[HISTORY: Adopted by the Board of Trustees of the Village
of Dundee 2-14-2006 by Res. No. 2006-3. Amendments noted where applicable.]
GENERAL REFERENCES
Ambulance service — See Ch. 4.
The Village Board of Trustees hereby agrees to establish a service
award program for volunteer members of the Dundee Fire Department/Dundee
Ambulance Squad as of June 1, 2006.
The program shall consist of a defined benefit plan with investment
and administrative services to be provided by VFIS.
The Village Clerk/Treasurer be and hereby is authorized to take
all actions necessary to lawfully submit this resolution for the approval
or disapproval of the qualified electors of the Village of Dundee
at a general election to be held in the Village of Dundee on the 21st
day of March 2006 between the hours of 12:00 noon and 9:00 p.m.[1]
[1]
Editor's Note: The service award program was approved
by voters at the 3-21-2006 referendum.
The proposition to be voted upon shall read as follows:
Shall the qualified electors of the Village of Dundee approve
the resolution adopted by the Village Board of Trustees on the 14th
day of February 2006 to establish a service award program for members
of the Dundee Fire Department/Dundee Ambulance Squad as of June 01,
2006?
|
YES
|
NO
| ||
|
Such program would consist of a defined benefit plan as a service
award which could be established for an annual estimated cost of $1,327.67
per participant; with a total annual estimated program cost of $77,005
representing approximately a $47 per 1,000 assessed valuation increase
in the real property taxes of the Village of Dundee; with a $0.34
per 1,000 assessed valuation increase in the Fire Protection/Ambulance
Service for the Town of Starkey, Town of Barrington and the Town of
Reading. Such a program would provide an eligible volunteer fire fighter
and/or EMT having 30 years credited service with an anticipated payment
of $600 per month for life.
| |||
