CCP 04-24-2012 - Laserfiche WebLink

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April 10, 2012 Page 4 of 5 Director Jacobson clarified the lump sum structure; noting that after the age of 50 retirees can collect their lump sum payout. Deputy Director Paetznick reported that all firefighters are considered as a liability, even those who are not vested. Mayor Jacobsen addressed the financial impact of the fund if multiple firefighters retired, reporting that being fully funded, the fund could meet the demands. Councilmember Burg expressed her gratitude to both Director Jacobson and Deputy Director Paetznick, and requested they elaborate on the daytime response. Deputy Director Paetznick explained that the dual personnel works very well, especially during the daytime hours. City Manager Lotter explained that the lump sum structure is more appropriate for the City, allowing more predictability. It was stated that this is Councilmember Burg questioned if there is an impact on residents homeowners insurance. City Manager Lotter reported that the City's ISO rating has been very favorable, and benefits are already being realized on residential properties. It was reported that businesses may benefit however. Motion by Councilmember Samuelson seconded by Councilmember Jacobsen to approve the Resolution to authorize an amendment to the New Brighton Firefighters' Relief Association Bylaws to Increase the Pension Benefit Level for Firefighters by$100 to$5,700 per year of service for 2012 effective 11 April 2012. 4 Ayes,1 Nays-Motion Carried Ayes:Mayor Jacobsen,Councilmembers Burg,Jacobsen and Samuelson Nays: Councilmember Bauman Commission Liaison Commission Liaison Reports,Announcements and Updates Reports, Announcements and Updates Dean Lotter City Manager Lotter reminded councilmembers that the League of Minnesota Cities conference will be in Duluth this summer. Director Jacobson and Deputy Director Paetznick will be presenting at a mini session at the conference. The Rotary will be hosting a Gold Plate Dinner on May 4th, at the Mermaid. The upcoming council meeting will include a presentation from the City's IT Department explaining some of the capital planning ideas at use. New Brighton is the third largest revenue contributor to the Twin Cities Gateway Visitor's Bureau; this allows an employee from the Hilton Homewood Suites to sit on the Board of Directors, along with Manager Lotter. The Executive Director of the Board will be coming to give an update to the council. Gina Bauman Councilmember Bauman reported that the Planning Commission met in a worksesssion to review the open meeting law requirements. The cable commission will be holding a 1/2 day strategic planning retreat. Interested applicants were reminded to submit the scholarship application by the April 13th deadline. CTV Will host an award ceremony on April 18th Councilmember Jacobsen agreed to attend the Planning Commission on her behalf. The PREC meetings are now being video recorded and broadcast by CTV.