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Ord 82-90 12/6/1990 ORDINANCE NO. P—k AN ORDINANCE AUTHORIZING AND ALLOWING, UNDER THE ACT GOVERNING THE TEXAS MUNICIPAL RETIREMENT SYSTEM, "UPDATED SERVICE CREDITS" IN SAID SYSTEM FOR SERVICE PERFORMED BY QUALIFYING MEMBERS OF SUCH SYSTEM WHO PRESENTLY ARE IN THE EMPLOYMENT OF THE CITY OF WICHITA FALLS; PROVIDING FOR INCREASED PRIOR AND CURRENT SERVICE ANNUITIES FOR RETIREES AND BENEFICIARIES OF DECEASED RETIREES OF THE CITY; AND ESTABLISHING AN EFFECTIVE DATE FOR SUCH ACTIONS. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY WICHITA FALLS, TEXAS: Section 1. Authorization of Updated Service Credits. (a ) On the terms and conditions set out in Sections 853 . 401 through 853 . 403 of Subtitle G of Title 8 , V.T.C.A. , Government Code, as amended, each member of the Texas Municipal Retirement System who has current service credit or prior service credit in said System in force and effect on the 1st day of January, 1990 , by reason of service in the employment of the City of Wichita Falls , and on such date has at least 36 months of credited service with said system, shall be and is hereby allowed "Updated Service Credit" (as that term is defined in subsection (d) of Section 853 . 402 of said title ) in an amount that is 50% of the "base Updated Service Credit" of the member (calculated as provided in subsection (c) of Section 853 . 402 of said title ) . The Updated Service Credit hereby allowed shall replace any Updated Service Credit, prior service credit, special prior service credit, or antecedent service credit previously authorized for part of the same service. (b) On the terms and conditions set out in Section 853 . 601 of said title, any member of the Texas Municipal Retirement System who is eligible for Updated Service Credits on the basis of service with this City, and who has unforfeited credit for prior service and/or current service with another participating municipality or municipalities by reason of previous service , and was a contributing member on January 1 , 1990 , shall be credited with Updated Service Credits pursuant to, calculated in accordance with, and subject to adjustment as set forth in said 853 . 601 . (c) In accordance with the provisions of subsection (d) of Section 853 . 401 of said title, the deposits required to be made to the Texas Municipal Retirement System by employees of the several participating departments on account of current . service shall be calculated from and after the date aforesaid on the full amount of such person' s earnings as an employee of the City. Page 2 of 3 Section 2. Increase in Retirement Annuities. (a) On terms and conditions set out in Section 854 . 203 of Subtitle G of Title 8 , V.T.C.A. , Government Code, as amended, the City of Wichita Falls hereby elects to allow and to provide for payment of the increases below stated in monthly benefits payable by the Texas Municipal Retirement System to retired employees and to beneficiaries of deceased employees of this City under current service annuities and prior service annuities arising from service by such employees to this City. An annuity increased under this Section replaces any annuity or increased annuity previously granted to the same person. (b) The amount of annuity increase under this Section is computed as the sum of the prior and current service annuities on the effective date of retirement of the person on whose service the annuities are based, multiplied by 30% of the percentage change in Consumer Price Index for All Urban Consumers, from December of the year immediately preceding the effective date of the person ' s retirement to the December that is 13 months before the effective date of this ordinance. (c) An increase in an annuity that was reduced because of an option selection is reducible in the same proportion and in the same manner that the original annuity was reduced. (d) If a computation hereunder does not result in an increase in the amount of an annuity, the amount of the annuity will not be changed hereby. (e ) The amount by which an increase under this Section exceeds all previously granted increases to an annuitant is an obligation of this City and of its account in the municipality accumulation fund of the Texas Municipal Retirement System. Section 3. Effective Date. Subject to approval by the Board of Trustees of Texas Municipal Retirement System, the updated service credits and increases in retirement annuities granted hereby shall be and become effective on the 1st day of January, 1991 . Passed and approved this the 6th day of December, 1990 . ATTEST: APPROVED: :1"/'111149H 46W4/// Ci y Clerk yor Page 3 of 3 Ad 397419 Affidavit of ublicatio 1 ORDINANCE NO.81-90 ' AN ORDINANCE AMENDING • CERTAIN SECTIONS OF AMIN- THE STATE OF TEXAS DIX C, COD!OF ORDINANCES (ZONING ORDINANCE), COUi�)TY OF WICHITA WICHITA FALLS,TEXAS. ORDINANCE NO.82-90 I AN ORDINANCE AUTHORIZING ���y AND ALLOWING, UNDER THE ere) ACT GOVERNING THE TEXAS 1Otll df January a MUNICIPAL RETIREMENT SYS- On this day of TIM, "UPDATED SERVICE CREDITS"IN SAID SYSTEM FOR 1991 SERVICE PERFORMED BY QUAL- FIING MINIM OF SUCH SYS- A.D. personally appeared before me, the undersigned authority TEM WHO PRESENTLY ARE IN THE EMPLOYMENT OF THE CITY Da r i ce Ming bookkeeper OF WICHITA FALLS;PROVIDING FOR INCREASED PRIOR AND CURRENT SERVICE ANNUTIES for the Times Publishing Company of Wichita Falls, publishers of the Wichita Falls FOR RETIREES AND BENEFICIARIES OF DECEASED RETIREES OF THE QTY;AND ES- Times/Record News, a newspaper published at Wichita Falls in Wichita County, TABLISHING AN EFFECTIVE DATE FOR SUCH ACTIONS. Texas, and upon being duly sworn by me, on oath states that the attached ORDINANCE NO.83-90 ORDINANCE WAIVING APPEN- advertisement is a true and correct copy of advertising published DIX A,SUBDIVISIONS SECTION 9(B) (2)(o)OF THE CODE OF in two (2) issues thereof on the following dates: ORDINANCES WITH RESPECT TO PLACING CURS AND GUTTER ON STAR AVENUE, LOT 1, BLOCK 89,EAST SIDE GARDENS December 287 1990 January a, 1991 ADDITION. ORDINANCE NO.84-90 \. _ ( ���— -� ORDINANCE AMENDING AN } ,'� , ORDINANCE AUTHORIZING THE �`��\`s<�+ I��k` ,S 1 �,, , � ISSUANCE AND SALE OF CITY WATER• WICHITA FALLS, W E TEXAS Bookkeeper for Times Publishing Company 1 WATER AND SEWER ..1 SUBORDINATE UEN REVENUE BONDS,SERIES 1990-A;QTY OF of Wichita Falls WICHITA FALLS, TEXAS WATER AND SEWER SUBORDINATE URN REVENUE ROODS,SERIES 199'0- IBA L) Subscribed and sworn to before me this the day and year first above written. B;AND QTY OF WICHITA FALLS, TEXAS WATER AND SEWER BONDS,SERIES USN 90 REVENUE BONDS;SERIES 1940-C;THE EX- ECUTION OF A PAYING >:. ,r' � AGENT/REGISTRAR AGREE- e, o MINT; AND AUTHORIZING OTHER MATTERS RELATED THERETO. ORDINANCE N0.85-90 •. ORDINANCE APPROPRIATING ,r,ge $3,000,000.00 IN INTEREST ` -' MONIES FROM THE HOWDAY •• CREEK FUNDS FOR THE - ; PURPOSE OF COMPUTING THE . HOWDAY CREEK PROJECT. ORDINANCE NO.86-90 _ ORDINANCE AMENDING ORDI- - - NANCE 26-37 ESTABLISHING FINES AND FEES CHARGED AT THE KEMP PUBLIC LIBRARY. ORDINANCE NO.87-90 ORDINANCE WAIVING APPEN- DIX A, SUBDIVISIONS SECTION • 9(B)(2)(a)Of THE CODE Of ORDINANCES WITH RESPECT TO PLACING CURB AND GUTTER ON FRANKLIN AND DENISON STREETS, LOT 6-A, BLOCK 7, BARWISE & JALONICK AD- DITION. ORDINANCE NO.88-90 AN ORDINANCE DESIGNATING _ THE UWS MORGAN HOUSE AT 1808 ELIZABETH AVENUE, • WICHITA FALLS, TEXAS, AS A LOCAL LANDMARK AND PROVIDING FOR TAX FREEZE FOR HISTORIC PRESERVATION. . • ORDINANCE NO.89-90 ORDINANCE MAKING AN AP- PROPRIATION FROM GENERAL FUND EQUITY IN THE AMOUNT OF$433,000.00 FOR VARIOUS CAPITAL IMPROVEMENT PRO- JECTS.