Ordinance No. 10,975ORDINANCE NO. 10,975
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS,
ELECTING FOR THE CITY TO MAKE CURRENT SERVICE AND PRIOR SERVICE
CONTRIBUTIONS TO THE CITY'S ACCOUNT IN THE MUNICIPAL
ACCUMULATION FUND OF THE TEXAS MUNICIPAL RETIREMENT SYSTEM
AT THE ACTUARIALLY DETERMINED RATE OF TOTAL EMPLOYEE
COMPENSATION; AND PROVIDING FOR THE EFFECTIVE DATE THEREOF.
WHEREAS, the City of Baytown (the "City"), is a participating municipality in the Texas
Municipal Retirement System (the "System"), and has undertaken to provide certain retirement, death and
disability benefits to its employees pursuant to Subtitle G, Title 8, Government Code, (hereinafter, the
"TMRS Act"); and
WHEREAS, the City Council desires to authorize funding of such benefits as herein provided:
NOW THEREFORE.
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF BAYTOWN, TEXAS:
Section 1: Pursuant to Section 855.407(g) of the TMRS Act, the City hereby elects to make
future normal and prior service contributions to its account in the municipal accumulation fund of the
System at such combined rate of the total compensation paid by the City to employees who are members
of the System, as the System's actuary shall annually determine as the rate necessary to fund, within the
amortization period determined as applicable to the City under the TMRS Act, the costs of all benefits
which are or may become chargeable to or are to be paid out of the City's account in said accumulation
fund, regardless of other provisions of the TMRS Act limiting the combined rate of City contributions.
Section 2: This ordinance shall take effect immediately from and after its passage by the
City Council of the City of Baytown.
INTRODUCED, READ and PASSED by the affirmative vote of thepty Council of the City of
Baytown this the 22nd day of September, 2008.
STEPHEN H. DONCARLOS. Mayor
ATTEST:
KAYTHIE DARNELLMMy Clerk
APPROVED AS TO FORM:
IACIO RAMIREZ, SR.(CitvJAttorney