[R.O. 1993 § 100.040; Ord. No.
397 §§ I — V, 1-1-1987]
A.
Adoption
Of Plan. The City of Bel-Nor adopts a retirement and disability plan
("Plan") for the exclusive benefit of its employees, copy attached
hereto and incorporated by reference as if set forth in full herein,[1] as its plan to provide contributions by the City of Bel-Nor.
[1]
Editor's Note: Said Plan is on file in the City offices.
B.
Authorization
To Execute Documents. The Mayor and the City Clerk are hereby authorized
and directed to enter into and execute a retirement plan and annuity
contract along with any modification deemed necessary by such officials
as evidenced in writing signed by such officials on behalf of the
City of Bel-Nor, and to take all necessary, required and proper action
to carry into effect the provisions of such Plan and contract, and
to take such actions as are necessary to qualify such Plan under the
provisions of Internal Revenue Code Section 401,[2] and are hereby authorized to execute on behalf of the
City of Bel-Nor powers of attorney for such individual or individuals,
as deemed appropriate by such officials, to enable such individual
or individuals to represent the City of Bel-Nor before the Internal
Revenue Service in order to qualify the Plan pursuant to Internal
Revenue Code Section 401.
[2]
Editor's Note: See 26 U.S.C. § 401.
C.
Modification
Or Termination Of Plan. The City of Bel-Nor reserves the right to
make modifications to the Plan from time to time or to terminate the
Plan. That modification or termination of the Plan shall be made by
ordinance duly adopted by the Board of Aldermen of the City of Bel-Nor;
provided, however, that rights of employee members of the Plan are
non-forfeitable except for non-payment of future premiums of the annuity
contract.
[R.O. 1993 § 100.100; Ord. No.
535 § 1, 10-17-1994]
A.
For
purposes of this Section, the term "expenses" shall refer only to
expenses actually and necessarily incurred in the performance of the
official business of the City. The term "employee" shall include all
persons employed by the City and all elected and appointed officials.
B.
Beginning
May 1, 1995, any employee incurring any expense as defined in this
Section and seeking reimbursement of same may submit to the City Treasurer
a voucher certified as being true and correct. The City Treasurer
shall review such expense vouchers and shall reimburse to the employee
only those expenses properly incurred.
C.
The
City Treasurer may advance payment of projected expenses as authorized
by the Board of Aldermen when the projected expenses to be incurred
would pose a financial burden on the employee. If such an advance
is authorized, within ten (10) days after such expenses are actually
incurred the employee shall submit to the City Treasurer a voucher
for the expenses actually and necessarily incurred and any balance
of the advance remaining after expenditure.
