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RESOLUTION No. <br />10 - <br />STATE OF MINNESOTA <br />COUNTY OF RAMSEY <br />CITY OF NEW BRIGHTON <br />RESOLUTION Authorizing an Amendment to the Retirement Benefit Level for the New Brighton <br />Firefighters' Relief Association Bylaws <br />WHEREAS, THE CITY OF NEW BRIGHTON AND THE NEW BRIGHTON FIREFIGHTERS' RELIEF ASSOCIATION <br />HAVE HAD DISCUSSIONS ON AN ANNUAL BASIS REGARDING FIREFIGHTER PENSION BENEFITS; <br />WHEREAS, THE CITY OF NEW BRIGHTON AND THE NEW BRIGHTON FIREFIGHTERS' RELIEF ASSOCIATON <br />HAVE DETERMINED THAT THE FUNDING LEVEL SHOULD REMAIN AT A MININUM OF $5%; <br />WHEREAS, THE FIREFIGHTER'S RELIEF ASSOCIATION IS FUNDED AT 93% FOR 2009 AND WITH A BENEFIT <br />INCREASE OF $100 TO $5,400 PER YEAR OF SERVICE IS PROJECTED TO REMAIN ABOVE $5%; <br />WHEREAS, THE CITY MANAGER AND THE FIREFIGHTERS' RELIEF ASSOCIATION HAVE AGREED UPON AN <br />INCREASE TO $5,400 PER YEAR OF SERVICE; <br />NOW THEREFORE BE IT RESOLVED, THE CITY COUNCIL DETERMINES THAT THE RETIREMENT BENEFIT <br />LEVELS FOR FIREFIGHTERS' RELIEF ASSOCIATON BYLAWS BE AMENDED TO $5,400 PER YEAR OF <br />SERVICE FOR 2010. <br />Adopted this 27th day of July 2010 <br />Dave Jacobsen, Mayor <br />Dean R. Lotter, City Manager <br />ATTEST: <br />Daniel A. Maiers, <br />Director of Finance and Support <br />Services/City Clerk <br />(SEAL) <br />