HomeMy Public PortalAbout1984-10-30 Budget Hearingpoles; fountains surrounding the Village entrance signs; painted light poles
and traffic signals with louvers. The council further discussed upgrading
the landscape on the east side of Collins Avenue in front of the older
buildings. Mr. Maley said he would have a cost proposal at the next meet-
ing.
Mr. Gold read
RESOLUTION NO. 291
expressing the council's intent to amend the Resort Tax ordinance and
specifically allocate additional monies if the referendum is successful.
On motion of Mr. Taplin, seconded by Mrs. Antiles and voted the Resolution
was passed.
Mr. Kelly, Finance Director, reviewed for the council the pre -
audited figures for the close of the fiscal year. It was noted that the
village is in a strong financial position.
Mr. Maley explained to the council the difficulty in finding com-
panies to bid the employee's hospitalization insurance. He said we are
trying to get back into the State League of Cities Health Insurance Trust,
which we feel is the best package for the money. Mr. Maley mentioned that
Bay Harbor Islands pays for the part of the employee's dependent coverage
and that he would report at the next meeting.
On motion of Mr. McKeehan, seconded by Mr. Taplin and voted the meeting
was adjourned at 11:45 A.M.
Attest:
.".- _
Village Clerk
BUDGET HEARING
October 30, 1984
October 30, 1984
In order to fully comply with the State of Florida provisions for
advertising Budget Hearings, the Council met 5:05 P.M. Tuesday, October 30
1984.
Present: Mrs. Antiles, and Messrs. Laikin, McKeehan, Sherman and Taplin
Also present were Fred W. Maley, Village Manager and Mary T. Wetterer,
Village Clerk.
The Village Clerk explained that the Notice in the Miami Herald, publishing
the Budget Hearing, had been placed in the "legal section" of the newspaper,
in error. They must be placed in a general readership section. The Ordinances
to adopt the budgets for the General Fund, Tourism Department, Water Department
and Sewer Department were presented. As there were no comments from anyone in
the audience, on motion of Mrs. Antiles, seconded by Mr. McKeehan, and voted the
ordinances were readopted. On motion of Mr. Taplin, seconded by Mrs. Antiles and
voted the Resolution setting the 1985 tax millage at 3.78 mills was readopted.
October 30, 1984
On motion of Mr. Laikin, seconded by Mrs. Antiles and voted
the meeting was adjourned at 5:10 P.M.
Attest:
Village Clerk
October 30, 1984
COUNCIL MINUTES
November 27, 1984
The Council of Ba1 Harbour Village met Tuesday, November 27, 1984 at
9:30 A.M. in the Village Hall.
Present: Mrs. Antiles and Messrs. Laikin, McKeehan and Sherman
Absent: Mr. Taplin
Also present were Fred Maley, Village Manager; Mary Wetterer, Village
Clerk; and Alan Gold, Village Attorney.
On motion of Mrs. Antiles, seconded by Mr. McKeehan and voted the
minutes of October 30, 1984 were approved as submitted.
Mayor Sherman said that the Council, as the Retirement Plan Committee
had instructed our acturaries, Kruse, O'Connor and Ling to prepare guide-
lines for lump sum payments in the future. Mr. Rizzo said they still rec-
ommend some limitations on lump sum distributions. One method would be to
refund the employee's contribution, plus interest. Mr. Maley asked why his
firm opposes the lump sum benefits as the employee has five options under the
plan, all of which are equal. Mr Rizzo said that Mr. Gold's legal opinion has
outside parameters, that the plan provides a pension for life and that lump
sums could change the nature of the plan. He stated that for the Council to
decide who could have a lump sum would put them in an awkward position. Mr.
Sherman said that our counsel recommends that the actuarial consultant
prepare guidelines for the Manager and employee's to discuss. Mr. Gold
said that we also need the opinion of the Trustees. Also mentioned was limit-
ing lump sums paid in one year and possibly staggering payments. Sgt. Baquero,
speaking for the members of the PBA said their contract does not permit the
council to take away any benefits, and that the lumps sum benefit has always
been one of the reasons officers stay in Bal Harbour. Mr. Gold stated
that he looked into the lump sum question and that the council is not ob-
ligated. He is concerned about documentation distributed in the past. The
annual certificates give the impression that the employee has a right to a
lump sum. He mentioned that the council has a responsibility to protect
the corpus of the trust and also has a responsibility to the participants.
It would not be inconsistant to allow what has been, to be put in the plan.
He said no action should be taken until the principals have been outlined
November 27, 1984