HomeMy WebLinkAbout1998-10-26 98-425 RESOLVECOUNCIL ACTION --
ItemN90 a-425
Date; 10-26-98
IteauSubjeet: RESOLVE: Appropriating the Balance of the Bangor Fhemen's Relief Fund and
Closing Out the I'and
Responsible DepmlmenC Finance
Commentary:
When this Trust Fund was establish, the City wes not able m insure its employees against accidents and
injuries. With the advent ofWorkers' Compensmion, the need for this fwd has ceased. The City provides
1001/6 of wages and covers medical and related costs for firefighters who are injured in the waree of their
duties. The vansfer of the Trust's balance to the Workers'CornpmsaLion Division complies with the
intent of the Trust. The balance ofprincipal and interest acwwtsf the fund approximate S18,7W
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Associated Informarion:
Budget Approval:
FinwceDirector
Legal Approval:
2 Aq Solicitor
Introdneed
for
_Passage
i Fust Reading Page—of_
i Referral Finance Committee, Nov. 2,1998 at 5:00 pm
98-425
AS ABERDED
_ CITY OF BANGOR
(TITLE.) �IWIVC . .......... wawiatbg.me�.e.tamw atba mmwu�...._...
By 4M Cita Council of W Cary ofBasyar:
RESOLVED.
WHEREAS, the Bangor Firemen's Relief Fund was esmblished in March of 1885; and
WHEREAS, the Fund's purpose was to provide aidto firemen who were injured or disabled in
the performance of their duties; and
WHEREAS, do City now provides Workers'Compensation benefits to all firefighters thereby
rendering the Fond unnecessary;
NOW, THEREFORE, BE ff RESOLVED BY THE C= OF BANGOR, THAT: the interest account
balance of the Bangor Firemen's Relief Fund be appropriated to the Workers'
Compensation Division; and
BE rp FURTHER RESOLVED, THAT: the City Solicitor is authorized a bring action in Probate
Court to seek approval of similar aeries in regard m the principal aceouat of this
Fund.
nssigneci to tailor Crowley 0.tnber 26, 1996
CITY OF BANGOR
Approprlefiug the Bdanee of the Bangor Firemen's Relief Fund and
mTLEJPOVIVee..... ._... _.... _.... _...... _.._.._.._..... _........ .... ...... .............. _...._........_...._.
Closing Out the F and
By Lis City CWMYI of the City of BMW.,
RESOLV&D.
WHEREAS, the Bangor Firemen's Relief Food was established in Mach of t885;and
WHEREAS, the Fmd's purpose ores to provide and to firemen who were injured or disabled in
the performance of thein duties; and
WHEREAS, the City now provides Workers' Compensation benefits to all f rcfighters thereby
rendering the Food unnecessary;
NOW, THEREFORE, BE IT RESOLVED BY THE CITY OF BANGOR, THAT: the balance of
both the principal and interest armunts of the Bangor Firemen's Relief Fund be
appropriated to the Workers' Compensation Division; and
BEIT Fl1RTURRRESOLVED,THAT: the Bangor Fireman's Relief Fund is hereby closed.
IN CITY COUNCIL
October 26, 1998
First Reading
Referred to Finance Coamlttee
ITV E la'IA
IN CITY COUNCIL
November 9, 1998
Nation to Amend by Substitution
.Made and Seconded Notion to Pass
As Am¢nded by Substitution Made
and seconded
PassedAsAmended by Substitution
CITY CI.ERR
98-425
R E S O L V E
Appropriating the Balance of the Ban -
or P1 a R[e�lief bund and Closing the
Fund 4Ypr (/crJ,(ry