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Ord 158-83 12/3/1983 ORDINANCE NO. !V - p�' ORDINANCE PERMITTING WICHITA FALLS FIREFIGHTERS WHO ARE MEMBERS OF THE WICHITA FALLS FIREMEN' S RELIEF AND RETIREMENT FUND TO DEFER FEDERAL INCOME TAXES ON THEIR MONTHLY CONTRIBUTIONS TO THE PENSION FUND FROM THE TIME CONTRIBUTIONS ARE MADE TO THE LATER TIME BENEFITS ARE RECEIVED FROM THE FUND . WHEREAS, the City Council of the City of Wichita Falls recog- nizes the desirability of enabling its firefighters to defer payment of a part of their federal income taxes; and, WHEREAS, the State Firemen' s Relief and Retirement Law in H.B. 1679 by Salinas was amended by the 1983 Session of the Texas Legis- lature to permit firefighters to defer payment of federal income taxes on their monthly contributions to the pension fund; and, WHEREAS, the firefighters elected this income tax deferral option by a majority of the one hundred forty-five (145) participating members of the fund, voting by secret ballot, on October 24 , 25 and 26 , 1983 . One hundred twenty-six (126) voted in favor of income tax deferral and seven (7) voted against this change. The one hundred- twenty-six (126) voting in favor constitute a majority of the one hundred forty-five (145) participating members of the fund; and, WHEREAS, the Board of Trustees of the pension fund is seeking an Internal Revenue Service determination that the firefighter' s pension plan is a qualified retirement plan under Section 401 (a) , Federal Internal Revenue Code, and its related trust is tax exempt under Section 501 (a) , Federal Internal Revenue Code. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF WICHITA FALLS , TEXAS, THAT: An ordinance permitting firefighters to defer federal income taxes under the terms of Section 10F (a) and Section 10F (b) of the State Firemen' s Relief and Retirement Law is hereby established, subject to a favorable determination by the Internal Revenue Service that the firefighter ' s pension plan is a qualified retirement plan . PASSED AND APPROVED this the 6th day of December, 1983 . .Z/ --. ----- . 7 A Y O R ATTEST: �Z6 1 lCe._ / City Clerk Affidavit of Publication THE STATE OF TEXAS COUNTY OF WICHITA (Paste Clipping Here) On this . 1 5 day of , nerPmhPr A.D. 1983« personally appeared before me, the undersigned authority Toni Belvedere , bookkeeper for the Times Publishing Company of Wichita Falls, publishers of the Wichita Falls Record News, a newspaper published at Wichita Falls in Wichita County, Texas, and upon being duly sworn by me, on oath states that the attached,advertisement is a true and correct copy of advertising published in ONE(ID issues thereof on the following dates: I WAIVER OF SECTION 4-24 Dec. 14 • •'OF THE CODE OF ORDI- NANCES FOR PROPERTY AT SOUTHEAST CORNER OF ORDINANCE NO. 148-83 BROAD AND 14TH STREETS, II • AN ORDINANCE CLOSING, CONCERNING MEASURE- VACATING,AND ABANDON- MENT FROM SCHOOL TO Bookkeeper for Times Publishing Company ING A TWENTY-FIVE (25) PLACE WHERE ALCOHOLIC FOOT WIDE ALLEY I N BEVERAGES ARE SOLD. Of Wichita Falls BLOCK 155 OF ORIGINAL ORDINANCE NO. 157-83 TOWNSITE, AN ADDITION AN ORDINANCE WAIVING TO THE CITY OF WICHITA SECTION 9(L)(4) FRON- 'scribed and sworn to before me this the day and year first above FALLS,TEXAS. TAGE, OF APPENDIX A OF ORDINANCE NO. 149-83 THE CODE OF ORDINANCES AN ORDINANCE CLOSING, (COMPREHENSIVE SUB- VACATING,AND ABANDON- DIVISION ORD. NO.2118)C)- ING A FIFTEEN (15) FOOT TY OF WICHITA FALLS, WIDE UTILITY EASEMENT TEXAS FOR LOT 4-D,PARK- �f � 1411-A-Z IN LOT 1, BLOCK 20, MID- WAY ADDITION. • WESTERN PARK,AN ADDI- ORDINANCE NO. 158-83 TION TO THE CITY OF ORDINANCE PERMITTING WICHITA FALLS,TEXAS. WICHITA FALLS FIREFIGH- ORDINANCE NO. 150-83 TERS WHO ARE MEMBERS ORDINANCE AMENDING OF THE WICHITA FALLS SECTION 7-15 OF THE CODE FIREMEN'S RELIEF AND I 0"7,,,'`a,,, OF ORDINANCES ADDING RETIREMENT FUND TO DE- r�<P ti)"%