $x-Officio City Treasurer for the faithful performance of all the duties imposed upon him under this Ordinance , the laws of the State of Colorado in relation to the policemen' s pension fund and the rules and regulations of the Board of Trustees, and for the faithful accounting of all moneys and securities which may come into his hands belonging thereto, and he shall keep a separate account thereof, which shall at all times show the true condition of such fund and upon the expiration of his term of office he shall surrender and deliver to his successor all bonds and all unexpended moneys or other property which may have come into his hands as Treasurer of said fund. Section 4. Immediately upon the adoption of this Ordinance, the Board of Trustees shall meet and organize and adopt all necessary rules and regulations for the managing and discharge of its duties, not inconsistent with the laws of the State of Colorado. Section 5. The Board of Trustees shall hear and decide all applicatiorisfor relief or pensions and its action on such applications shall be final and conclusive, except that when in Its opinion justice demands that said action should be reconsidered, the same may be reversed by said Board and a record of said action and all other matters coming properly before said Board shall be kept and preserved. Section 6. In the opinion of the City Council an emergency exists for the preservation of the public health, peace and safety, and this Ordinance shall take effect upon its passage under and by virtue of the authority contained in Sections 6 and 7 of Article IV of the City Charter. -2- Introduced , read at length and adopted by the unanimous vote of all members of the City Council, at a regular adjourned meeting, held this Ord day of mny , A. D. 1938. CorzaisatZr o ety -and Ex-of fic io Attest; Pray Ulty Cierk. STATE OF COLORADO, ) as. County of Itirimer . I, LaLES F. riOUSE, City Clerk of the City of Fort Collins, do hereby certify and declare that the foregoing Ordinance , consisting of six (6) sections, was duly proposed and read at length at a regular adjourned meeting of the City Council, held on the 23rd day of May , A. D. 1938) and was duly adopted and ordered published in the ISountain and Plains Weekly, a weekly newspaper and an official newspaper of the City of Fort Collins , by the unanimous vote of all members of the City Council, as an emergency ordinance , in accordance with the provisions of Sections 6 and 7 of >rticle IV of the City Charter and thereafter and on to-wit : the 27th day of May , A. D. 1938, said Ordinance No. 7 , 1938, was duly published in the Mountain and Plains Weekly, a weekly newspaper published in the City of Fort Collins , Colorado. IN WITNESS' WHEREOF, I have hereunto set my hand and affixed the seal of said City, this 27th day of May A. D. 1938. City Clerk.