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2016-01-19CITY OF OKEECHOBEE JANUARY 19, 2016, REGULAR CITY COUNCIL MEETING 55 SE 3RD AVENUE * COUNCIL CHAMBERS * OKEECHOBEE, FL 34974 SUMMARY OF COUNCIL ACTION PAGE 1 OF 8 I AGENDA I COUNCIL. ACTION - DISCUSSION VOTE I I. CALL TO ORDER — Mayor January 19, 2016, City Council Regular Meeting, 6:00 P.M. II. OPENING CEREMONIES Invocation to be given by Nancy Vaughan, First United Methodist Church; Pledge of Allegiance to be led by Mayor Kirk. III. MAYOR, COUNCIL AND STAFF ATTENDANCE - City Clerk Mayor James E. Kirk Council Member Noel A. Chandler Council Member Mike O'Connor Council Member Gary Ritter Council Member Dowling R. Watford, Jr. City Administrator Marcos MontesDeOca City Attorney John R. Cook City Clerk Lane Gamiotea Deputy Clerk Melisa Jahner Police Chief Denny Davis Fire Chief Herb Smith Public Works Director David Allen IV. PROCLAMATIONS AND PRESENTATIONS — Mayor A. Proclaim the week of January 24 — 29, 2016 as "Children's Week." Mayor Kirk called the January 19, 2016, Regular City Council meeting to order at 6:02 P.M. In the absence of Ms. Vaughan, Director of Children's Ministry of the First United Methodist Church, Mr. Watford offered the invocation; the Pledge of Allegiance was led by Mayor Kirk. City Clerk Gamiotea called the roll: Present Present Present Present Present Present Present Present Present Present Present Present Mayor Kirk presented and read the following proclamation to Mrs. Debbie Schooley: "WHEREAS, the 215t Annual Children's Week celebrating parents and children will take place in Tallahassee from January 24, 2016 to January 29, 2016, bringing thousands of parents, children, professionals, policy makers, and community leaders together to share valuable knowledge and information about children's issues across the state and in our capitol city; and WHEREAS, the purpose of Children's Week is to create a shared vision of the State of Florida's commitment to its children and families and to engage a long-term process to develop and implement strategies; and WHEREAS, the Children's Week Committee has teamed up with statewide businesses and non-profit organizations, including the Early Learning Coalition of Indian River, Martin and Okeechobee Counties, Camelot Community Care, Devereux CB, Guardian ad Litem, and other local organizations to expand the network of community involvement on a wide array of children and family issues at the local level. NOW, THEREFORE, 1, James E. Kirk, by virtue of the authority vested in me as Mayor of the City of Okeechobee, Florida, do hereby proclaim January 24 - 29, 2016 as "Children's Week." AGENDA V. AGENDA - Mayor A. Requests for the addition, deferral or withdrawal of items on today's agenda. VI. MINUTES — City Clerk a) Motion to dispense with the reading and approve the Summary of Council Action for the November 24, 2015, December 15, 2015, and January 5, 2016 Regular Meetings. VII. WARRANT REGISTER - City Administrator A. Motion to approve the December 2015 Warrant Register. GeneralFund........................................................................$ 391,414.57 General Fund -Centennial Account ........................................$ 2,828.78 Public Facilities Improvement Fund .......................................$ 20,657.26 Capital Improvement Projects Fund ......................................$ 18,655.07 Appropriations Grant Fund ....................................................$ 4,500.00 VIII.OPEN PUBLIC HEARING FOR FINAL ADOPTION OF ORDINANCE — Mayor A.1.a) Motion to read proposed Ordinance No. 1130 by title only, regarding Land Development Regulation Text Amendments, Application No. 15-005-TA Planning Board recommends approval — City Planning Consultant (Exhibit 1). JANUARY 19, 2016 — REGULAR MEETING - PAGE 2 OF 8 499 COUNCIL ACTION -DISCUSSION —VOTE Mayor Kirk asked whether there were any additions, deferrals, or withdrawals on today's agenda. As requested, Mayor Kirk read the following letter into the record: "Mayor Kirk and City Council Members, as you all know, I did get to experience a helicopter ride on January 12, due to [me] being trauma hawked after having a stroke. Before landing at the hospital, I realized my City Family had just extended their hands to help me.1 would like to recognize three of our first responders that were responsible for having a hand in saving my life./ know this is something these gentlemen do on a daily basis but 1 wanted to thank [them] personally for doing (their] jobs and representing the City professionally. Those fellow City family members were Lt. Glenn Hodges, Firefighter Mike Skipper, and Firefighter J.R. Wooten, as well as some support from our County's EMS crew, Fire Medic Gwilt and Fire Medic Bridges. Again [I] thank [them] for [their] actions, prompt care and again for the free helicopter ride to safety, signed Mike O'Connor. Motion and second by Council Members Ritter and Chandler to dispense with the reading and approve the Summary of Council Action for the regular meetings of November 24, 2015, December 15, 2015, and January 5, 2016. There was no discussion on this item. VOTE: KIRK — YEA CHANDLER — YEA O'CONNOR — YEA RITTER — YEA WATFORD — YEA MOTION CARRIED. Motion and second by Council Members Watford and O'Connor to approve the December 2015 Warrant Register in the amounts: General Fund, three hundred ninety-one thousand, four hundred fourteen dollars, and fifty-seven cents ($391,414.57); General Fund -Centennial Account, two thousand, eight hundred twenty-eight dollars, and seventy-eight cents ($2,828.78); Public Facilities Improvement Fund, twenty thousand, six hundred fifty-seven dollars and twenty-six cents ($20,657.26); Capital Improvement Projects Fund, eighteen thousand, six hundred fifty-five dollars and seven cents ($18,655.07); Appropriations Grant Fund, four thousand, five hundred dollars and no cents ($4,500.00). There was no discussion on this item. VOTE: KIRK — YEA CHANDLER — YEA O'CONNOR — YEA RITTER — YEA WATFORD — YEA MOTION CARRIED. MAYOR KIRK OPENED THE PUBLIC HEARING AT 6:11 P.M. Council Member Watford moved to read proposed Ordinance No. 1130 by title only, regarding Land Development Regulation Text Amendments, Application No. 15-005-TA; seconded by Council Member Ritter. 500 JANUARY 19, 2016 - REGULAR MEETING - PAGE 3 OF 8 VIII.LDR PUBLIC HEARING CONTINUED A.1.b) Vote on motion to read by title only proposed Ordinance No. 1130. c) City Attorney to read proposed Ordinance No. 1130 by title only 2.a) Motion to adopt Ordinance No. 1130. b) Public comments and, discussion. KIRK — YEA RITTER — YEA VOTE: CHANDLER — YEA O'CONNOR — YEA WATFORD — YEA MOTION CARRIED. Attorney Cook read proposed Ordinance No. 1130 by title only as follows: "AN ORDINANCE OF THE CITY OF OKEECHOBEE, FLORIDA, PROVIDING FOR AMENDMENTS TO PART II OF THE CODE OF ORDINANCES, SUBPART B-LAND DEVELOPMENT REGULATIONS; PROVIDING FOR AMENDMENTS CHAPTER 66-GENERAL PROVISIONS TO INCLUDE A DEFINITION WITHIN SECTION 66-1 FOR YOUTH CENTER; PROVIDING FOR AMENDMENTS TO CHAPTER 90-ZONING, ARTICLE III -DISTRICT AND DISTRICT REGULATIONS, SPECIFICALLY. DIVISION 5-RESIDENTIAL MULTIPLE -FAMILY DISTRICT SECTION 90-193, TO INCLUDE YOUTH CENTER AND RECOVERY CENTER/SOBER HOME WITHIN THE LIST OF SPECIAL EXCEPTION USES; DIVISION 7-LIGHT COMMERCIAL DISTRICT SECTION 90-25Z TO INCLUDE CONVENIENCE STORE WITHIN THE LIST OF PERMITTED USES AND SECTION 90-253, TO INCLUDE ALCOHOL AND DRUG REHABILITATION CENTER/DETOX CENTER AND RECOVERY CENTER/SOBER HOME WITHIN THE LIST OF SPECIAL EXCEPTION USES; DIVISION 8-HEAVY COMMERCIAL DISTRICT SECTION 90-28Z TO INCLUDE CONVENIENCE STORE AND INDOOR AUCTION HOUSE WITHIN THE LIST OF PERMITTED USES AND SECTION 90-283, TO INCLUDE ALCOHOL AND DRUG REHABILITATION CENTER/DETOX CENTER, INDOOR AUCTION CONVENIENCE STORE WITH FUEL PUMPS, RETAIL POOL SUPPLIES AND EQUIPMENT, WATER TREATMENT SERVICES, AND PEST CONTROL (ALL INCLUDING STORAGE OF CHEMICALS FOR USE AND/OR RETAIL SALE) WITHIN THE LIST OF SPECIAL EXCEPTION USES; DIVISION 10-INDUSTRIAL DISTRICT, SECTION 90-34Z TO INCLUDE RETAIL POOL SUPPLIES AND EQUIPMENT, WATER TREATMENT SERVICES, AND PEST CONTROL (ALL INCLUDING STORAGE OF CHEMICALS FOR USE AND/OR RETAIL SALE) WITHIN THE LIST OF PERMITTED USES; PROVIDING FOR AMENDMENTS TO CHAPTER 90-ZONING, ARTICLE IV SUPPLEMENTARY DISTRICT REGULATIONS, DIVISION 3, OFF-STREET PARKING AND LOADING, SECTION 90-512-SPACE REGULATIONS, SUBSECTION (2) COMMERCIAL USES, TO INCLUDE MINIMUM PARKING REQUIREMENTS FOR INDOOR AUCTION HOUSES WITH AND WITHOUT FIXED SEATING, NAIL SALON, RETAIL SERVICE AND PERSONAL SERVICE; AMENDING CHAPTER 90-ZONING, SECTIONS 90-105 AND 90-572 TO CORRECT A TYPOGRAPHICAL ERROR AND INCORRECT REFERENCE, RESPECTIVELY; PROVIDING FOR CONFLICTS, PROVIDING FOR SEVERABILITY; PROVIDING FOR AN EFFECTIVE DATE." - Motion and second by Council Members Chandler and O'Connor to adopt proposed Ordinance No. 1130. Mayor Kirk asked whether there were any questions or comments from the public. There were none. Council Member Watford clarified as discussed at first reading, Planning Staff confirmed this will meet the States requirements to address sober homes appropriately. Also, businesses in operation, that do not meet these new regulations, will be considered grandfathered-in. Jo JANUARY 19, 2016 - REGULAR MEETING - PAGE 4 OF 8 VIII.LDR PUBLIC HEARING CONTINUED A.2.c) Vote on motion to adopt Ordinance No. 1130. CLOSE PUBLIC HEARING - Mayor IX. NEW BUSINESS A.1.a) Motion to read proposed Ordinance No. 1131 by title only, and set February 2, 2016, as final public hearing date regarding City of Okeechobee Municipal Police Officers' Pension Trust Fund — City Attorney (Exhibit 2). b) Vote on motion to read by title only, and set final public hearing date. c) City Attorney to read proposed Ordinance No. 1131 by title only 2.a) Motion to approve the first reading of proposed Ordinance No. 1131 b) Public comments and discussion. c) Vote on motion. KIRK — YEA RITTER — YEA VOTE: CHANDLER — YEA O'CONNOR — YEA WATFORD — YEA MOTION CARRIED. MAYOR KIRK CLOSED THE PUBLIC HEARING AT 6:15 P.M. Motion and second by Council Members Watford and Ritter to read proposed Ordinance No. 1131 by title only, and set February 2, 2016, as final Public Hearing date regarding amendments to the City of Okeechobee Municipal Police Officers' Pension Trust Fund. VOTE: KIRK — YEA CHANDLER — YEA O'CONNOR — YEA RITTER — YEA WATFORD — YEA MOTION CARRIED. City Attorney Cook read proposed Ordinance No. 1131 by title only as follows: "AN ORDINANCE OF THE CITY OF OKEECHOBEE AMENDING THE CITY OF OKEECHOBEE MUNICIPAL POLICE OFFICERS' PENSION TRUST FUND, ADOPTED PURSUANT TO ORDINANCE 888, AS SUBSEQUENTLYAMENDED; AMENDING SECTION 1, DEFINITIONS; AMENDING SECTION 6, BENEFIT AMOUNTS AND ELIGIBILITY; AMENDING SECTION 8, DISABILITY, AMENDING SECTION 10, OPTIONAL FORMS OF BENEFITS; AMENDING SECTION 15, MAXIMUM PENSION; AMENDING SECTION 16, MINIMUM DISTRIBUTION OF BENEFITS; AMENDING SECTION 27, PRIOR POLICE SERVICE; AMENDING SECTION 28, DEFERRED RETIREMENT OPTION PLAN; ADDING SECTION 30, SUPPLEMENTAL BENEFIT COMPONENT FOR EXTRA BENEFITS; CHAPTER 185 SHARE ACCOUNTS; PROVIDING FOR CODIFICATION; PROVIDING FOR SEVERABILITY OF PROVISIONS; REPEALING ALL ORDINANCES IN CONFLICT HEREWITH AND PROVIDING AN EFFECTIVE DATE." Motion and second by Council Members Chandler and O'Connor to approve the first reading of proposed Ordinance No. 1131. Mayor Kirk asked whether there were any questions or comments from the public. There were none. Mayor Kirk confirmed it would be appropriate for Council Member Watford to forward his questions via email to Pension attorney Christiansen through Administrator MontesDeOca. VOTE: KIRK — YEA CHANDLER — YEA O'CONNOR — YEA RITTER — YEA WATFORD — YEA MOTION CARRIED. 56 JANUARY 19, 2016 - REGULAR MEETING - PAGE 5 OF 8 IX. NEW BUSINESS CONTINUED B.1.a) Motion to read proposed Ordinance No. 1132 by title only, and set February 2, 2016, as final public hearing date regarding City of Okeechobee and Okeechobee Utility Authority Employees' Retirement System — City Attorney (Exhibit 3). b) Vote on motion to read by title only, and set final public hearing date. c) City Attorney to read proposed Ordinance No. 1132 by title only 2.a) Motion to approve the first reading of proposed Ordinance No. 1132. b) Public comments and discussion. c) Vote on motion. C.1.a) Motion to read proposed Ordinance No. 1133 by title only, and set February 2, 2016, as final public hearing date regarding City of Okeechobee Municipal Firefighters' Pension Fund — City Attorney (Exhibit 4). Motion and second by Council Members Watford and Ritter to read proposed Ordinance No.1131 by title only, and set February 2, 2016, as final Public Hearing date regarding City of Okeechobee (General Employees') and Okeechobee Utility Authority Employees' Retirement System. VOTE: KIRK — YEA CHANDLER — YEA O'CONNOR — YEA RITTER — YEA WATFORD — YEA MOTION CARRIED. City Attorney Cook read proposed Ordinance No. 1132 by title only as follows: "AN ORDINANCE OF THE CITY OF OKEECHOBEE AMENDING THE CITY OF OKEECHOBEE AND OKEECHOBEE UTILITY AUTHORITY EMPLOYEES' RETIREMENT SYSTEM, ADOPTED PURSUANT TO ORDINANCE NO. 1053, AS SUBSEQUENTLY AMENDED; AMENDING SECTION 1, DEFINITIONS; AMENDING SECTION 2, MEMBERSHIP; AMENDING SECTION 6, BENEFIT AMOUNTS AND ELIGIBILITY, AMENDING SECTION 8, DISABILITY, AMENDING SECTION 10, OPTIONAL FORMS OF BENEFITS; AMENDING SECTION 14, MAXIMUM PENSION; AMENDING SECTION 15, MINIMUM DISTRIBUTION OF BENEFITS; AMENDING SECTION 25, REEMPLOYMENT AFTER RETIREMENT, AMENDING SECTION 27, PRIOR GOVERNMENT SERVICE; AMENDING SECTION 28, DEFERRED RETIREMENT OPTION PLAN; PROVIDING FOR CODIFICATION; PROVIDING FOR SEVERABILITY OF PROVISIONS; REPEALING ALL ORDINANCES IN CONFLICT HEREWITH AND PROVIDING AN EFFECTIVE DATE." Motion and second by Council Members Chandler and O'Connor to approve the first reading of proposed Ordinance No. 1132. Mayor Kirk asked whether there were any questions or comments from the public. There were none. VOTE: KIRK — YEA CHANDLER — YEA O'CONNOR — YEA RITTER — YEA WATFORD — YEA MOTION CARRIED. Motion and second by Council Members Watford and Ritter to read proposed Ordinance No.1133 by title only, and set February 2, 2016, as final Public Hearing date regarding City of Okeechobee Municipal Firefighters' Pension Fund. C; JANUARY 19, 2016 - REGULAR MEETING - PAGE 6 OF 8 IX. NEW BUSINESS CONTINUED C.11) Vote on motion to read by title only, and set final public hearing date. c) City Attorney to read proposed Ordinance No. 1133 by title only 2.a) Motion to approve the first reading of proposed Ordinance No. 1133 b) Public comments and discussion. c) Vote on motion. D. Motion to approve a request to add a Big Apple Pizza restaurant in the Dunkin Donuts building - Al Zakhary and Steve Dobbs. VOTE: KIRK — YEA CHANDLER — YEA O'CONNOR — YEA RITTER — YEA WATFORD — YEA MOTION CARRIED. City Attorney Cook read proposed Ordinance No. 1133 by title only as follows: "AN ORDINANCE OF THE CITY OF OKEECHOBEE FURTHER AMENDING THE CITY OF OKEECHOBEE MUNICIPAL FIREFIGHTERS' PENSION FUND, ADOPTED PURSUANT TO ORDINANCE 889, AS SUBSEQUENTLYAMENDED; AMENDING SECTION 1, DEFINITIONS; AMENDING SECTION 6, BENEFIT AMOUNTS AND ELIGIBILITY; AMENDING SECTION 8, DISABILITY; AMENDING SECTION 10, OPTIONAL FORMS OF BENEFITS; AMENDING SECTION 15, MAXIMUM PENSION; AMENDING SECTION 16, MINIMUM DISTRIBUTION OF BENEFITS; AMENDING SECTION 27, PRIOR FIRE SERVICE, AMENDING SECTION 28, DEFERRED RETIREMENT OPTION PLAN; ADDING SECTION 30, SUPPLEMENTAL BENEFIT COMPONENT FOR EXTRA BENEFITS; CHAPTER 175 SHARE ACCOUNTS; PROVIDING FOR CODIFICATION; PROVIDING FOR SEVERABILITY OF PROVISIONS; REPEALING ALL ORDINANCES IN CONFLICT HEREWITH AND PROVIDING AN EFFECTIVE DATE." Motion and second by Council Members Chandler and O'Connor to approve the first reading of proposed Ordinance No. 1133. Mayor Kirk asked whether there were any questions or comments from the public. There were none. VOTE: KIRK — YEA CHANDLER — YEA O'CONNOR — YEA RITTER — YEA WATFORD — YEA MOTION CARRIED. The owner of Lots 7 to 9 of Block 153, City of Okeechobee, Plat Book 5, Page 5, Okeechobee County Public Records, Mr. Al Zakhary, (PMA of Okeechobee, Inc.) and Engineering Consultant, Mr. Steve Dobbs, addressed the Council to request increasing"the parking reduction approval from 43 to 50 percent and approve adding a second restaurant (such as a Big Apple Pizza franchise, that mostly serves take-out or delivery), to the existing Dunkin Donut facility located at 205 East North Park Street. Official action by the City Council at the February 3, 2015, meeting was as to approve a 43 percent parking reduction (eight spaces), to utilize five parking spaces along the East side of Northeast 2nd Avenue, with the 17 off-street spaces as recommended by the Technical Review Committee; and further, that the owner may request additional parking directly to the City Council for any expansion or improvements that would result in additional parking requirements. The approval was based on the following site plan criteria: 2,000 square feet (SF) for the restaurant, 400 SF for office space, 300 SF for a play room, and 2,300 SF for storage, together requires 30 parking spaces. Using 300 SF for a second restaurant will now require 34 parking spaces. 5 JANUARY 19, 2016 - REGULAR MEETING - PAGE 7 OF 8 IX. NEW BUSINESS CONTINUED E. Motion to approve a request to add a Big Apple Pizza restaurant in the Dunkin Donuts building continued. Motion to ratify approval of the Application for Funding Assistance, Application No. 2016-JAGD-1752, OCPD Crime Scene Camera Acquisition Project — City Police Chief (Exhibit 5). Mr. Zakhary distributed a handout listing daily sales records for his Dunkin Donuts on a Monday, Thursday and Saturday to substantiate his position to add the second restaurant in order to boost sales after 11:00 A.M. It will have its own separate entrance, cash register kiosk, counter and food warmer. The drive-thru will remain strictly for Dunkin Donuts menu and transactions only. The discussion then turned to the traffic issues from 5:00 to 11:00 A.M. related to the drive-thru line wait time. Mr. Zakhary explained he is aware of the problem, and is required by Dunkin Donuts to meet their franchise standards (copy of their brand timing standards and targets included in handout). He has discussed methods to resolve the issues with Dunkin's Corporation representative. Some of the solutions recently put in place are they recently added an internal expeditor, hired a new manager, and new crew, who are being trained on the Dunkin standards. Additional solutions he is in the process of implementing are adding an outside expeditor, purchasing a double toaster oven and double sided sandwich station. The Council offered their appreciation of the new business but stressed the importance of fixing the problem areas, as they have been receiving complaints from neighboring businesses. Council Member Watford made a motion to approve a change in the parking reduction from 43 to 50 percent (13 spaces) for the addition of a pizza restaurant (located at the previously stated site); seconded by Council Member Chandler. Attorney Cook conveyed to Mr. Dobbs, an agreement would have to be initiated should parking with adjoining areas be necessary. VOTE: KIRK — YEA CHANDLER — YEA O'CONNOR — NO RITTER — YEA WATFORD — YEA MOTION CARRIED. Motion and second by Council Members Watford and Ritter to ratify the approval to submit Application for Funding Assistance No. 2016-JAGD-1752, OCPD Crime Scene Camera Acquisition Project. This grant is for Federal Fiscal Year 2015, specifically for period of February 1, 2016 through June 30, 2016. The Florida Department of Law Enforcement has allocated funds in the amount of one thousand, seven hundred ninety-one dollars ($1,791.00), for the City. The application was submitted to comply with deadlines for three crime scene digital cameras. VOTE: KIRK — YEA CHANDLER — YEA O'CONNOR — YEA RITTER — YEA WATFORD — YEA MOTION CARRIED. J C1J JANUARY 19, 2016 - REGULAR MEETING - PAGE 8 OF 8 IX. NEW BUSINESS CONTINUED F. Motion to appoint the Employee Grievance Committee, term being January 20, 2016, through January 31, 2018, or until their successor is appointed — City Clerk (Exhibit 6). X. ADJOURNMENT — Mayor Please take notice and be advised that when a person decides to appeal any decision made by the City Council with respect to any matter considered at this meeting, he/she may need to insure that a verbatim record of the proceeding is made, which record includes the testimony and evidence upon which the appeal is to be based. Cit rk me is are for the sole purpose of backup for official records of the Clerk. James E. Kirk, Mayor A T T: Lane amiotea, CMC City Clerk Motion and second by Council Members Watford and Ritter to appoint the Employee Grievance Committee, term being January 20, 2016, through January 31, 2018, or until their successor is appointed: Fire Department, Phil Conroy (Member), Adam Crum (Alternate); Public Works Department, Cody Rodriguez (Member), Marvin Roberts (Alternate); Finance Department, Melissa Henry (Member), Kim Barnes (Alternate); Administration and General Services Departments and the Office of the City Clerk, Robin Brock (Member), Jackie Dunham (Alternate); and Police Department, Jack Boon (Member), Danny Green (Alternate). The Council appreciated their willingness to serve. KIRK — YEA RITTER — YEA VOTE: CHANDLER — YEA O'CONNOR — YEA WATFORD — YEA MOTION CARRIED. There being no further discussion, nor items on the agenda, Mayor Kirk adjourned the meeting at 7:07 P.M. The next Regular Meeting will be February 2, 2016. ANDEPENDENT NEWSMEDIA INC. USA STATE OF FLORIDA COUNTY OF OKEECHOBEE Before the undersigned authority personally appeared Katrina F,lsken, who on oath says she is the Publisher of the Okeechobee News, a three times a week Newspaper published at Okeechobee, in Okeechobee County, Florida, that the attached copy of advertisement being arc-r'-� in the matter of in the 19th Judicial District of the Circuit Court of Okeechobee County, Florida, was published in said newspaper in the issues of Afiiant further says that the said Okeechobee News is a newspaper published at Okeechobee, in said Okeechobee County, Florida, and that said newspaper has heretofore been published continuously in said Okeechobee County, Florida each week and has been entered as second class mail matter at the post office in Okeechobee, in said Okeechobee County, Florida, for a period of one year next preceding the first publication of the attached copy of advertisement, and affiant further says that she has neither paid nor promised any person, firm or corporation any discount, rebate, commission or refund for the purpose of securing this advertisement for publication in the said newspaper. Katrina Elsken Sworn to andgib,cribed b fore me this day of AD Notary Public, State of Florida at Large ANGIE BRIDGES MY COMMISSION # EE 177653 EXPIRES: April 20, 2016 Bonded Thru Notary Public Underwriters VAIIIIIIIIe -5ln10) 301i - W edi 4� mA�'Ie Okeechobee News 107 SW 17th Street, Suite D Okeechobee, Florida 34974 863-763-3134 PUBLIC NOTICE CITY COUNCIL MEETING ICE IS HEREBY GIVEN that the City Council for the City of Okeecho Nill conduct a regular meeting on Tues, ]an 19, 2016, 6 PM, or ai thereafter as possible, at Cttv Hall, 55 SE 3rd Ave, Rm 200, Okeecho FL. The public is Invited and encouraged to attend. The agenda mal rtained from dtyofokeechobee.com or by calling the office of the Gty 7istrator, 863-763-3372 x212. . PERSON DECIDING TO APPEAL any decision made by the City ;il with respect to any matter considered at this meeting will need to e a verbatim record of the proceeding is made and the record includes st mony and evidence upon which the appeal will be based. In accor- with the. Americans with Disabilities Act (ADA), any person with a lity as defined by the ADA, that needs special accommodation to par- e m this proceeding, contact the City Clerk's Office no later than two ?ss days prior to proceeding, 863-763-3372. BE ADVISED that should you intend to show any document, picture, video or items to the Council in support or opposition to any item on the agenda; a top of the document, picture, video, or item MUST be provided to the City Clerk for the City's records. By: Mayor James E. Kirk CITY OF OKEECHOBEE 55 SE 3RD AVENUE ♦ COUNCIL CHAMBERS ♦ OKEECHOBEE, FL 34974 JANUARY 19, 2016 REGULAR CITY COUNCIL MEETING OFFICIAL AGENDA 47v ?)" v/,,v- ?�- �� PAGE 1 OF 4 I. CALL TO ORDER - Mayor: January 19, 2016, City Council Regular Meeting, 6:00 p.m. W II. OPENING CEREMONIES: Invocation given by Uan4-Veughen, h; Pledge of Allegiance led by Mayor. III. MAYOR, COUNCIL MEMBERS, AND STAFF ATTENDANCE - City Clerk Mayor James E. Kirk z/ Council Member Noel Chandler✓ Council Member Mike O'Connor,✓ Council Member Gary Ritter r✓ Council Member Dowling R. Watford, Jr. ,✓ City Administrator Marcos Montes De Oca ✓ City Attorney John R. Cook, City Clerk Lane Gamiotea Deputy Clerk Melisa Jahner v-, Police Chief Denny Davis Fire Chief Herb Smith ,✓ Public Works Director David Allen ✓ IV. PROCLAMATIONS AND PRESENTATIONS - Mayor l�%t'c CtS� rf cE�`✓. A. Proclaim the week of January 24 — 29, 2016 as "Children's Week" LQ.-(7�-►" Y(' GL.I.Q _ 1 �`-�e' l-f' L`�'l t�� T 7�' .rvi �'� � }'i( � � Cat r1 ��✓` V. AGENDA - Mayor A. Requests for the addition, deferral or withdrawal of items on today's agenda. Y )U- VI. MINUTES — City Clerk A. Motion to dispense with the reading and approve the Summary of Council Action for the November 24, 2015, December 15, 2015, and January 5, 2016 Regular Meetings. �� ��G ,fly - ( A. 'V �' VII. WARRANT REGISTER - ' A k4 : tl. t�k., k.k, S A. Motion to approve the December 2015 Warrant Register — City Administrator h JI-rt,m General Fund $391,414.57 General Fund (Centennial) $ 2,828.78 Public Facilities Improvement Fund $ 20,657.26 Capital Improvement Projects Fund $18,655.07 Appropriations Grant Fund $ 4,500.00 > Vill. OPEN PUBLIC HEARING FOR FINAL ADOPTION OF ORDINANCE—, A.1.a) Motion to read proposed Ordinance No. 1130 by title only regarding Land Develo ment Regulation Text Amendments, Application No. 15-005-TA — Planning Board recommends approval - City Planning Consultant (Exhibit 1). Z7 ett b) Vote on motion to read by title only. jr u�_k_ 0_�ttik c) City Attorney to read proposed Ordinance No. 1130 by title only. 2.a) Motion to adopt Ordinance No. 1130. pG/ PLb b) Public comments and discussion. u,�}c cat L L/ c) Vote on motion. t,(�U ° CLOSE PUBLIC HEARING'°w �. L January 19, 2016 PAGE 2 of 4 f IX. NEW BUSINESS A.1.a) Motion to read proposed Ordinance No. 1131 by title only and set February 2, 2016 as final public hearing date regarding City of Okeechobee Municipal Police Officer's Pension Trust Fund — City Attorney (Exhibit 2). b) Vote on motion to read by title only and set final public hearing date.k 9 bj� C '�) c) City Attorney to read proposed Ordinance No.1131 by title only. 2.a) Motion to approve the first reading of proposed Ordinance No. 1131.�'j Iry b) Public comments and discussion. c) Vote on motion. q�L CAU B.1.a) Motion to read proposed Ordinance No. 1132 by title only and set February 2, 2016 as final public hearing date regarding City of Okeechobee and Okeechobee Utility Authority Employees' Retirement System — City Attorney (Exhibit 3). b) Vote on motion to read by title only and set final public hearing date. ��,� ,u ��I✓ c) City Attorney to read proposed Ordinance No. 1132 by title only. 2.a) Motion to approve the first reading of proposed Ordinance, No. 1132. b) Public comments and discussion. /,tl Pw c) Vote on motion. /rC�,��u C.1.a) Motion to read proposed Ordinance No. 1133 by title only and set February 2, 2016 as final public hearing date regarding City of Okeechobee Municipal Firefighters' Pension Fund — City Attorney (Exhibit 4). 4WD &,k b) Vote on motion to read by title only and set final public hearing date. 10-C&6u c) City Attorney to read proposed Ordinance No. 1133. January 19, 2016 PAGE 3 of 4 January 19, 2016 PAGE 4 of 4 IX. NEW BUSINESS CONTINUED C.2.a) Motion to approve the first reading of proposed Ordinance No.1133. b) Public comments and discussion. c) Vote on motion. %�� ��, D. Motion to approve a request to add4aB pple Pizza restaurant in the Dunkin D nuts buildigl Zakhary and Steve DobbsA&� . - � °Motion to ratify approval o tf he Appn for Funding Assistance, Application No. 2016-JAGD-1752, OCPD Crime Scene Camera Acquisition Project - City Police Chief (Exhibit 5). AOZ�4 e4 1- ,4Ant F. Motion to appoint the Employee Grievance Committee, term being January 20, 2016 through January 31, 2018, or until their successor is appointed - City Clerk (Exhibit 6). �,Go" X. ADJOURN MEETINGAn ��T�;�� , 17:1q PLEASE TAKE NOTICE AND BE ADVISED that if any person desires to appeal any decision made by the City Council with respect to any matter considered at this proceeding, such interested person will need a record of the proceeding, and for such purpose may need to ensure a verbatim record of the proceeding is made, which record includes the testimony and evidence upon which the appeal is to be based. City Clerk recordings are for the sole purpose of backup for official records of the Clerk. In accordance with the Americans with Disabilities Act (ADA), any person with a disability as defined by the ADA, that needs special accommodation to participate in this proceeding, contact the City Clerk's Office no later than two business days prior to proceeding, 863-763-3372. BE ADVISED that should you intend to show any document, picture, video or items to the Council in support or opposition to any item on the agenda; a copy of the document, picture, video, or item must be provided to the City Clerk for the City's records. 11.r err+ 1 -8-il / Ltd - � qv � pvu,/, "Ilk V U C J ko 4 pa-- jct-w ��� -kVlO-&t AQ-J-azllt�� pl-I p- ,)L L Ir c' ad-t , Z�-d- e6w - 44f- (ujjj o-t�F/a 2 A-j Iff° lajp 1 yt G.vC &- q) ii 4p,&4 -It - - �- office of t�e mgor O�eec ode FI f e� ors a w REAS, the 21st Annual Children's Week celebrating parents and children will take place in- 5. Tallahassee from January 24, 2016 to January 29, 2016, bringing thousands of parents, children, = professionals, policy makers, and community leaders together to share valuable knowledge and .., information about children's issues across the state and in our Capitol City; and 1%1xHEREAS, the purpose of Children"s Week is to create a shared vision of the State of Florida's commitment to its children and families and to engage a long-term process to develop and implement strategies; and WHEREAS, the Children's Week Committee has teamed up with statewide businesses and non-profit organizations, including the Early Learning Coalition of Indian River, Martin and Okeechobee Counties, Camelot Community Care, Devereux Community Based Care, Guardian ad Litem, and oe other local organizations to expand the network of community involvement on a wide array of children and family issues at the local level. NOW, THEREFORE, I, James E. Kirk, by virtue of the authority vested in me as Mayor of the City of Okeechobee, Florida, do hereby proclaim January 24 - 29, 2016 as "Children's Week." In witness whereof, on January 19, 2015, I have se y nd and caused this seal to be affixed James E. Kirk, Mayor Attest: ' Lane Gan0otea, CMC, City Clerk f _ J ,; 4 ��,� e�. ,r`y "4i�,g�• +��`�.� r � r�,. h�W^6�r'�%� y Jc IR, �cj� City of Okeechobee January 19, 2016 Mayor Kirk and City Council Members, As you all know, I did get to experience a helicopter ride on January 12, due to my being trauma hawked after having a stroke. Before landing at the hospital, I realized my City Family had just extended their hands to help me. I would like to recognize three of our first responders that were responsible for having a hand in saving my life. I know this is something these gentlemen do on a daily basis but I wanted to thank you personally for doing your jobs and representing the City professionally. Those fellow City family members were Lt. Glenn Hodges, Firefighter Mike Skipper, and Firefighter J.R. Wooten, as well as some support from our County's EMS crew, Fire Medic Gwilt and Fire Medic Bridges. Again thank you for your actions, prompt care and again for the free helicopter ride to safety. Sincerely, - - - 0 Mike O'Connor Councilman CC- Administrator Montes De Oca Lt. Hodges Firefighter Skipper Firefighter Wooten 55 S.E. Third Avenue • Okeechobee, Florida 34974-2903 • (863) 763-3372 • Fax: (863) 763-1686 Planning VVAOI Exhibit 1 Jan 19, 2016 & Management Services, Inc. Memorandum To: Mayor and City Council From: Bill Brisson, AICP Sr. Planner, LaRue Planning & Management Services, Inc. Date: December 28, 2015 Subject: Explanation of changes proposed in 15-005-TA The following provides explanations for each of the proposed changes to the LDRs contained in the proposed ordinance associated with for the City -initiated text amendment 15-005-TA. The Planning Board, sitting as the LPA unanimously recommended approval at its last meeting. 1. Youth center: We have suggested a definition for youth center. While we recognize that a "youth center" could be considered to fall within the definition of a "community center" the special requirement for a community center would severely limit the opportunities for the small scale youth center. For example, while a community center is allowed as a Special exception use in the RSF 1, RSF 2, RMF, and RMH zoning district, the minimum parcel size is 20,000 square feet. It is our impression that this category of use anticipated the type of community center that might be associated with a residential subdivision, mobile home subdivision or a larger multi -family project. The definition we suggest would allow for the smaller scale facilities that have been associated with the recent inquiries. The proposed definition for a youth center is as follows: "Youth center means a social and recreational center providing supervision and opportunities for youth to develop their physical, social, emotional, and cognitive abilities and to experience achievement, leadership, enjoyment, friendship, and recognition. They typically offer organized instructional programs for physical activities, academic and arts programs as well as opportunities for unstructured activities such as game playing, socializing, club meetings, and outdoor play." We also propose that a Youth center be a Special exception use in the RMF District. 2. Recovery Center/sober home: In February, 2015 we added a definition for this term to the LDC, but did not identify where this use should be allowed. The definition is: "Recovery center/sober home means a facility, used by addicts recovering from substance abuse, which serves as an interim environment between rehabilitation and a return to their former lives. These facilities provide a Providing Planning and Management Solutions for Local Governments Since 1988 1375 Jackson Street, Suite 206 Fort Myers, FL 33901 239 ')34-3366 wwwAarueplanning.com 'Wrl'' 11111111110 safe and supportive place in which people can live while they are in recovery and are primarily meant to provide housing for people who have just come out of rehabilitation (or recovery centers) and need a place to live that is structured and supporting for those in recovery. A recovery center/ sober home is not a group home because it is not licensed by a state or federal agency." We are proposing that a Recovery center/sober home be allowed in the RMF and CLT District as a Special exception use. This would largely avoid placing such facilities in close proximity to bars and lounges which are most likely to be located in the CHV District. 3. Convenience store and Indoor auction house: In February, 2015 we added definitions for these terms to the LDC, but did not identify where these uses should be allowed. The definitions are: "Convenience store means a retail establishment offering for sale pre- packaged food products, beverages, household items, newspapers and magazines, sandwiches and other freshly prepared foods for consumption off the premises." "Auction house (indoor) means an establishment where objects of art, furniture, and other goods are offered for sale to persons who bid on the object in competition with each other. This definition does not include out- door or open-air auctions where vehicles, farm and construction equipment and the like are auctioned." We are proposing that Convenience store be allowed as a Permitted use in both the CLT and CHV Districts and that Indoor Auction house be allowed as a Permitted use in the CHV District. 4. Alcohol & drug rehabilitation center/detox center: In February, 2015 we added a definition for this term to the LDC, but did not identify where this use should be allowed. The definition is: "Alcohol and drug rehabilitation center/detox center means a facility provid- ing an active rehabilitation treatment program run throughout the day, where the residents receive intensive individual and group counseling for their substance abuse. Residents typically stay for one to six months." We are proposing that Alcohol and drug rehabilitation center/detox center be allowed as a Special exception use in the CLT and CHV Districts. 5. Convenience store with fuel pumps: In February, 2015 we added a definition for this term to the LDC, but did not identify where this use should be allowed. The definition is: "Convenience store with fuel pumps means a convenience store providing motor vehicle fuels and which may also stock within the principal structure and offer for sale prepackaged motor oil and other small prepackaged auto- motive -related accessories." We are proposing that Convenience store with fuel pumps be allowed as a Special exception use in the CHV District. 2 Serving Florida Local Governments Since 1988 6. Retail pool supplies and equipment, water treatment services, and pest control (all including storage of chemicals for use and/or retail sale: There have been a few inquiries concerning where and how these types of uses are allowed in the City. Each of these uses is essentially a retail use, but involves the storage and sale of chemicals. We are proposing that this use category be allowed as a Special exception in the CHV District and as a Permitted use in the I (Industrial) District. It should be noted that the storage of chemicals on site is limited to use on the premises or for retail sale directly to the ultimate consumer. This category does not permit bulk storage, which is storage for resale to distributors or retail dealers. 7. Parking requirements: Most of the new uses that have been added fall within one or another of the general categories of use for which parking standards have been provided in Section 90-512.-However in some instances, specific parking requirements or clarifi- cation of existing requirements are needed. Each of the changes to the parking require- ments are briefly explained below: (a) There has been confusion in the past as to how to treat retail service and personal service use. They should have the same parking requirements as retail use unless the service provided relies on stations, chairs or beds such as barber shops, beauty shops and nail salons. This is the basis for including the phrase "except as may otherwise be specifically identified in this section". It is also why "nail salon" has been added to the parking standard applying to barber and beauty shops. (b) Indoor auction house is a newly listed use and is proposed to have the same parking requirement as another place of assembly — storefront churches. Therefore, the term "auction house (indoor)" has simply been added to those parts of Sec. 90-512 dealing with the parking requirement for storefront churches. This also ties in with the method employed by the Fire Department in calculating allowable occupancy of an assembly area. 8. Corrections of typographical errors and misplaced references. These changes are self-explanatory in the proposed ordinance. Serving Florida Local Governments Since 1988 ORDINANCE NO. 1130 AN ORDINANCE OF THE CITY OF OKEECHOBEE, FLORIDA, PROVIDING FOR AMENDMENTS TO PART 11 OF THE CODE OF ORDINANCES, SUBPART B-LAND DEVELOPMENT REGULATIONS; PROVIDING FOR AMENDMENTS CHAPTER 66-GENERAL PROVISIONS TO INCLUDE A DEFINITION WITHIN SECTION 66-1 FOR YOUTH CENTER; PROVIDING FOR AMENDMENTS TO CHAPTER 90-ZONING, ARTICLE III -DISTRICT AND DISTRICT REGULATIONS, SPECIFICALLY: DIVISION 5-RESIDENTIAL MULTIPLE -FAMILY DISTRICT SECTION 90- 193, TO INCLUDE YOUTH CENTER AND RECOVERY CENTER/SOBER HOME WITHIN THE LIST OF SPECIAL EXCEPTION USES; DIVISION 7- LIGHT COMMERCIAL DISTRICT SECTION 90-252, TO INCLUDE CONVENIENCE STORE WITHIN THE LIST OF PERMITTED USES AND SECTION 90-253, TO INCLUDE ALCOHOL AND DRUG REHABILITATION CENTER/DETOX CENTER AND RECOVERY CENTER/SOBER HOME WITHIN THE LIST OF SPECIAL EXCEPTION USES; DIVISION 8-HEAVY COMMERCIAL DISTRICT SECTION 90-282, TO INCLUDE CONVENIENCE STORE AND INDOOR AUCTION HOUSE WITHIN THE LIST OF PERMITTED USES AND SECTION 90-283, TO INCLUDE ALCOHOL AND DRUG REHABILITATION CENTERIDETOX CENTER, INDOOR AUCTION CONVENIENCE STORE WITH FUEL PUMPS, RETAIL POOL SUPPLIES AND EQUIPMENT, WATER TREATMENT SERVICES, AND PEST CONTROL (ALL INCLUDING STORAGE OF CHEMICALS FOR USE AND/OR RETAIL SALE) WITHIN THE LIST OF SPECIAL EXCEPTION USES; DIVISION 10-INDUSTRIAL DISTRICT, SECTION 90-342, TO INCLUDE RETAIL POOL SUPPLIES AND EQUIPMENT, WATER TREATMENT SERVICES, AND PEST CONTROL (ALL INCLUDING STORAGE OF CHEMICALS FOR USE AND/OR RETAIL SALE) WITHIN THE LIST OF PERMITTED USES; PROVIDING FOR AMENDMENTS TO CHAPTER 90-ZONING, ARTICLE IV SUPPLEMENTARY DISTRICT REGULATIONS, DIVISION 3, OFF-STREET PARKING AND LOADING, SECTION 90-512-SPACE REGULATIONS, SUBSECTION (2) COMMERCIAL USES, TO INCLUDE MINIMUM PARKING REQUIREMENTS FOR INDOOR AUCTION HOUSES WITH AND WITHOUT FIXED SEATING, NAIL SALON, RETAIL SERVICE AND PERSONAL SERVICE; AMENDING CHAPTER 90-ZONING, SECTIONS 90-105 AND 90-572 TO CORRECT A TYPOGRAPHICAL ERROR AND INCORRECT REFERENCE, RESPECTIVELY; PROVIDING FOR CONFLICTS, PROVIDING FOR SEVERABILITY; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City Council of the City of Okeechobee, Florida has adopted Ordinance Number 716, as amended, known as the Land Development Regulations; and WHEREAS, the City of Okeechobee, Florida, has a legitimate interest in periodic review of its ordinances and land development regulations in order to address certain inconsistencies or outdated regulations contained in the codes; to make amendments to meet changing community standards, or to accommodate new development; and to create new ordinance or regulation to better serve the public and to make the code a more consistent and easier to understand document; and WHEREAS, the Planning Board for the City of Okeechobee, Florida, acting as the Local Planning Agency, reviewed and discussed the proposed amendments, also known as Land Development Regulation Text Amendment Application No.15-005-TA, at a duly advertised Public Hearing held on November 19, 2015, and based on findings of fact by the Planning Staff, hereby recommends certain changes, amendments or modifications to the Code of Ordinances, to present to the City Council for Ordinance No.1130 - Page 1 of 7 Language to be added is underlined. Language to be deleted is sWGt 11;Feugh. ordinance adoption and codification; and WHEREAS, the City Council for the City of Okeechobee, Florida, considered the recommendations by the Planning Board and concludes that enacting such amendments to be in the best interest of its citizens of said City, that said amendments are necessary and appropriate to make the Land Development Regulations more consistent and responsive to the needs of the City and its citizens. NOW, THEREFORE, be it ordained by the City Council of the City of Okeechobee, Florida; presented at a duly advertised public meeting; and passed by majority vote of the City Council; and properly executed by the Mayor or designee, as Chief Presiding Officer for the City: SECTION 1: Amendment and Adoption to Section 66-1. That the City Council for the City of Okeechobee, Florida, amends herein Part II of the Code of Ordinances, Subpart B-Land Development Regulations, Chapter 66- General Provisions, Section 66-1 to include and amend the following definition: Youth center means a social and recreational center providing supervision and opportunities for youth to develop their physical, social, emotional, and coqnitive abilities and to experience achievement, leadership, enjoyment, friendship, and recognition. They typically offer organized instructional programs for physical activities, academic and arts programs as well as opportunities for unstructured activities such as game playing, socializing, club meetings, and outdoor play. SECTION 2: Amendment and Adoption to Section 90-193. That the City Council for the City of Okeechobee, Florida, amends herein Part II of the Code of Ordinances, Subpart B-Land Development Regulations, Chapter 90- Zoning, Article III -District and District Regulations, Division 5-Residential Multiple Family District, Section 90-193 Special Exception Uses to expand the list of uses to include youth center and recovery center/sober home, as follows: The following uses and structures are permitted in the RMF district after issuance or a special exception use petition and may have additional conditions imposed at the time of approval: (1) Guesthouse, provided that the lot area shall be not less than 12,500 square feet. (2) Boardinghouse. (3) Bed and breakfast establishments. (4) Group home. (5) Day care center. (6) House of worship, on a lot of less than five acres. (7) Community center. (8) Indoor recreation. (9) Outdoor recreation. (10) Public utility. (11) Permitted uses in excess of 45 feet in height. (12) Residential migrant housing facility. (13) Adult family care homes or assisted living facilities as provided by law. (14) Youth center (15) Recovery center/sober home SECTION 3: Amendment and Adoption to Section 90-262. That the City Council for the City of Okeechobee, Florida, amends herein Part II of the Code of Ordinances, Subpart B-Land Development Regulations, Chapter 90- Zoning, Article III -District and District Regulations, Division 7-Light Commercial Ordinance No.1130 -Page 2 of 7 Language to be added is underlined. Language to be deleted is sWgk Nsaugb. fir+' 141111111111111, District, Section 90-252 Permitted Uses to expand the list of uses to include a convenience store as follows: The following principal uses and structures are permitted in the CLT district: (1) Professional office, business office, medical office. (2) Retail store, retail service. (3) Personal service. (4) Craft studio. (5) Storefront church located in a unit in a multi -use building or shopping center. (6) Pet grooming. (7) Convenience store. SECTION 4: Amendment and Adoption to Section 90-253. That the City Council for the City of Okeechobee, Florida, amends herein Part II of the Code of Ordinances, Subpart B-Land Development Regulations, Chapter 90- Zoning, Article III -District and District Regulations, Division 7-Light Commercial District, Section 90-253 Special Exception Uses to expand the list of uses to include alcohol and drug rehabilitation center/detox center, and recovery center/sober home as follows: The following uses and structures are permitted in the CLT district after issuance of a special exception use petition and may have additional conditions imposed at the time of approval: (1) Restaurant, take-out restaurant, cafe. (2) Dry cleaner/laundry, laundromat. (3) Private club, nightclub. (4) Business school. (5) Radio, television or cable reception, transmission or operational facilities. (6) Commercial indoor recreation. (7) Commercial parking garage or lot, taxistand. (8) Outdoor vehicle sales lot. (9) House of worship. (10) Marina, dock, pier. (11) Enclosed storage. (12) Public facility or use. (13) Public utility. (14) Permitted uses in excess of 45 feet in height. (15) One dwelling unit per commercial building. (16) Group home. (17) Adult family care homes, assisted living facilities as defined in F.S. § 429.02(5). (18) Nursing homes. (19) Taxidermist. (20) Alcohol and drug rehabilitation center/detox center. (21) Recovery center/sober home. SECTION 5: Amendment and Adoption to Section 90-282. That the City Council for the City of Okeechobee, Florida, amends herein Part II of the Code of Ordinances, Subpart B-Land Development Regulations, Chapter 90- Zoning, Article III -District and District Regulations, Division 8-Heavy Commercial District, Section 90-282 Permitted uses to expand the list of uses to include convenience store and indoor auction house, as follows: The following principal uses and structures are permitted in the CHV district: (1) Professional office, business office, medical office. (2) Retail service, retail store including outdoor display of merchandise. (3) Restaurant, take-out restaurant, cafe. (4) Personal service. (5) Dry cleaner/laundry, laundromat. (6) Funeral home. Ordinance No.1130 - Page 3 of 7 Language to be added is underlined. Language to be deleted is stwsk through. 0M Eon (7) Hotel, motel. (8) Private club, nightclub. (9) Craft studio. (10) Business school. (11) Commercial indoor recreation. (12) Commercial parking garage or lot, taxistand, bus terminal. (13) Storefront church located in a unit in a multi -use building or shopping center. (14) Taxidermist. (15) Pet Grooming. (16) Convenience store. (17) Indoor auction house. SECTION 6: Amendment and Adoption to Section 90-283. That the City Council for the City of Okeechobee, Florida amends herein Part II of the Code of Ordinances, Subpart B-Land Development Regulations, Chapter 90, ZONING, ARTICLE III -District Regulations, Division 8-Heavy Commercial District, Section 90-283 Special exception uses to expand the list of uses to include Alcohol and drug rehabilitation center/detox center; Convenience store with fuel pumps; and Retail pool supplies and equipment, water treatment services, and pest control (all including storage of chemicals for use and/or retail sale), to read as follows: The following uses and structures are permitted in the CHV district after issuance of a special exception use petition and may have additional conditions imposed at the time of approval: (1) Drive -through service. (2) Auto service station, car wash. (3) Wholesale, warehouse not including bulk storage of flammable liquids. (4) Enclosed warehouse and storage. (5) Outdoor sales and storage, building trades contractor. (6) Flea market. (7) Mechanical and repair services. (8) Commercial outdoor recreation. (9) Veterinary service. (10) Crematory. (11) Marina, dock, pier. (12) Recreational vehicle park, for transient recreation use. (13) Radio, television or cable reception, transmission or operational facilities. (14) Public facility or use. (15) Public utility. (16) Permitted uses in excess of 45 feet in height. (17) One dwelling unit per commercial building. (18) Outdoor vehicle sales lot. (19) House of worship. (20) Hospitals, which means in -patient hospital care. (21) Adult family care homes, assisted living facilities as defined in F.S. § 429.02(5). (22) Nursing homes. (23) Alcohol and drug rehabilitation center/detox center. (24) Convenience store with fuel pumps. (25) Retail pool supplies and equipment (including storage of chemicals for use and/or retail sale). (26) Water treatment services (including storage of chemicals for use and/or retail sale). (27) Pest control (including storage of chemicals for use and/or retail sale). SECTION 7: Amendment and Adoption to Section 90-342 That the City Council for the City of Okeechobee, Florida amends herein Part II of the Code of Ordinances, Subpart B-Land Development Regulations, Chapter 90, ZONING, ARTICLE III -District Regulations, Division 10-Industrial District, Section Ordinance No.1130 - Page 4 of 7 Language to be added is underlined. Language to be deleted is sbask-through. 90-342 Permitted uses to expand the list of uses to include Retail pool supplies and equipment, water treatment services, and pest control (all including storage of chemicals for use and/or retail sale) to read as follows: The following principal uses and structures are permitted in the IND district: (1) Business office. (2) Business school. (3) Retail service, retail store including outdoor display of merchandise. (4) Research laboratory. (5) Manufacturing, processing, except those which produce explosives. (6) Mechanical and repair services. (7) Bulk storage of nonhazardous material. (8) Off -site sign. (9) Outdoor sales and storage, building contractor. (10) Wholesale sales and distribution. (11) Enclosed warehouse and storage. (12) Commercial laundry, dry cleaner. (13) Printing. (14) Auto service station, car wash. (15) Drive -through service. (16) Parking garage, parking lot. (17) Radio, television or cable reception, transmission or operational facilities. (18) Veterinary service. (19) Railroad facilities. (20) Public utility. (21) Public facility. (22) Storefront church located in a unit in a multi -use building or shopping center. (23) Cafe. (24) Barbershop, beauty shop. (25) Dry cleaner/laundry. (26) Nail care. (27) Shoe repair. (28) Tailor. (29) Limited agriculture of a commercial nature on properties on which there is an active agricultural exemption, which was granted by the Okeechobee Property Appraiser not later than September 19, 2013. (30) Retail pool supplies and equipment. (including storage of chemicals for use and/or retail sale). (31) Water treatment services. (including storage of chemicals for use and/or retail sale). (32) Pest control (including storage of chemicals for use and/or retail sale). SECTION 8: Amendment and Adoption to Section 90-512 That the City Council for the City of Okeechobee, Florida amends herein Part 11 of the Code of Ordinances, Subpart B-Land Development Regulations, Chapter 90, ZONING, ARTICLE IV -Supplementary District Regulations, Division 3 Off-street parking and loading, Section 90-512-Space regulations, Subsection (2) Commercial uses, to include minimum parking requirements for indoor auction houses with and without fixed seating, nail salon, retail service, and personal service, to read as follows: 2) Commercial Uses: Shopping center, Rretail store, retail service, and personal service, 1 per 300 square feet of floor area service, except as may otherwise be s ecificall identified in this section. or Furniture or appliance store 1 per 500 square feet of floor area Professional office, business 1 per 300 square feet of floor area service Medical office 1 per 180 square feet of floor area Nursery, lumberyard 1 per 250 square feet of floor area Restaurant, nightclub 1 per 75 square feet of floor area Ordinance No. It 30 - Page 5 of 7 Language to be added is underlined. Language to be deleted is sEwsk14ueugh. 071 M Barbershop, beauty shop, and nail 2 per service chair salon Hotel, motel 1 per bedroom, plus 5 spaces, plus accessory uses Auto service, repair or wash 1 per 150 square feet of floor area Automobile sales 1 per 400 square feet of floor area, plus 1 per 1,500 square feet of outdoor area used for sales or display. Auction house (indoor), or 1 per 3 seats in the area used for the storefront church with fixed seating auction, or in the assembly area used for worshipFor pews, each 18 inches shall equal . one seat. Auction house (indoor), or 1 space for each 90 square feet of storefront church without fixed area used for the auction or assembly seating area used for worship up to 1,470 square feet, plus 1 space for each 45 square feet of additional assembly area used for the auction or worship in excess of 1,470 square feet. SECTION 9: Amendment and Adoption to Sections 90406(b) and 90-672(a)(3) That the City Council for the City of Okeechobee, Florida amends herein Part II of the Code of Ordinances, Subpart B-Land Development Regulations, Chapter 90, ZONING, Sections 90-105(b) and 90-572(a)(3) to correct a typographical error and incorrect reference, respectively, to read as follows: Section 90-105 (b) Minimum yard requirements. The maximum minimum yard requirements in the RSF 1 district, except where greater distance is required by yard setback, shall be as follows: Section 90-572(a) (3) Where building signs are placed upon more than one side of the building, the combined sign face areas, shall not exceed that amount permitted by subsection 4a M above. SECTION 10: Conflict. That all laws or ordinances in conflict with any provision of this ordinance are hereby repealed to the extent of such conflict. SECTION 11: Severability. If any provision or portion of this ordinance is declared by any court of competent jurisdiction to be void, unconstitutional, or unenforceable, then all remaining provisions and portions of this ordinance shall remain in full force and effect. SECTION 12: Effective Date. This Ordinance shall take effect immediately upon its passage. INTRODUCED for first reading and set for final public hearing on this 5rh day of January, 2016. James E. Kirk, Mayor ATTEST: Lane Gamiotea, CIVIC, City Clerk Ordinance No.1130 - Page 6 of 7 Language to be added is underlined. Language to be deleted is sWGk through. In PASSED AND ADOPTED after Second and Final Public Hearing this 191h day of January, 2016. James E. Kirk, Mayor ATTEST: Lane Gamiotea, CMC, City Clerk REVIEWED FOR LEGAL SUFFICIENCY: John R. Cook, City Attorney Ordinance No.1130 - Page 7 of 7 Language to be added is underlined. Language to be deleted is stFasktHreagp. I.. Fyi t'i-b'f I INDEPENDENT NEWSMEDIA INC. USA STATE OF FLORIDA COUNTY OF OKEECHOBEE Before the undersigned authority personally appeared Katrina Elsken, who on oath says she is the Publisher of the Okeechobee News, a three times a week Newspaper published at Okeechobee, in Okeechobee County, Florida, that the attached copy of advertisement being a 41 . m . 41.4__r�J in the matter ofn ij in the 19th Judicial District of the Circuit Court of Okeechobee County, Florida, was published in said newspaper in the issues of _ 1/161/6 Affiant further says that the said Okeechobee News is a newspaper published at Okeechobee, in said Okeechobee County, Florida, and that said newspaper has heretofore been published continuously in said Okeechobee County, Florida each week and has been entered as second class mail matter at the post office in Okeechobee, in said Okeechobee County, Florida, for a period of one year next preceding the first publication of the attached copy of advertisement, and affiant further says that she has neither paid nor promised any person, firm or corporation any discount, rebate, commission or refund for the purpose of securing this advefor publication in the said newspaper. 7z Katrina Elsken Sworn to and subscribed b fore me this / (tit day of t � AD Notary Public, State of Florida at Large .� MV WA7w1155bN 1 EE t77663 EXPIRES: Ppfd 20, 2016 �"'���""" 6dM,eriniHalayPwAcuntlercrtners Okeechobee News 107 SW 17th Street, Suite D Okeechobee, Florida 34974 863-763-3134 NOTICE OF PROPOSED LAND DEVELOPMENT REGULATION TEXT AMENDMENTS I PUBLIC NOTICE: the City Council the City of Okeechobee, FL, will on Tues January 19, 2016, at 6:00 PM, ors soon thereafter possible, at City Hall 55 SE 3rd Ave, Okeechobee, FL, conduct a Public Hearing to consider Fi• nal Reading for proposed Ordinance into law: No. 1130: AN ORDINANCE OF THE CITY OF OKEECHOBEE, FLORIDA, PROVIDING FOR AMENDMENTS TO PART 11 OF THE CODE OF ORDINANCES, SUBPART•B-LAND DEVELOP- MENT REGULATIONS; PROVIDING FOR AMENDMENTS CHAPTER 66-GEN- ERAL PROVISIONS TO INCLUDE A DEFINITION WITHIN SECTION 66-1 FOR YOUTH CENTER; PROVIDING FOR AMENDMENTS TO CHAPTER 90-ZONING, ARTICLE III -DISTRICT AND DISTRICT REGULATIONS, SPECIFICALLY: DIVI- SION 5-RESIDENTIAL MULTIPLE -FAMILY DISTRICT SECTION 90-193, TO INCLUDE YOUTH CENTER AND RECOVERY CENTER/SOBER HOME WITHIN THE LIST OF SPECIAL EXCEPTION USES; DIVISION 7-LIGHT COMMERCIAL DISTRICT SECTION 90452, TO INCLUDE CONVENIENCE STORE WITHIN THE LIST OF PERMITTED USES AND SECTION 90-253, TO INCLUDE ALCO- HOL AND DRUG REHABILITATION CENTER/DETOX CENTER AND RECOVERY CENTER/SOBER HOME WITHIN THE LIST OF SPECIAL EXCEPTION USES; DIVISION 8-HEAVY COMMERCIAL DISTRICT SECTION 90-282, TO INCLUDE CONVENIENCE STORE AND INDOOR AUCTION HOUSE WITHIN THE UST OF PERMITTED USES AND SETION 90-283, TO INCLUDE ALCOHOL AND DRUG REHABILITATION CENTS, JTOX CENTER, INDOOR AUCTION, CON- VENIENCE STORE WITH FUEL PUS, RETAIL POOL SUPPLIES AND EQUIP- MENT, WATER TREATMENT SERES, AND PEST CONTROL (ALL INCLUD- ING STORAGE OF CHEMICALS FOR USE AND/OR RETAIL SALE) WITHIN THE LIST OF SPECIAL EXCEPTION USES; DIVISION 10-INDUSTRIAL DISTRICT, SECTION 90-342, TO INCLUDE RETAIL POOL SUPPLIES AND EQUIPMENT, WATER TREATMENT SERVICES, AND PEST CONTROL (ALL INCLUDING STORAGE OF CHEMICALS FOR USE AND/OR RETAIL SALE) WITHIN THE LIST OF PERMITTED USES; PROVIDING FOR AMENDMENTS TO CHAPTER 90-ZONING, ARTICLE IV SUPPLEMENTARY DISTRICT REGULATIONS, DI- VISION 3, OFF-STREET PARKING AND LOADING, SECTION 90-512-SPACE REGULATIONS, SUBSECTION (2) COMMERCIAL USES, TO INCLUDE MINI- MUM PARKING REQUIREMENTS FOR INDOOR AUCTION HOUSES WITH AND WITHOUT FIXED SEATING, NAIL SALON, RETAIL SERVICE AND PERSONAL SERVICE; AMENDING CHAPTER 90-ZONING, SECTIONS 90-105 AND 90- 572 TO CORRECT A TYPOGRAPHICAL ERROR AND INCORRECT REFER- ENCE, RESPECTIVELY; PROVIDING FOR CONFLICTS, PROVIDING FOR SEV- ERABILITY; PROVIDING FOR AN EFFECTIVE DATE. The proposed amendment ay be viewed on the website, cityofokeechobee. com, or at the Office of theity Clerk, during normal business hours, Mon -Fri, 8 AM-4:30 PM, at the addre above. ANY PERSON DECIDING TO APPEAL any decision made by the City Council with respect to.any matter considered at this meeting will need to ensure a verbatim record of the proceeding is made and the record includes the testimony and evidence upon which the appeal will be based. In accordance with the Americans with Disabilities Act (ADA), any person with a disability as defined by the ADA, that needs special accommodation to participate in this proceeding, contact the City Clerk's Office no later than two business days prior to proceeding, 863-763-3372. BE ADVISED that should you intend to show any document, picture, video or items to the Council in support or opposition to any item on the agenda; a copy of the document, picture, video, or item MUST be provided to the City Clerk for the City's records. Published by: Lane Gamiotea, CMC, City Clerk �- Exhibit 2 Lava Offices Jan 19, 2016 Christiansen & Delmer, P.A. 63 Sarasota Center Blvd. Suite 107 Sarasota, Florida 34240 • 941-377-2200 • Fax 941-377.4848 November 6, 2015 Mr. Marcos Montes De Oca City Administrator City of Okeechobee 55 S.E. 3RD Avenue Okeechobee, FL 34974-2032 Re: City of Okeechobee Municipal Police Officers' Pension Trust Fund - Proposed Ordinance Dear Mr. Montes De Oca: I represent the Board of Trustees of your City of Okeechobee Municipal Police Officers' Pension Trust Fund. Enclosed please find a proposed ordinance amending the City of Okeechobee Municipal Police Officers' Pension Trust Fund that has been approved by the Board and recommended for adoption by the City Council. With the recent adoption by the Florida Legislature of Chapter 2015-39, Laws of Florida, and changes to the Internal Revenue Code (IRC) and its associated Regulations, as well as guidance from the Internal Revenue Service (IRS), the following amendments to the pension plan are proposed: Section 1, Definitions, is being amended for IRC changes and requirements, to amend the definitions of: a. Actuarial Equivalent - to amend the definition to incorporate the Mortality Table currently being used by the plan's actuary b. Credited Service - to clarify IRC regulations on leave conversions C. Spouse - To clarify the definition in accordance with a recent US Supreme Court ruling 2. Section 6, Benefit amounts and eligibility, is being amended to change the Normal Retirement Date to include IRC required language regarding Normal Retirement Age and Normal Retirement Date. Section 8, Disability, is being amended to more clearly identify those individuals who may be eligible to apply for a disability pension who have been terminated by the City due to medical reasons. 4. Section 10, Optional Foims of Benefits, has been amended to: M M Ms. Montes De Oca November 6, 2015 Page 2 a. Amend the optional form of benefit known as a partial lump sum option (PLOP), to clarify that the percentage chosen is calculated as a percent of the total actuarial equivalent value of the member's benefit. b. Amend subsection 2. to clarify that if proof of good health of a joint pensioner who is being replaced is not provided, the actuary will assume that the joint pensioner is deceased for purposes of calculating the revised benefit amount. 5. Section 15, Maximum Pension, has had several subsections amended to comply with IRC changes. 6. Section 16, Minimum Distribution of Benefits, is being amended for a reference clarification in subsection 2.B.(4). 7. Section 27, Prior Police Service, subsection 5., is being amended to correct a reference. 8. Section 28, Deferred Retirement Option Plan, is being amended in accordance with recent direction from the IRS in connection with the issuance of several recent Favorable Determination Letters to: i) clarify investment returns on DROP accounts, ii) clarify when interest.and earnings are calculated and paid, and iii) add several sections clarifying the DROP provisions as required by the IRS. 9. Section 30, Supplemental Benefit Component for Special Benefits; Chapter 185 Share Accounts, is a new Section being added to the plan. This Section creates a 'Share Plan', or defined contribution component, and the addition of a share plan is a requirement of recently adopted Chapter 2015-39, Laws of Florida, for all pension plans that are subject to the provisions of Chapters 175 and 185, Florida Statutes. This Share Plan provides for a share account for each member of the plan. The Share Plan is to be funded solely and entirely by Chapter 185, Florida Statutes, premium tax monies for each plan year that funding is made available to it in accordance with governing Florida Statutes and/or mutual agreement between the City and the plan members. This supplemental benefit, therefore, may or may not be funded. If the share plan is funded, at retirement, termination (vested), disability or death, there is an additional lump sum benefit paid to the eligible member. In this ordinance available share plan funding is allocated to the members' accounts based on a formula which provides an allocation based on years of credited service. Other allocation methods (i.e. equal allocation) could be considered if requested by the plan membership. Each share account receives its proportionate share of the income or loss on the assets in the plan. cm rr+' Ms. Montes De Oca November 6, 2015 Page 3 I am enclosing a copy of a letter from the Board's actuary, Gabriel Roeder Smith & Company, indicating that there is no cost associated with the adoption of this ordinance. If you or any member of your staff have any questions with regard to this ordinance, please feel free to give me a call. In addition, if you feel it would be appropriate for me to be present at the meeting at which this ordinance is considered by the City Council, please contact my office to advise me of the date that the ordinance would be considered. VYoursvey, Scott R. Christiansen SRC/dm enclosure cc: Bettye Taylor Janet McKinley Gabriel Roeder Smith &: Company Ono East Broward Blvd. 954527.1616 phone Consultanrc & Actuaries Suite 505 954.525.0093 fox R Lauderdale, FL 33301-1804 www.gabriciroeder.com October 28, 2015 Detective Bettye Taylor City of Okeechobee 50 SE 2nd Avenue Okeechobee, FL 34974-4221 Re: Okeechobee Municipal Police Officers' Pension Trust Fund Actuarial Impact Statement for Proposed Ordinance Dear Bettye: We have reviewed the proposed ordinance amending the Okeechobee Municipal Police Officers' Pension Trust Fund drafted by Scott Christiansen aid dated September 25, 2015. This ordinance would amend the Plan as follows: ■ Changes the definitions ofActuarial Equivalent to use a new mortality table, Credited Set -vice to reflect IRC changes and requirements, and spouse to reflect a Supreme Court ruling. • Includes IRC required language regarding Normal Retirement Age. • More clearly includes members terminated from the City for medical reasons who may be eligible for a disability pension. • For Partial LuvW Sum Option (PLOP), clariftes That the amount is 20% of the total actuarial equivalent value of the member's benefit • Requires proof of good health of the current joint pensioner for purposes of calculating revised benefit amounts when there is a change in joint pensioner. • Amends maximum pez:sion to comply with IRC changes. • Amends minitnunt distribution of benefits for a reference clarification in subsection 2.B. (4). • Amends prior police service to correct a reference in subsection 5. • Amends Deferred Retirement Option Plan (DROP)to clarify investment returns, when interest and earnings are calculated and paid and adds clarifying language as required by the IRS. • Creates a Share Plan. as a Supplemental Bent Componeni for Special Benefits funded by Chapter 185, Florida Statutes. In our opinion, this amendment will have no actuarial impact on the Plan. Detective Bettye Taylor City of Okeechobee October 2g, 2015 Page 2 The attached Statement must be filed with the Division of Retirement before the final public hearing on the ordinance. Please have a member of the Board of Trustees sign the Statement. Then send the Statement along with a copy of the proposed ordinance to Tallahassee. Theora P Braccialarghe and Jeff Amrose are members of the American Academy of Actuaries and meet the Qualification Standards of the American Academy of Actuaries to render the actuarial opinions contained herein. The undersigned actuaries are independent of the plan sponsor. This report has been prepared by actuaries who have substantial experience valuing public employee retirement systems. To the best of our knowledge the information contained in this report is accurate and fairly presents the actuarial position of the Plan as ofthe valuation date Respectfully submitted, Theory P. Braccialarghe, FSA, MAAA Enrolled Actuary No. 14-2826 cc: Scott Christiansen, Plan Attorney Dennis Davis, Board Chair Janet McKinley Aw (J.-., Jeff Amrose, MAAA Enrolled Actuary No. 14-6599 Gabriel Roeder Smitb & Company M CM OKF,WROBEE MUNICIPAL POLICE OFFICERS' PENSION TRUST FUND Impact Statement-- October 28, 2015 Description ofAmendment The proposed ordinance amends the plan as follows: • Changes the definitions of actuarial Equivaleni to use a new mortality table, Credited ,Service to reflect IRC changes and requirements, and spouse to reflect a Supreme Court ruling. • Includes MC required language regarding Normal Retirement Age. - ■ More clearly includes members terminated from the City for medical reasons who may be eligible for a disability pension. = For Parlial Lump Sum Option (PLOP), clariftes that the amount is 20M of the total actuarial equivalent value of the member's benefit. • Requires proof of good health of the current joint pensioner for purposes of calculating revised bene, u amounts when there is a change in joint pensioner. • Amends ma durum pension to comply with IRC changes. • Amends minimum distribution of benefits for a reference clarification in subsection 2.B. (4). • Amends prior police service to correct a reference in subsection 5. • Amends Deferred Retirement Option Plan (DROP)to clarify investment returns, when interest and earnings are calculated and paid, and adds clarifying language as required by the IRS • Creates a Share Plan as a Supplemental Benefit Component for Special Benefits funded by Chapter 185, Florida Statutes. Funding Implications of Amendment There is no actuarial cost due to this ordinance. Certification of Administrator I believe the amendment to be in compliance with Part VII, Chapter 112, Florida Statutes and Section 14, Article X of the Constitution of the State of Florida. 44heoard oMustees as Plan Administrator Gabriel Roeder Smitb & Company *ftw ORDINANCE NO. n3i AN ORDINANCE OF THE CITY OF OKEECHOBEE AMENDING THE CITY OF OKEECHOBEE MUNICIPAL POLICE OFFICERS' PENSION TRUST FUND, ADOPTED PURSUANT TO ORDINANCE 888, AS SUBSEQUENTLY AMENDED; AMENDING SECTION 1, DEFINITIONS; AMENDING SECTION 6., BENEFIT AMOUNTS AND ELIGIBILITY; AMENDING SECTION 8, DISABILITY; AMENDING SECTION 10, OPTIONAL FORMS OF BENEFITS; AMENDING SECTION 15, MAXIMUM PENSION; AMENDING SECTION 16, MINIMUM DISTRIBUTION OF BENEFITS; AMENDING SECTION 27, PRIOR POLICE SERVICE; AMENDING SECTION 28, DEFERRED RETIREMENT OPTION PLAN; ADDING SECTION 30, SUPPLEMENTAL BENEFIT COMPONENT FOR EXTRA BENEFITS; CHAPTER 185 SHARE ACCOUNTS; PROVIDING FOR CODIFICATION; PROVIDING FOR SEVERABILITY OF PROVISIONS; REPEALING ALL ORDINANCES IN CONFLICT HEREWITH AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City of Okeechobee Police Officer employees are presently provided pension and certain other benefits under Ordinances of the City of Okeechobee; and WHEREAS, it becomes necessary from time to time to amend said ordinances in order to clarify or restate certain provisions of the ordinance, or to enact amendments to comply with revised Federal regulations; NOW THEREFORE, be it ordained before the City Council of the City of Okeechobee, Florida; presented at a duly advertised public meeting; and passed by majority vote of the City Council; and properly executed by the Mayor or designee, as Chief Presiding Officer for the City: SECTION 1: That the City of Okeechobee Municipal Police Officers' Pension Trust Fund, adopted pursuant to Ordinance No. 888, as subsequently amended, is hereby further amended by amending Section 1, Definitions, to amend the definitions of "Actuarial Equivalent", "Credited Service" and "Spouse", to read as follows: Actuarial Equivalent means that any benefit payable under the terms of this System in a form other than the normal form of benefit shall have the same actuarial present value on the date payment commences as the normal form of benefit. For purposes of establishing the actuarial present value of any form of payment other than a lump sum distribution, all future payments shall be discounted for interest and mortality by using seven percent (7.0%) interest and the 1994 Group Annuity Mortality Table for Males RP - back five (5) years for disabled lives. This definition may only be amended by the City pursuant to the recommendation of the Board using assumptions adopted by the Board with the advice of the plan's actuary, such that actuarial assumptions are not subject to City discretion. Credited Service means the total number of years and fractional parts of years of service as a Police Officer with Member contributions when required, omitting intervening years or fractional parts of years when such Member was not employed by the City as a Police Officer. A Member may voluntarily leave his Accumulated Contributions in the Fund for a period of five (5) years after leaving the employ of the Police Department pending the possibility of being reemployed as a Police Officer, without losing credit for the time that he was a Member of the System. If a vested Member leaves the employ of the Police Department, his Accumulated Contributions will be returned only upon his written request. If a Member who is not vested is not reemployed as a Police Officer with the Police Department within five (5) years, his Accumulated Contributions, if one -thousand dollars ($1,000.00) or less, shall be returned. If a Member who is not vested is not reemployed within five (5) years, his Accumulated Contributions, if more than one -thousand dollars ($1,000.00), will be returned only upon the written request of the Member and upon completion of a written election to receive a cash lump sum or to rollover the lump sum amount on forms designated by the Board. Upon return of a Member's Accumulated Contributions, all of his rights and benefits under the System are forfeited and terminated. Upon any reemployment, a Police Officer shall not receive credit for the years and fractional parts of years of service for which he has withdrawn his Accumulated Contributions from the Fund, unless the Police Officer repays into the Fund the contributions he has withdrawn, with interest, as determined by the Board, within ninety (90) days after his reemployment. The years or fractional parts of years that a Member performs "Qualified Military Service" consisting of voluntary or involuntary "service in the uniformed services" as defined in the Uniformed Services Employment and Reemployment Rights Act (USERRA) (P.L.103-353), after separation from employment as a Police Officer with the City to perform training or service, shall be added to his years of Credited Service, for all purposes, including vesting, provided that: A. The Member is entitled to reemployment under the provisions of USERRA. B. The Member returns to his employment as a Police Officer within one (1) year from the earlier of the date of his military discharge or his release from active service, unless otherwise required by USERRA. C. The maximum credit for military service pursuant to this paragraph shall be five (5) years. D. This paragraph is intended to satisfy the minimum requirements of USERRA. To the extent that this paragraph does not meet the minimum standards of USERRA, as it may be amended from time to time, the minimum standards shall apply. In the event a Member dies on or after January 1, 2007, while performing USERRA Qualified Military Service, the beneficiaries of the Member are entitled to any benefits (other than benefit accruals relating to the period of qualified military service) as if the Member had resumed employment and then died while employed. Beginning January 1, 2009, to the extent required by Section 414(u)(12) of the Code, an individual receiving differential wage payments (as defined under Section 3401(h)(2) of the Code) from an employer shall be treated as employed by that employer, and the differential wage payment shall be treated as compensation for purposes of applying the limits on annual additions under Section 415(c) of the Code. This provision shall be applied to all similarly situated individuals in a reasonably equivalent manner. Souse means the lawful vvife or husband of a Member or Ret Member's or Retiree's spouse under applicable law at the time benefits become payable. SECTION 2: That the City of Okeechobee Municipal Police Officers' Pension Trust Fund, adopted pursuant to Ordinance No. 888, as subsequently amended, is hereby further amended by amending Section 6, Benefit Amounts and Eligibility, subsection 1, Normal Retirement Date, to read as follows: 1. Normal Retirement Age and Date. SECTION 3: That the City of Okeechobee Municipal Police Officers' Pension Trust Fund, adopted pursuant to Ordinance No. 888, as subsequently amended, is hereby further amended by amending Section 8, Disability, subsection 1., Disability Benefits In - Line of Duty, and subsection 3., Disability Benefits Not -in -Line of Duty, to read as follows: 1. Disability Benefits in -Line -of Duty. Any Memberwho shall become totallyand permanently disabled to the extent that he is unable, by reason of a medically determinable physical or mental impairment, to render useful and efficient service as a Police Officer, which disability was directly caused by the performance of his duty as a Police Officer, shall, upon establishing the same to the satisfaction of the Board, be entitled to a monthly pension equal to three percent (3%) of his Average Final Compensation multiplied by the total years of Credited Service, but in any event, the minimum amount paid to the Member shall be forty-two percent (42%) of the Average Final Compensation of the Member. Terminated persons, either vested or non -vested, are not eligible for disability benefits, exeept that these 3. Disability Benefits Not -in -Line of Duty. Any Member with five (5) years or more Credited Service who shall become totally and permanently disabled to the extent that he is unable, by reason of a medically determinable physical or mental impairment, to render useful and efficient service as a Police Officer, which disability is not directly caused by the performance of his duties as a Police Officer shall, upon establishing the same to the satisfaction of the Board, be entitled to a monthly pension equal to the greater of (i) or (ii) where (i) is two percent (2%) of Average Final Compensation multiplied by the total years of Credited Service and (ii) is a benefit determined in the same manner as for early retirement as set forth in Section 6, subsection 4B. In any event, the minimum amount paid to the Member shall be twenty-five percent (25%) of his Average Final Compensation. Terminated persons, either vested or non -vested, are not eligible for disability benefits, exeept that those terminated by the Git SECTION 4: That the City of Okeechobee Municipal Police Officers' Pension Trust Fund, adopted pursuant to Ordinance No. 888, as subsequently amended, is hereby further amended by amending Section 10, Optional Forms of Benefits, subsection 1.D., and subsection 2., to read as follows: D. For any Member who does not participate in the DROP pursuant to Section 28, a lump sum payment payable to the Retiree equal to twenty percent (20%) of the total actuarial equivalent present value of the Retiree's accrued benefit at the date of retirement with the remaining eighty percent (80%) payable to the Retiree in a form *60 selected by the Retiree and provided for in A. or B or C above or in the normal form (10 year certain and life). A Retiree who is a participant in the Deferred Retirement Option Plan shall not be eligible to select this partial lump sum option. 2. The Member, upon electing any option of this Section, will designate the joint pensioner (subsection 1.A. above) or Beneficiary (or Beneficiaries) to receive the benefit, if any, payable under the System in the event of Member's death, and will have the power to change such designation from time to time. Such designation will name a joint pensioner or one (1) or more primary Beneficiaries where applicable. A Member may change his Beneficiary at any time. If a Member has elected an option with a joint pensioner and the Member's retirement income benefits have commenced, the Member may thereafter change his designated Beneficiary at any time, but may only change his joint pensioner twice. Subject to the restriction in the previous sentence, a Member may substitute a new joint pensioner for a deceased joint pensioner. In the absence of proof SECTCON 5: That the City of Okeechobee Municipal Police Officers' Pension Trust Fund, adopted pursuant to Ordinance No. 888, as subsequently amended, is hereby further amended by amending Section 15, Maximum Pension, subsections 6., 8., 12.B., and by adding subsection 13., to read as follows: 6. Less than Ten (10) Years of Participation ar-Serviee. The maximum retirement benefits payable under this Section to any Member who has completed less than ten (10) years of Gredited Serviee vdth the Gity participation shall be the amount determined under subsection 1 of this Section multiplied by a fraction, the numerator of which is the number of the Member's years of Gredit_d Service participation and the denominator of which is ten (10). The reduction provided by this subsection cannot reduce the maximum benefit below 10% of the limit determined without regard to this subsection. The reduction provided for in this subsection shall not be applicable to pre -retirement disability benefits paid pursuant to Section 8 or pre -retirement death benefits paid pursuant to Section 7. Ten Thousand Dollar ($10,000) Limit: Less Than Ten Years of Service. Notwithstanding anything in this Section 15, the retirement benefit payable with respect to a Member shall be deemed not to exceed the limit set forth in this subsection 8. of Section 15 if the benefits payable, with respect to such Member under this System and under all other qualified defined benefit pension plans to which the City contributes, do not exceed ten thousand dollars ($10,000) for the applicable limitation year and or for any prior limitation year, and the City has not at any time maintained a qualified defined contribution plan in which the Member participated; provided, however, that if the Member has completed less than ten (10) years of Credited Service with the City, the limit under this subsection 8. of Section 15 shall be a reduced limit equal to ten thousand dollars ($10,000) multiplied by a fraction, the numerator of which is the number of the Member's years of Credited Service and the denominator of which is ten (10). 12. B. No Member of the System shall be allowed to receive a retirement benefit or pension which is in part or in whole based upon any service with respect to which the Member is already receiving, or will receive in the future, a retirement benefit or pension from a different employer's retirement system or plan. This restriction does not apply to social security benefits or federal benefits under Chapter 6-7 1223, Title 10, U.S. Code. 13. Effect of Direct Rollover on 415(b) Limit. lm SECTION 6: That the City of Okeechobee Municipal Police Officers' Pension Trust Fund, adopted pursuant to Ordinance No. 888, as subsequently amended, is hereby further amended by amending Section 16, Minimum Distribution of Benefits, subsection 2.B.(4), to read as follows: 2. B. (4) If the Member's surviving spouse is the Member's sole designated beneficiary and the surviving spouse dies after the Member but before distributions to the surviving spouse begin, this subsection 2.B., other than subsection 2.B.(1), will apply as if the surviving spouse were the Member. For purposes of this subsection 2.6. and subseetia, distributions are considered to begin on the Member's required beginning date or, if subsection 2.B.(4) applies, the date of distributions are required to begin to the surviving spouse under subsection 2.13.(1). if annuity payments irrevocably commence to the Member before the Member's required beginning date (or to the Member's surviving spouse before the date distributions are required to begin to the surviving spouse under subsection 2.B.(1)), the date distributions are considered to begin is the date distributions actually commence. SECTION 7: That the City of Okeechobee Municipal Police Officers' Pension Trust Fund, adopted pursuant to Ordinance No. 888, as subsequently amended, is hereby further amended by amending Section 27, Prior Police Service, subsection 5., to read as follows: 5. In no event, however, may Credited Service be purchased pursuant to this Section for prior service with any other municipal, county or state law enforcement department, if such prior service forms or will form the basis of a retirement benefit or pension from a different employer's retirement system or plan as set forth in Section 15, subsection 4 012.B. SECTION 8: That the City of Okeechobee Municipal Police Officers' Pension Trust Fund, adopted pursuant to Ordinance No. 888, as subsequently amended, is hereby further amended by amending Section 28, Deferred Retirement Option Plan, to read as follows: SECTION 28. DEFERRED RETIREMENT OPTION PLAN. 1. Definitions. As used in this Section 28, the following definitions apply:" A. "DROP" -- The City of Okeechobee Police Officers' Deferred Retirement Option Plan. B. "DROP Account" — The account established for each DROP participant under subsection 3. C "Total return of the assets" — For purposes of calculating earnings on a Member's DROP Account pursuant to subsection 3.13.(2)(b). for each fiscal year quarter, the percentage increase (or decrease) in'the interest and dividends earned on investments including realized and unrealized gains (or losses) of the total plan assets. 2. Participation. A. Eligibility to Participate. Lon En In lieu of terminating his employment as a Police Officer, any Member who is eligible for normal retirement under the System may elect to defer receipt of such service retirement pension and to participate in the DROP. B. Election to Participate. A Member's election to participate in the DROP must be made in writing in a time and manner determined by the Board and shall be effective on the first day of the first calendar month which is at least fifteen (15) business days after it is received by the Board. C. Period of Participation. A Member who elects to participate in the DROP under subsection 2.B., shall participate in the DROP for a period not to exceed sixty (60) months beginning at the time his election to participate in the DROP first becomes effective. An election to participate in the DROP shall constitute an irrevocable election to resign from the service of the City not later than the date provided for in the previous sentence. A Member may participate only once. D. Termination of Participation. (1) A Member's participation in the DROP shall cease at the earlier of: (a) the end of his permissible period of participation in the DROP as determined under subsection 2.C.; or (b) termination of his employment as a Police Officer. (2) Upon the Member's termination of participation in the DROP, pursuant to subsection (a) above, all amounts provided for in subsection 3.B., including monthly benefits and investment earnings and losses or interest, shall cease to be transferred from the System to his DROP Account. Any amounts remaining in his DROP Account shall be paid to him in accordance with the provisions of subsection 4. when he terminates his employment as a Police Officer. (3) A Member who terminates his participation in the DROP under this subsection 2.D. shall not be permitted to again become a participant in the DROP. E. Effect of DROP Participation on the System. (1) A Member's Credited Service and his accrued benefit under the System shall be determined on the date his election to participate in the DROP first becomes effective. For purposes of determining the accrued benefit, the Member's Salary for the purposes of calculating his Average Final Compensation shall include an amount equal to any lump sum payments which would have been paid to the Member and included as Salary as defined herein, had the Member retired under normal retirement and not elected DROP participation. Member contributions attributable to any lump sums used in the benefit calculation and not actually received by the Member shall be deducted from the first payments to the Member's DROP Account. The Member shall not accrue any additional Credited Service or any additional benefits under the System (except for any supplemental benefit pavabie to DROP participants or any additional benefits provided under any cost -of -living adjustment for Retirees in the System) while he is a participant in the DROP. After a Member commences participation, he shall not be permitted to again contribute to the System nor shall he be eligible for disability or pre -retirement death benefits, except as provided for in Section 29, Reemployment After Retirement. (2) No amounts shall be paid to a Member from the System while the Member is a participant in the DROP. Unless otherwise specified in the System, if a Member's participation in the DROP is terminated other than by terminating his employment as a Police Officer, no amounts shall be paid to him from the System until he terminates his employment as a Police Officer. Unless otherwise specified in the System, amounts transferred from the System to the Member's DROP Account shall be paid directly to the Member only on the termination of his employment as a Police Officer. 3. Funding. A. Establishment of DROP Account. A DROP Account shall be established for each Member participating in the DROP. A Member's DROP Account shall consist of amounts transferred to the DROP under subsection 3.B., and earnings or interest on those amounts. B. Transfers From Retirement System. (1) As of the first day of each month of a Member's period of participation in the DROP, the monthly retirement benefit he would have received under the System had he terminated his employment as a Police Officer and elected to receive monthly benefit payments thereunder shall be transferred to his DROP Account, except as otherwise provided for in subsection 2.D.(2). A Member's period of participation in the DROP shall be determined in accordance with the provisions of subsections 2.C. and 2.D., but in no event shall it continue past the date he terminates his employment as a Police Officer. (2) Except as otherwise provided in subsection 2.D.(2), a Member's DROP Account under this subsection 3.6. shall be debited or credited after eaeh fiseal year quarter with either: (a) Interest at an effective rate of six and one-half percent (6.5%) per annum compounded monthly determined on the last business day of the prior month's ending balance and credited to the Member's DROP Account as of such date (to be applicable to all current and future DROP participants); or (b) Earnings, to be credited or debited to the Member's DROP Account determined as of the last business day of each fiscal year guarter and debited or credited as of such date, determined as follows: The average daily balance in a Member's DROP Account shall be credited or debited at a rate equal to the net investment return realized by the System for that quarter. "Net investment return" for the purpose of this paragraph is the total return of the assets in which the Member's DROP Account is invested by the Board net of brokerage commissions, transaction costs and management fees. Upon electing participation in the DROP, the Member shall elect to receive either interest or earnings on his account to be determined as provided above. The Member may, in writing, elect to change his election only once during his DROP participation. An election to change must be made prior to the end of a quarter and shall be effective beginning the following quarter. (3) A Member's DROP Account shall only be credited or debited with earnings or interest and monthly benefits while the Member is a participant in the DROP. A Member's final DROP account value for distribution to the Member upon termination of participation in the DROP shall be the value of the account at the end of the quarter immediately preceding termination of participation for participants electing the net plan return and at the end of the month immediately preceding termination of Participation for participants electing the flat interest rate return, plus any monthly periodic additions made to the DROP account subsequent to the end of the previous quarter or month, as applicable, and prior to distribution. If a Member fails to terminate employment after participating in the DROP for the permissible period of DROP participation, then beginning with the Member's 1st month of employment following the last month of the permissible period of DROP participation, the Member's DROP Account will no longer be credited or debited with earnings or interest, nor will monthly benefits be transferred to the DROP account. All such non - transferred amounts shall be forfeited and continue to be forfeited while the Member is employed by the Police Department, and no cost -of -living adjustments shall be applied to the Member's credit during such period of continued employment. A Member employed by the Police Department after the permissible period of DROP participation will be eligible for pre -retirement death and disability benefits, and will accrue additional Credited Service, only as provided for in Section 29. Distribution of DROP Accounts on Termination of Employment. A. Eligibility for Benefits. A Member shall receive the balance in his DROP Account in accordance with the provisions of this subsection 4. upon his termination of employment as a Police Officer. Except as provided in subsection 4.E, no amounts shall be paid to a Member from the DROP prior to his termination of employment as a Police Officer. B. Form of Distribution. (1) Unless the Member elects otherwise, distribution of his DROP Account shall be made in a lump sum, subject to the direct rollover provisions set forth in subsection 4.17. Elections under this paragraph shall be in writing and shall be made in such time or manner as the Board shall determine. (2) If a Member dies before his benefit is paid, his DROP Account shall be paid to his Beneficiary in such optional form as his Beneficiary may select. if no Beneficiary designation is made, the DROP Account shall be distributed to the Member's estate. C. Date of Payment of Distribution. Except as otherwise provided in this subsection 4., distribution of a Member's DROP Account shall be made as soon as administratively practicable following the Member's termination of employment. Distribution of the amount in a Member's DROP account will not be made unless the Member completes a written request for distribution and a written election, on forms designated by the Board, to either receive a cash lump sum or a rollover of the lump sum amount. NWW oe Proof of Death and Right_of Beneficiary or Other Person. The Board may require and rely upon such proof of death and such evidence of the right of any Beneficiary or other person to receive the value of a deceased Member's DROP Account as the Board may deem proper and its determination of the right of that Beneficiary or other person to receive payment shall be conclusive. Distribution Limitation. Notwithstanding any other provision of this subsection 4., all distributions from the DROP shall conform to the "Minimum Distribution Of Benefits" provisions as provided for herein. F. Direct Rollover of Certain Distributions. This subsection applies to distributions made on or after January 1, 2002. Notwithstanding any provision of the DROP to the contrary, a distributee may elect to have any portion of an eligible rollover distribution paid in a direct rollover as otherwise provided under the System in Section 26. 5. Administration of DROP. A. Board Administers the DROP. The general administration of the DROP, the responsibilityfor carrying out the provisions of the DROP and the responsibility of overseeing the investment of the DROP's assets shall be placed in the Board. The members of the Board may appoint from their number such subcommittees with such powers as they shall determine; may adopt such administrative procedures and regulations as they deem desirable for the conduct of their affairs; may authorize one or more of their number or any agent to execute or deliver any instrument or make any payment on their behalf; may retain counsel, employ agents and provide for such clerical, accounting, actuarial and consulting services as they may require in carrying out the provisions of the DROP; and may allocate among themselves or delegate to other persons all or such portion of their duties under the DROP, other than those granted to them as Trustee under any trust agreement adopted for use in implementing the DROP, as they, in their sole discretion, shall decide. A Trustee shall not vote on any question relating exclusively to himself. B. Individual Accounts. Records and Reports. The Board shall maintain records showing the operation and condition of the DROP, including records showing the individual balances in each Member's DROP Account and the Board shall keep in convenient form such data as may be necessary for the valuation of the assets and liabilities of the DROP. The Board shall prepare and distribute to Members participating in the DROP and other individuals or file with the appropriate governmental agencies, as the case may be, all necessary descriptions, reports, information returns, and data required to be distributed or filed for the DROP pursuant to the Code and any other applicable laws. C. Establishment of Rules. Subject to the limitations of the DROP, the Board from time to time shall establish rules for the administration of the DROP and the transaction of its business. The Board shall have discretionary authority to construe and interpret the DROP (including but not limited to determination of an individual's eligibility for DROP participation, the right and amount of any benefit payable under the DROP and the date on which any individual ceases to be a participant in the DROP). The determination of the Board as to the interpretation of the DROP or its determination of any disputed questions shall be conclusive and final to the extent permitted by applicable law. M M Limitation of Liabili (1) The Trustees shall not incur any liability individually or on behalf of any other individuals for any act or failure to act, made in good faith in relation to the DROP or the funds of the DROP. (2) Neither the Board nor any Trustee of the Board shall be responsible for any reports furnished by any expert retained or employed by the Board, but they shall be entitled to rely thereon as well as on certificates furnished by an accountant or an actuary, and on all opinions of counsel. The Board shall be fully protected with respect to any action taken or suffered by it in good faith in reliance upon such expert, accountant, actuary or counsel, and all actions taken or suffered in such reliance shall be conclusive upon any person with any interest in the DROP. 6. General Provisions. A- The DROP is not a separate retirement plan. B. Notional account. The DROP Account established for such a Member is a notional account used only for the purpose of calculation of the DROP distribution amount It is not a separate account in the System. There is no chance in the System's assets. and there is no distribution available to the Member until the Member's termination from the DROP. The Member has no control over the investment of the DROP account. C. No employer discretion. The DROP benefit is determined pursuant to a specific formula which does not involve employer discretion. D. IRC limit. The DROP Account distribution, along with other benefits payable from the System is subject to limitation under Internal Revenue Code Section 415(b). A E. Amendment of DROP. The DROP may be amended by an ordinance of the City at any time and from time to time, and retroactively if deemed necessary or appropriate, to amend in whole or in part any or all of the provisions of the DROP. However, except as otherwise provided by law, no amendment shall make it possible for any part of the DROP's funds to be used for, or diverted to, purposes other than for the exclusive benefit of persons entitled to benefits under the DROP. No amendment shall be made which has the effect of decreasing the balance of the DROP Account of any Member. B F. Facility of Payment. If a Member or other person entitled to a benefit under the DROP is unable to care for his affairs because of illness or accident or is a minor, the Board shall direct that any benefit due him shall be made only to a duly appointed legal representative. Any payment so made 10 shall be a complete discharge of the liabilities of the DROP for that benefit. 6 G. Information. Each Member, Beneficiary or other person entitled to a benefit, before any benefit shall be payable to him or on his account under the DROP, shall file with the Board the information that it shall require to establish his rights and benefits under the DROP. 13 H. Prevention of Escheat. If the Board cannot ascertain the whereabouts of any person to whom a payment is due under the DROP, the Board may, no earlier than three (3) years from the date such payment is due, mail a notice of such due and owing payment to the last known address of such person, as shown on the records of the Board or the City. If such person has not made written claim therefor within three (3) months of the date of the mailing, the Board may, if it so elects and upon receiving advice from counsel to the System, direct that such payment and all remaining payments otherwise due such person be canceled on the records of the System. Upon such cancellation, the System shall have no further liability therefor except that, in the event such person or his Beneficiary later notifies the Board of his whereabouts and requests the payment or payments due to him under the DROP, the amount so applied shall be paid to him in accordance with the provisions of the DROP. E I. Written Elections. Notification (1) Any elections, notifications or designations made by a Member pursuant to the provisions of the DROP shall be made in writing and filed with the Board in a time and manner determined by the Board under rules uniformly applicable to all employees similarly situated. The Board reserves the right to change from time to time the manner for making notifications, elections or designations by Members under the DROP if it determines afterdue deliberation that such action is justified in that it improves the administration of the DROP. In the event of a conflict between the provisions for making an election, notification or designation set forth in -the DROP and such new administrative procedures, those new administrative procedures shall prevail. (2) Each Member or Retiree who has a DROP Account shall be responsible for furnishing the Board with his current address and any subsequent changes in his address. Any notice required to be given to a Member or Retiree hereunder shall be deemed given if directed to him at the last such address given to the Board and mailed by registered or certified United States mail. If any check mailed by registered or certified United States mail to such address is returned, mailing of checks will be suspended until such time as the Member or Retiree notifies the Board of his address. F J. Benefits Not Guaranteed. All benefits payable to a Member from the DROP shall be paid only from the assets of the Member's DROP Account and neither the City nor the Board shall have any duty or liability to furnish the DROP with any funds, securities or other assets except to the extent required by any applicable law. G K. Construction. (1) The DROP shall be construed, regulated and administered under the laws of Florida, except where other applicable law controls. (2) The titles and headings of the subsections in this Section 28 are for convenience only. In the case of ambiguity or 11 cm M inconsistency, the text rather than the titles or headings shall control. H L. Forfeiture of Retirement Benefits. Nothing in this Section shall be construed to remove DROP participants from the application of anyforfeiture provisions applicable to the System. DROP participants shall be subject to forfeiture of all retirement benefits, including DROP benefits. M. Effect of DROP Participation on Employment. Participation in the DROP is not a guarantee of employment and DROP participants shall be subject to the same employment standards and policies that are applicable to employees who are not DROP participants. SECTION 9: That the City of Okeechobee Municipal Police Officers' Pension Trust Fund, adopted pursuant to Ordinance No. 888, as subsequently amended, is hereby further amended by adding Section 30, Supplemental Benefit Component for Special Benefits; Chapter 185 Share Accounts, to read as follows: SECTION 30. SUPPLEMENTAL BENEFIT COMPONENT FOR SPECIAL 1. Individual Member Share Accounts. 2. Share Account Eodbg, A. Individual Member Share Accounts shall be established as of September 30, 2015 for all Members and DROP oarticipants who were actively emploved as of October 1. 2014. Individual Member Share Accounts shall be credited with an allocation as provided for in the following subsection 3. of any premium tax monies which have been allocated to the share plan for that Plan Year, beginning with the Plan Year ending September 30, 2015. B. in addition, any forfeitures as provided in subsection 4., shall be allocated to the individual Member Share Accounts in accordance with the formula set forth in subsection 4. 3. Allocation of Monies to Share Accounts. A. Allocation of Chapter 185 Contributions. M 19 NOW u premium tax monies shall be allocated to individual Member Share Accounts at the end of each Plan Year on September 30 (a "valuation date"). Re-employed Retirees shall be deemed new employees and shall receive an allocation based solely on the Credited Service in the reemployment period. B. Allocation of Investment Gains and Losses. C. On each valuation date each individual Member Share Account shall be adjusted to reflect the net earnings or losses resulting from investments during the year. The net earnings or losses allocated to the individual Member Share Accounts shall be the same percentage which is eamed or lost by the total plan investments including realized and unrealized gains or losses, net of brokerage commissions transaction costs and management fees. Net earnings or losses are determined as of the last business day of the fiscal year, which is the valuation date, and are debited or credited as of such date. Allocation of Costs Fees and Expenses. No Right to Allocation. The fact of allocation or credit of an allocation to a Member's Share Account by the Board shall not vest in any Member, any right, title. or 13 interest in the assets of the trust or in the Chapter 185. Florida Statutes, tax revenues except at the time or times, to the extend su- I-6'ect to the terms and conditions provided in this Section. E. Members and DROP participant shall be provided annual statements setting forth their share account balance as of the end of the Plan Year. 4. Forfeitures. 5. Eligibility For Benefits. A. Retirement Benefit. M A Member shall be entitled to one hundred percent (100%) of the value of his share account upon normal or early Retirement pursuant to Section 6. or if the Member enters the DROP, upon termination of employment. !Q Such payment shall be made as provided in subsection 6. B. Termination Benefit. f 1� In the event that a Members employment as a Police Officer is terminated by reason other than retirement, death or disability, he shall be entitled to receive the value of his share account only if he is vested in accordance with Section 9. (2) Such payment shall be made as provided in subsection 6. C. Disability Benefit. (1) In the event that a Member is determined to be eligible for either an in -line of duty disability benefit pursuant to Section 8. subsection 1. or a not -in -line of duty disability benefit pursuant to Section 8 subsection 3 he shall be entitled to one hundred percent (100%) of the value of his share account. LQ Such payment shall be made as provided in subsection 6. D. Death Benefit. U In the event that a Member or DROP participant dies while actively employed as a Police Officer, one hundred percent (100%) of the value of his Member Share Account shall be paid to his designated Beneficiary as provided in Section 7. M Such payment shall be made as provided in subsection 6. 6. Payment of Benefits. 14 im 0 Z. Benefits Not Guaranteed. 8. Notional Account. 9. No Employer Discretion. The share account benefit is determined pursuant to a specific formula which does not involve employer discretion. 10. Maximum Additions. 11. IRC Limit. The share account distribution along with other benefits payable from the System is subject to limitation under Internal Revenue Code Section 415(b). SECTION 10: Specific authority is hereby granted to codify and incorporate this Ordinance in the existing Code of Ordinances of the City of Okeechobee. SECTION 11: All Ordinances or parts of Ordinances in conflict herewith be and the same are hereby repealed. SECTION 12: If any section, subsection, sentence, clause, phrase of this ordinance, or the particular application thereof shall be held invalid by any court, administrative agency, or other body with appropriate jurisdiction, the remaining section, subsection, sentences, clauses, or phrases under application shall not be affected thereby. SECTION 13: That this Ordinance shall become effective upon adoption. Introduced on first reading and set for public hearing this day of .2015. ATTEST: Lane Gamiotea, City Clerk James E. Kirk, Mayor 15 25 M Passed on second reading after public hearing this day of .2015. ATTEST: Lane Gamiotea, City Clerk APPROVED FOR LEGAL SUFFICIENCY: John R. Cook, City Attorney dm/ok/pol/10-20-15.ord James E. Kirk, Mayor 16 Exhibit 3 Law Offices Jan 19, 2016 Christiansen & Dehner, P.A. 63 Sarasota Center Blvd. Suite 107 Sarasota, Florida 34240. 941-377.2200 • Fax 941.377.4848 November 6, 2015 Mr. Marcos Montes De Oca City Administrator City of Okeechobee 55 S.E. 3RD Avenue Okeechobee, FL 34974-2032 Re: City of Okeechobee and Okeechobee Utility Authority Employees' Retirement System - Proposed Ordinance Dear Mr. Montes De Oca: I represent the Board of Trustees of your City of Okeechobee and Okeechobee Utility Authority Employees' Retirement System. Enclosed please find a proposed ordinance amending the City of Okeechobee and Okeechobee Utility Authority Employees' Retirement System that has been approved by the Board and recommended for adoption by the City Council. Based primarily on changes to the Internal Revenue Code (IRC) and its associated Regulations, as well as guidance from the Internal Revenue Service (IRS), the following amendments to the pension plan are proposed: I. Section 1, Definitions, is being amended for IRC changes and requirements, to amend the definitions of: a. Actuarial Equivalent - to amend the definition to incorporate the Mortality Table currently being used by the plan's actuary b. Credited Service - to clarify IRC regulations on leave conversions C. Spouse - To clarify the definition in accordance with a recent US Supreme Court ruling 2. Section 2, Membership, has been amended to limit those individuals eligible to opt - out of the system, to comply with recent IRC Treasury Regulation requirements. 3. Section 6, Benefit amounts and eligibility, is being amended to change the Normal Retirement Date to include IRC required language regarding Normal Retirement Age and Normal Retirement Date. 4. Section 8, Disability, is being amended to more clearly identify those individuals who may be eligible to apply for a disability pension who have been terminated by the City due to medical reasons. M M Mr. Montes De Oca November 6, 2015 Page 2 5. Section 10, Optional Forms of Benefits, has been amended to: a. Amend the optional form of benefit known as a partial lump sum option (PLOP), to clarify that the percentage chosen is calculated as a percent of the total actuarial equivalent value of the member's benefit. b. Amend subsection 2. to clarify that if proof of good health of a joint pensioner who is being replaced is not provided, the actuary will assume that the joint pensioner is deceased for purposes of calculating the revised benefit amount. 6. Section 14, Maximum Pension, has had several subsections amended to comply with IRC changes. 7. Section 15, Minimum Distribution of Benefits, is being amended for a reference clarification in subsection 2.B.(4). Section 25, Reemployment After Retirement, is being amended to clearly reflect recent IRC guidance on the ability to continue to receive retirement benefits from the system upon reemployment after normal or early retirement. 9. Section 27, Prior Government Service, subsection 5., is being amended to correct a reference. 10. Section 28, Deferred Retirement Option Plan, is being amended in accordance with recent direction from the IRS in connection with the issuance of several recent Favorable Determination Letters to: i) clarify investment returns on DROP accounts, ii) clarify when interest and earnings are calculated and paid, and iii) add several sections clarifying the DROP provisions as required by the IRS. I am enclosing a copy of a letter from the Board's actuary, Gabriel Roeder Smith & Company, indicating that there is no cost associated with the adoption of this ordinance. If you or any member of your staff have any questions with regard to this ordinance, please feel free to give me a call. In addition, if you feel it would be appropriate for me to be present at the meeting at which this ordinance is considered by the City Council, please contact my office to advise me of the date that the ordinance would be considered. Yours ve ul y,y, Scott R. Christiansen SRC/dm enclosure cc: Jeffrey Amrose, with enclosure NN.rr CM CND Gabriel Roeder Smith & Company %�,,,$T Consultants & Actuaries October 28, 2015 Melisa Jahner City of Okeechobee 55 SE 3rd Ave Okeechobee FL 34974 One East Broward Blvd. 954.527.1616 phone Suite 505 954.525.0083 fax Ft. -Lauderdale. FL 33301-1804 www.pbrieltoedercom Re: . Okeechobee and Okeechobee Utility Authority Employees' Retirement System Actuarial Impact Statement for Proposed Ordinance Dear Ms. Jahner: We have reviewed the proposed ordinance amending the City of Okeechobee and Okeechobee Utility Authority Employees' Retirement System drafted by Scott Christiansen and dated September 25, 2015. This ordinance would amend the Plan as follows: ■ Changes the definitions ofActuarial Equivalent to use a new mortality table, Credited Service to reflect IRC changes and requirements, and spouse to reflect a Supreme Court ruling • Limits individuals eligible to opt -out of the system, in compliance with recent IRC Treasury Regulation requirements. • Includes IRC required language regarding Normal Retirement Age. • More clearly includes members terminated from the City for medical reasons who may beeligible for a disability pension. • For Partial Lwnp Sum Option (PLOP), clarifies that the amount is 20% of the total actuarial equivalent value of the member's benefit. ■ Requires proof of good health of the current joint pensioner for purposes of calculating revised benefit amounts when there is a change in joint pensioner. • Amends maximum: pension to comply with IRC changes. • Amends minimum distribution of benefits for a reference clarification in ,subsection 2. R (4). • Amends reemployment after retirement to clearly reflect recent IRC guidance on the ability to continue to receive retirement benef is from the System upon reemployment after normal or early retirement. • Amends prior government service to correct a reference in subsection S. * Amends Deferred Retirement Option Plan (DROP)to clarify investment returns, when interest and earnings are calculated and paid!, and adds clarifying language as required by the IRS. In our opinion, this amendment will have no actuarial impact on the Plan. En Melisa Jahner City of Okeechobee October 28, 2015 Page 2 The attached Statement must be filed with the Division of Retirement before the final public hearing on the ordinance. Please have a member of the Board of Trustees sign the Statement. Then send the Statement along with a copy of the proposed ordinance to Tallahassee. Theom P. Braccialargbe and Jeff Amrose are members of the American Academy of Actuaries and meet the Qualification Standards of the American Academy of Actuaries to render the actuarial opinions contained herein. The undersigned actuaries are independent of the plan sponsor. This report has been prepared by actuaries who have substantial experience valuing public employee retirement systems. To the best of our knowledge the information contained in this report is accurate and fairly presents the actuarial position of the Plan as of the valuation date Respectfully submitted, TheoraP. Braccialarghe, FSA, MAAA Enrolled Actuary No. I4-2826 cc: Scott Christiansen, Plan Attorney James Mullis, Board Chair Janet McKinley — &/Offfflose. MAAA Enrolled Actuary No. 14-6599 Gabriel Roeder Smith 8& Company i� CM )BEE AND OKEECHOBEE UTILITY AUTHORITY EMPLOYEES' RETIREMENT SYSTEM Impact Statement — October 28, 2015 Description of Amendment • Changes the definitions ofActuarial Equivalent to use a new mortality table, Credited Service to reflect IRC changes and requirements, and spouse to reflect aSupreme Court ruling. • Limits individuals eligible to opt -out of the system, in compliance with recent IRC Treasury Regulation requirements. • Includes IRC required language regarding Normal RetirementAge. a More clearly includes members terminated from the Ciry far medical reasons who may be eligible for a disability pension. ■ For Partial Lump Sum Option (PLOP), clarifies that the amount is 20YS of the total actuarial equivalent value of the member's benefit. • Requires proof of good health of the currentjoint pensioner for purposes of calculating revised benefit amounts when there is a change in joint pensioner. ■ Amends maximum pension to comply with IRC changes ■ Amends minimum distribution of benefits for a reference clarification in subsection 2.B. (4). • Amends reemployment after retirement to clearly reflect recent IRC guidance on the ability to continue to receive retirement benef is from the System upon reemployment after normal or early retirement. ■ Amends prior government service to correct a reference in subsection S • Amends Deferred Retirement Option Plan (DROP)to clarify investment returns, when interest and earnings are calculated andpaid, and adds clarifidng language as required by the IRS. Funding Implications of Amendment There is no actuarial cost due to this ordinanco. Certification of Administrator I believe the amendment to be in compliance with Part VII, Chapter I12, Florida Statutes and Section 14, Article X of the Constitution of the State of Florida. For a Board of Trustees as an Administrator Gabriel Roeder Smith & Company ire/' `r✓' ORDINANCE NO. 1.1M AN ORDINANCE OF THE CITY OF OKEECHOBEE AMENDING THE CITY OF OKEECHOBEE AND OKEECHOBEE UTILITY AUTHORITY EMPLOYEES' RETIREMENT SYSTEM, ADOPTED PURSUANT TO ORDINANCE NO. 1053, AS SUBSEQUENTLY AMENDED; AMENDING SECTION 1, DEFINITIONS; AMENDING SECTION 2, MEMBERSHIP; AMENDING SECTION 6, BENEFIT AMOUNTS AND ELIGIBILITY; AMENDING SECTION 8, DISABILITY; AMENDING SECTION 10, OPTIONAL FORMS OF BENEFITS; AMENDING SECTION 14, MAXIMUM PENSION; AMENDING SECTION 15, MINIMUM DISTRIBUTION OF BENEFITS; AMENDING SECTION 25, REEMPLOYMENT AFTER RETIREMENT; AMENDING SECTION 27, PRIOR GOVERNMENT SERVICE; AMENDING SECTION 28, DEFERRED RETIREMENT OPTION PLAN; PROVIDING FOR CODIFICATION; PROVID- ING FOR SEVERABILITY OF PROVISIONS; REPEALING ALL ORDINANCES IN CONFLICT HEREWITH AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City of Okeechobee and the Okeechobee Utility Authority employees are presently provided pension and certain other benefits under Ordinances of the City of Okeechobee; and WHEREAS, it becomes necessary from time to time to amend said ordinances in order to clarify or restate certain provisions of the ordinance, or to enact amendments to comply with revised Federal regulations; NOW THEREFORE, be it ordained before the City Council of the City of Okeechobee, Florida; presented at a duly advertised public meeting; and passed by majorityvote of the City Council; and properly executed bythe Mayor or designee, as Chief Presiding Officer for the City: SECTION 1: That the City of Okeechobee and Okeechobee Utility Authority Employees' Retirement System, adopted pursuant to Ordinance No. 1053, as subsequently amended, is hereby furtheramended by amending Section 1, Definitions, to amend the definitions of "Actuarial Equivalent", "Credited Service", and "Spouse", to read as follows: Actuarial Equivalent means that any benefit payable under the terms of this System in a form other than the normal form of benefit shall have the same actuarial present value on the date payment commences as the normal form of benefit. For purposes of establishing the actuarial present value of any form of payment other than a lump sum distribution, all future payments shall be discounted for interest and mortality by using seven percent (7.0%) interest and the i994 Group Annuity RP-2000 Combined Healthy disabled lives. This definition may only be amended by the City pursuant to the recommendation of the Board using assumptions adopted by the Board with the advice of the plan's actuary, such that actuarial assumptions are not subject to City discretion. Credited Service means the total number of years and fractional parts of years of service as a General Employee with member contributions when required, omitting intervening years or fractional parts of years when such Member was not employed by the City as a General Employee. A Member may voluntarily leave his Accumulated Contribu- tions in the Fund for a period of five (5) years after leaving the employ of the City pending the possibility of being reemployed as a General Employee, without losing credit for the time that he was a Member of the System. if a non -vested Member leaves the employ of the City and Is not reemployed within five (5) years, his Accumulated Contributions, if one - thousand dollars ($1,000.00) or less, will be returned. If a Member who is not vested is not reemployed within five (5) years, his Accumulated Contributions, if more than one - thousand dollars ($1,000.00), will be returned only upon the written request of the Member and upon completion of a written election to receive a cash lump sum or to rollover the lump*sum amount on forms designated by the Board. If a vested Member leaves the employ of the City, his Accumulated Contributions will be returned upon his written request. Upon return of his Accumulated Contributions, all of his rights and benefits under the System are forfeited and terminated. %NW i� The years or fractional parts of a year that a Member performs "Qualified Military Service" consisting of voluntary or involuntary "service in the uniformed services" as defined in the Uniformed Services Employment and Reemployment Rights Act (USERRA) (P.L.103-353), after separation from employment as a General Employee with the City to perform training or service, shall be added to his years of Credited Service for all purposes, including vesting, provided that: A. The Member is entitled to reemployment under the provisions of USERRA. B. The Member returns to his employment as a General Employee within one (1) year from the earlier of the date of his military discharge or his release from service, unless otherwise required by USERRA. C. The Member deposits into the Fund the same sum that the Member would have contributed if he had remained a General Employee during his absence. The maximum credit for military service pursuant to this subsection shall be five (5) years. The Member must deposit all missed contributions within a period equal to three (3) times the period of military service, but not more than five (5) years following reemployment or he will forfeit the right to receive Credited Service for his military service pursuant to this Section. D. This Section is intended to satisfy the minimum requirements of USERRA. To the extent that this Section does not meet the minimum standards of USERRA, as it may be amended from time to time, the minimum standards shall apply. In the event a Member dies on or after January 1, 2007, while performing USERRA Qualified Military Service, the beneficiaries of the Member are entitled to any benefits (other than benefit accruals relating to the period of qualified military service) as if the Member had resumed employment and then died while employed. Beginning January 1, 2009, to the extent required by Section 414(u)(12) of the Code, an individual receiving differential wage payments (as defined under Section 3401(h)(2) of the Code) from an employer shall be treated as employed by that employer, and the differential wage payment shall be treated as compensation for purposes of applying the limits on annual additions under Section 415(c) of the Code. This provision shall be applied to all similarly situated individuals in a reasonably equivalent manner. Spouse means the lawful wife or husband of a Member or Retiree Member's or Retiree's spouse under applicable law at the time benefits become payable. SECTION 2: That the City of Okeechobee and Okeechobee Utility Authority Employees' Retirement System, adopted pursuant to Ordinance No. 1053, as subsequently amended, is hereby further amended by amending Section 2, Membership, subsections 1.13. and 1.C., to read as follows: 1. B. Notwithstanding the previous paragraph, a new employee who is hired as the City Administrator or Administrative Assistant and a new employee who is hired as the Executive Director of the Okeechobee Utility Authority may, in the event he has elected to participate in another pension program, uaon his employment as City Administrator or Administrative Assistant or Executive Director, notify the Board and the City of Okeechobee (with respect to the City Administrator or Administrative Assistant) or the Okeechobee Utility Authority (with respect to the Executive Director), In writing, of his election to not be a Member of the System. In the event of any such election, he shall be barred from future membership in the System. Contributions if any, to the plan in accordance with Section 5 shall not be required he shall not be eligible to be elected as a Member Trustee on the Board or vote for a Member Trustee and he shall not be eligible for any other benefits from the plan. C. Notwithstanding any provision herein to the contrary, any future new elected official who is not already a Member of the System may, upon taking office, elect to diseenttnae noti the Board and the City of Okeechobee in writing of his election to not be a men*ership Member of the System In the event of such election, the elected official shall be barred from future membership in the system. Contributions if any, to the plan in accordance with Section 5., shall not be required he shall not be eligible to be elected as a Member Trustee on the Board or vote for a Member Trustee and he shall not be eligible for any other benefits from the plan. SECTION 3: That the City of Okeechobee and Okeechobee Utility Authority Employees' Retirement System, adopted pursuant to Ordinance No. 1053, as subsequently amended, is hereby further amended by amending Section 6, Benefit Amounts and Eligibility, subsection 1., Normal Retirement Date, to read as follows: 1. Normal Retirement Age and Date. SECTION 4: That the City of Okeechobee and Okeechobee Utility Authority Employees' Retirement System, adopted pursuant to Ordinance No. 1053, as subsequently amended, is hereby further amended by amending Section 8, Disability, subsection 1., Disability Benefits, to read as follows: Disability Benefits. Any Memberwho shall become totally and permanentiydisabled to the extent that he is unable, by reason of a medically determinable physical or mental impairment, to perform the duties that the General Employee was assigned at the time of the impairment and is unable to perform the duties of another General Employee position which the City of Okeechobee or the Okeechobee Utility Authority makes available to him in a similar job classification and rank at no reduction in Salary for which the General Employee is qualified by reason of training, education, or experience, whether or not such disability was directly caused by the performance of his duty as a General Employee. Upon establishing the same to the satisfaction of the Board, the General Employee shall be entitled to a monthly pension determined in the same manner as for Early Retirement set forth in Section 6, subsection 4.13, if the benefit begins at or after age fifty-five (55), and if the benefit begins prior to age fifty-five (55), the benefit shall be actuarially reduced for the period prior to age fifty-five (55). Terminated persons, either vested or non -vested, are not eligible for disability benefit , ., „ , __ _ _ _ _ _ ___. .. _ __. _L __J!__ LL,� CM SECTIONS: That the City of Okeechobee and Okeechobee Utility Authority Employees' Retirement System, adopted pursuant to Ordinance No. 1053, as subsequently amended, is hereby further amended by amending Section 10, Optional Forms of Benefits, subsections 1.D., and 2., to read as follows: D. For any Member who does not participate in the DROP pursuant to Section 28, a lump sum payment payable to the Retiree equal to twenty percent (20%) of the present total actuarial equivalent value of the Retiree's accrued benefit at the date of retirement with the remaining eighty percent (80%) payable to the Retiree in a form selected by the Retiree and provided for in A. or B. or C above or in the normal form (10 year certain and life). A Retiree who is a participant in the Deferred Retirement Option Plan shall not be eligible to select this partial lump sum option. 2. The Member, upon electing any option of this Section, will designate the joint pensioner (subsection 1.,A. above) or Beneficiary (or Beneficiaries) to receive the benefit, if any, payable under the System in the event of Member's death, and will have the power to change such designation from time to time. Such designation will name a joint pensioner or one or more primary Beneficiaries where applicable. If a Member has elected an option with a joint pensioner or Beneficiary and Member's retirement income benefits have commenced, Member may thereafter change his designated Beneficiary at any time, but may change his joint pensioner only if the designated joint pensioner and the Member were married at the time of Member's Retirement and are divorced subsequent thereto and the joint pensioner is alive at the time of the change. In the absence of proof of good SECTION 6: That the City of Okeechobee and Okeechobee Utility Authority Employees' Retirement System, adopted pursuant to Ordinance No. 1053, as subsequently amended, is hereby further amended by amending Section 14, Maximum Pension, subsections 6., 8., 12.B., and by adding subsection 13., to read as follows: 6. Less than Ten (10) Years of Participation arServiee. The maximum retirement benefits payable underthis Section to any Member who has completed less than ten (10) years of participation shall be the amount determined under subsection 1 of this Section multiplied by a fraction, the numerator of which is the number of the Member's years of Gredited Serviee participation and the denominator of which is ten (10). The reduction provided by this subsection cannot reduce the maximum benefit below 10% of the limit determined without regard to this subsection. The reduction provided for in this subsection shall not be applicable to pre -retirement disability benefits paid pursuant to Section 8, or pre -retirement death benefits paid pursuant to Section 7. 8. Ten Thousand Dollar ($10,000) Limit: Less Than Ten Years of Service. Notwithstanding anything in this Section 14, the retirement benefit payable with respect to a Member shall be deemed not to exceed the limit set forth in this subsection 8. of Section 14 if the benefits payable, with respect to such Member under this System and under all other qualified defined benefit pension plans to which the City contributes, do not exceed ten thousand dollars ($10,000) for the applicable limitation year arm or for any prior limitation year., and the City has not at any time maintained a qualified defined contribution plan in which the Member participated; provided, however, that if the Member has completed less than ten (10) years of Credited Service with the City, the limit under this subsection 8. of Section 14 shall be a reduced limit equal to ten thousand dollars ($10,000) multiplied by a fraction, the numerator of which is the number of the Member's years of Credited Service and the denominator of which is ten (10). n M 12. B. No Member of the System shall be allowed to receive a retirement benefit or pension which is in part or in whole based upon any service with respect to which the Member is already receiving, or will receive in the future, a retirement benefit or pension from a different employer's retirement system or plan. This restriction does not apply to social security benefits or federal benefits under Chapter 671223, Title 10, U.S. Code. 13. Effect of Direct Rollover on 415(b) Limit. SECTION 7: That the City of Okeechobee and Okeechobee Utility Authority Employees' Retirement System, adopted pursuant to Ordinance No. 1053, as subsequently amended, is hereby further amended by amending Section 15, Minimum Distribution of Benefits, subsection 2.B.(4), to read as follows: 2. B. (4) If the Member's surviving spouse is the Member's sole designated beneficiary and the surviving spouse dies after the Member but before distributions to the surviving spouse begin, this subsection 2.B., other than subsection 2.B.(1), will apply as if the surviving spouse were the Member. For purposes of this subsection 2.13. , distributions are considered to begin on the Member's required beginning date or, if subsection 2.B.(4) applies, the date of distributions are required to begin to the surviving spouse under subsection 2.B.(1). If annuity payments irrevocably commence to the Member before the Member's required beginning date (or to the Member's surviving spouse before the date distributions are required to begin to the surviving spouse under subsection 2.B.(1)), the date distributions are considered to begin is the date distributions actually commence. SECTION 8: That the City of Okeechobee and Okeechobee Utility Authority Employees' Retirement System, adopted pursuant to Ordinance No. 1053, as subsequently amended, is hereby further amended by amending Section 25, Reemployment After Retirement, subsections 2., 3., 4. and 6., to read as follows: 2. After Normal Retirement. Any Retiree who is retired under normal retirement pursuant to this System and who is reemployed as a General Employee after that Retirement and, by virtue of that reemployment, is eligible to participate in this System, shall upon being reemployed continue receipt of benefits if he is at least age sixty-two (62). additional Credited Service accrued during the subsequent employment period shall be used in computing a second benefit amount attributable to the subsequent employment period, which benefit amount shall be added to the benefit determined upon the initial retirement to determine the total benefit payable upon final Retirement. Calculations of benefits upon Retirement shall be based upon the benefit accrual rate, Average Final Compensation, and Credited Service as of that date (not including any period of DROP Participation) and the retirement benefit amount for any subsequent employment period shall be based upon the benefit accrual rate, Average Final Compensation (based 0nlq`asI and Credited Service as of the date of subsequent retirement (based only on the subsequent employment period). The amount of any death or disability benefit received as a result of a subsequent period of employment shall be reduced by the amount of accrued benefit eligible to be paid for a prior period of employment. The optional form of benefit and any joint pensioner selected upon initial retirement shall not be subject to change upon subsequent retirement except as otherwise provided herein, but the Member may select a different optional form and joint pensioner applicable to the subsequent retirement benefit. 673 on 3. Any Retiree who is retired under normal retirement pursuant to this System and who is reemployed by the City after that Retirement and, by virtue of that reemployment is ineligible to participate in this System, shall, during the period of such reemplovment. continue to receive retirement benefits previously earned if he is at least participants shall begin receipt 4. After Early Retirement. Any Retiree who is retired under early retirement pursuant to this System and who subsequently becomes an employee of the City in any capacity, shall discontinue receipt of benefits from the System until the earlier of termination of employment or such time as the reemployed Retiree reaches the -date thISOL sixty-two (62). A Retiree who returns to work under the provisions of this Section shall not be eligible for membership in the System, and, therefore, shall not accumulate additional Credited Service for subsequent periods of employment described in this Section, shall not be required to make contributions to the System, nor shall he be eligible for any other benefit other than the Retiree's early retirement benefit when he again becomes eligible as provided herein. Retirement pursuant to an early retirement incenfive program shall be deemed early retirement for purposes of this Section if the Member was permitted to retire prior to the customary retirement date provided for in the System at the time of retirement. 6. DROP Participants. Members-o" Retirees who are or were in the Deferred Retirement Option Plan shall, following termination of employment after DROP participation, have the options provided for in this section for reemployment. SECTION 9: That the City of Okeechobee and Okeechobee Utility Authority Employees' Retirement System, adopted pursuant to Ordinance No. 1053, as subsequently amended, is hereby further amended by amending Section 27, Prior Government Service, subsection 5., to read as follows: 5. In no event, however, may Credited Service be purchased pursuant to this Section for prior service with any other governmental agency, If such prior service forms or will form the basis of a retirement benefit or pension from another retirement system or plan as set forth in Section 14, subsection +i-.B 12.13. SECTION 10: Thatthe City of Okeechobee and Okeechobee Utility Authority Employees' Retirement System, adopted pursuant to Ordinance No. 1053, as subsequently amended, is hereby further amended by amending Section 28, Deferred Retirement Option Plan, to read as follows: SECTION 28 DEFERRED RETIREMENT OPTION PLAN. Definitions. As used in this Section 28, the following definitions apply:" A. "DROP" — The City of Okeechobee General Employees' Deferred Retirement Option Plan. B. "DROP Account" — The account established for each DROP participant under subsection 3. C "Total return of the assets" — For purposes of calculating earnings on a Member's DROP Account pursuant to subsection 3.B.(2)(b). for each fiscal year guarter the percentage increase (or decrease) !n the interest and dividends eamed on investments including realized and unrealized gains (or losses) of the total plan assets. 2. Participation. A. Eligibility to Participate. In lieu of terminating his employment as a General Employee, any Member who is eligible for normal retirement under the System may elect to defer receipt of such service retirement pension and to participate in the DROP. Election to Participate. A Member's election to participate in the DROP must be made in writing in a time and manner determined by the Board and shall be effective on the first day of the first calendar month which is at least fifteen (15) business days after it is received by the Board. C. Period of Participation. A Member who elects to participate in the DROP under subsection 2.B., shall participate in the DROP for a period not to exceed sixty (60) months beginning at the time his election to participate in the DROP first becomes effective. An election to participate in the DROP shall constitute an irrevocable election to resign from the service of the City not later than the date provided for in the previous sentence. A Member may participate only once. D. Termination of Participation. (1) A Member's participation in the DROP shall cease at the earlier of: (a) the end of his permissible period of participation in the DROP as determined under subsection 2.C.; or (b) termination of his employment as a General Employee. (2) Upon the Member's termination of participation in the DROP, pursuant to subsection (a) above, all amounts provided for in subsection 3.B., including monthly benefits and investment earnings and losses or interest, shall cease to be transferred from the System to his DROP Account. Any amounts remaining in his DROP Account shall be paid to him in accordance with the provisions of subsection 4. when he terminates his employment as a General Employee. (3) A Memberwho terminates his participation in the DROP under this subsection 2.D. shall not be permitted to again become a participant in the DROP. E. Effect of DROP Particioation on the System. (1) A Member's Credited Service and his accrued benefit under the System shall be determined on the date his election to participate in the DROP first becomes effective. The Member shall not accrue any additional Credited Service or any additional benefits under the System (except for any supplemental benefit payable to DROP participants or any additional benefits provided under any cost -of -living adjustment for Retirees in the System) while he is a participant in the DROP. After a Member commences participation, he shall not be permitted to again contribute to the System nor shall he be eligible for disability or pre -retirement death benefits, except as provided for in Section 25, Reemployment After Retirement. (2) No amounts shall be paid to a Member from the System while the Member is a participant in the DROP. Unless otherwise specified in the System, if a Member's participation in the DROP is terminated other than by terminating his employment as a General Employee, no amounts shall be paid to him from the System until he terminates his employment as a General Employee. Unless otherwise specified in the System, amounts transferred from the System to the Member's DROP Account shall be paid directly to the Member only on the termination of his employment as a General Employee. 3. Funding. A. Establishment of DROP Account. A DROP Account shall be established for each Member participating in the DROP. A Member's DROP Account shall consist of amounts transferred to the DROP under subsection 3.B., and earnings or interest on those amounts. B. Transfers From Retirement System. (1) As of the first day of each month of a Member's period of participation in the DROP, the monthly retirement benefit he would have received under the System had he terminated his employment as a General Employee and elected to receive monthly benefit payments thereunder shall be transferred to his DROP Account, except as otherwise provided for in subsection 2.D.(2). A Member's period of participation in the DROP shall be determined in accordance with the provisions of subsections 2.C. and 2.D., but in no event shall it continue past the date he terminates his employment as a General Employee. (2) Except as otherwise provided in subsection 2.D.(2), a Member's DROP Account under this subsection 3.13. shall be debited or credited after eaeh fiseal year quarter with either. (a) Interest at an effective rate of six and one-half percent (6.5%) per annum compounded monthly determined on the last business day of the prior month's ending balance and credited to the Member's DROP Account as of such date (to be applicable to all current and future DROP participants); or (b) Earnings, to be credited or debited to the Member's DROP Account, determined as of the last business day of each fiscal year quarter and debited or credited as of such date, determined as follows: The average daily balance in a Member's DROP Account shall be credited or debited at a rate equal to the net investment return realized by the System for that quarter. "Net investment return" for the purpose of this paragraph is the total return of the assets in which the Member's DROP Account is invested by the Board net of brokerage commissions, transaction costs and management fees. Upon electing participation in the DROP, the Member shall elect to receive either interest or earnings on his account to be determined as provided above. The Member may, in writing, elect to change his election only once during his DROP participation. An election to change must be made prior to the end of a quarter and shall be effective beginning the following quarter. (3) A Member's DROP Account shall only be credited or debited with earnings or interest and monthly benefits while the Member is a participant in the DROP. A Member's final DROP account value for distribution to the Member upon termination of participation in the DROP shall be the value of the account at the end of the quarter immediately preceding termination of participation for participants electing the net plan return and at the end of the month immediately preceding termination of participation for participants electing the fiat interest rate return. plus any monthly periodic additions made to the DROP account subsequent to the end of the previous quarter or month, as applicable, and prior to distribution. If a Member fails to terminate employment after participating in the DROP for the permissible period of DROP participation, then beginning with the Members 1st month of employment following the last month of the permissible period of DROP participation, the Member's DROP Account will no longer be credited or debited with earnings or interest, nor will monthly benefits be transferred to the DROP account. All such non - transferred amounts shall be forfeited and continue to be forfeited while the Member is employed by the City, and no cost -of -living adjustments shall be applied to the Members credit during such period of continued employment. A Member employed by the City after the permissible period of DROP participation will be eligible for pre -retirement death and disability benefits, and will accrue additional Credited Service, only as provided for in Section 25. Distribution of DROP Accounts on Termination of Employment. A. Eligibility for Benefits. A Member shall receive the balance in his DROP Account in accordance with the provisions of this subsection 4. upon his termination of employment as a General Employee. Except as provided in subsection 4.E., no amounts shall be paid to a Member from the DROP prior to his termination of employment as a General Employee. Form of Distribution. (1) Unless the Member elects otherwise, distribution of his DROP Account shall be made in a lump sum, subject to the direct rollover provisions set forth in subsection 4.F. Elections under this paragraph shall be in writing and shall be made in such time or manner as the Board shall determine. (2) if a Member dies before his benefit is paid, his DROP Account shall be paid to his Beneficiary in such optional form as his Beneficiary may select. If no Beneficiary designation is made, the DROP Account shall be distributed to the Member's estate. C. Date of Payment of Distribution. Except as otherwise provided in this subsection 4., distribution of a Member's DROP Account shall be made as soon as administratively practicable following the Member's termination of employment. Distribution of the amount in a Member's DROP account will not be made unless the Member completes a written request for distribution and a written election, on forms designated by the Board, to either receive a cash lump sum or a rollover of the lump sum amount. D. Proof of Death and Right of Beneficiary or Other Person. The Board may require and rely upon such proof of death and such evidence of the right of any Beneficiary or other person to receive the value of a deceased Member's DROP Account as the Board may deem proper and Its determination of the right of that Beneficiary or other person to receive payment shall be conclusive. *4W CM E. Distribution Limitation. Notwithstanding any other provision of this subsection 4., all distributions from the DROP shall conform to the "Minimum Distribution Of Benefits" provisions as provided for herein. Direct Rollover of Certain Distributions. This subsection applies to distributions made on or after January 1, 2002. Notwithstanding any provision of the DROP to the contrary, a distributee may elect to have any portion of an eligible rollover distribution paid in a direct rollover as otherwise provided under the System in Section 24. Administration of DROP. A. Board Administers the DROP. The general administration of the DROP, the responsibilityfor carrying out the provisions of the DROP and the responsibility of overseeing the investment of the DROP's assets shall be placed in the Board. The members of the Board may appoint from their number such subcommittees with such powers as they shall determine; may adopt such administrative procedures and regulations as they deem desirable for the conduct of their affairs; may authorize one or more of their number or any agent to execute or deliver any instrument or make any payment on their behalf, may retain counsel, employ agents and provide for such clerical, accounting, actuarial and consulting services as they may require in carrying out the provisions of the DROP; and may allocate among themselves or delegate to other persons all or such portion of their duties under the DROP, other than those granted to them as Trustee under any trust agreement adopted for use in implementing the DROP, as they, in their sole discretion, shall decide. A Trustee shall not vote on any question relating exclusively to himself. B. Individual Accounts. Records and Reports. The Board shall maintain records showing the operation and condition of the DROP, including records showing the individual balances in each Member's DROP Account, and the Board shall keep in convenient form such data as may be necessary for the valuation of the assets and liabilities of the DROP. The Board shall prepare and distribute to Members participating in the DROP and other individuals or file with the appropriate governmental agencies, as the case may be, all necessary descriptions, reports, information returns, and data required to be distributed or filed for the DROP pursuant to the Code and any other applicable laws. C. Establishment of Rules. Subject to the limitations of the DROP, the Board from time to time shall establish rules for the administration of the DROP and the transaction of its business. The Board shall have discretionary authorityto construe and interpretthe DROP (including but not limited to determination of an individual's eligibility for DROP participation, the right and amount of any benefit payable under the DROP and the date on which any individual ceases to be a participant in the DROP). The determination of the Board as to the interpretation of the DROP or its determination of any disputed questions shall be conclusive and final to the extent permitted by applicable law. D. Limitation of Liability. (1) The Trustees shall not incur any liability individually or on behalf of any other individuals for any act or failure to act, made in good faith in relation to the DROP or the funds of the DROP. (2) Neither the Board nor any Trustee of the Board shall be responsible for any reports furnished by any expert retained or employed by the Board, but they shall be entitled to rely 10 On M thereon as well as on certificates furnished by an accountant or an actuary, and on all opinions of counsel. The Board shall be fully protected with respect to any action taken or suffered by it in good faith in reliance upon such expert, accountant, actuary or counsel, and all actions taken or suffered in such reliance shall be conclusive upon any person with any interest in the DROP. 6. General Provisions. A. The DROP is not a separate retirement plan. B. Notional account. The DROP Account established for such a Member is a notional account, used only for the purpose of calculation of the DROP distribution amount. It is not a separate account in the System. There is no change in the System's assets and there is no distribution available to the Member until the Member's termination from the DROP. The Member has no control over the investment of the DROP account. C. No emplover discretion. The DROP benefit is determined pursuant to a specific formula which does not involve employer discretion. D. IRC limit. The DROP Account distribution, along with other benefits payable from the System is subject to limitation under Internal Revenue Code Section 415(b). (A E) Amendment of DROP. The DROP may be amended by an ordinance of the City at any time and from time- to time, and retroactively if deemed necessary or appropriate, to amend in whole or in part any or all of the provisions of the DROP. However, except as otherwise provided by law, no amendment shall make it possible for any part of the DROP's funds to be used for, or diverted to, purposes other than for the exclusive benefit of persons entitled to benefits under the DROP. No amendment shall be made which has the effect of decreasing the balance of the DROP Account of any Member. 0 F. Facility of Payment. If a Member or other person entitled to a benefit under the DROP is unable to care for his affairs because of illness or accident or is a minor, the Board shall direct that any benefit due him shall be made only to a duly appointed legal representative. Any payment so made shall be a complete discharge of the liabilities of the DROP for that benefit. G G. Information. Each Member, Beneficiaryorother person entitled'to a benefit, before any benefit shall be payable to him or on his account under the DROP, shall file with the Board the information that it shall require to establish his rights and benefits under the DROP. 11 rn B H. Prevention of Escheat. If the Board cannot ascertain the whereabouts of any person to whom a payment is due under the DROP, the Board may, no earlier than three (3) years from the date such payment is due, mail a notice of such due and owing payment to the last known address of such person, as shown on the records of the Board or the City. If such person has not made written claim therefor Within three (3) months of the date of the mailing, the Board may, if it so elects and upon receiving advice from counsel to the System, direct that such payment and all remaining payments otherwise due such person be canceled on the records of the System. Upon such cancellation, the System shall have no further liability therefor except that, in the event such person or his Beneficiary later notifies the Board of his whereabouts and requests the payment or payments due to him under the DROP, the amount so applied shall be paid to him in accordance with the provisions of the DROP. E I. Written Elections. Notification. (1) Any elections, notifications or designations made by a Member pursuant to the provisions of the DROP shall be made in writing and filed with the Board in a time and manner determined by the Board under rules uniformly applicable to all employees similarly situated. The Board reserves the right to change from time to time the manner for making notifications, elections or designations by Members under the DROP if it determines after due deliberation that such action is justified in that it improves the administration of the DROP. In the event of a conflict between the provisions for making an election, notification or designation set forth in the DROP and such new administrative procedures, those new administrative procedures shall prevail. (2) Each Member or Retiree who has a DROP Account shall be responsible for furnishing the Board with his current address and any subsequent changes in his address. Any notice required to be given to a Memberor Retiree hereundershall be deemed given if directed to him at the last such address given to the Board and mailed by registered or certified United States mail. If any check mailed by registered or certified United States mail to such address is returned, mailing of checks will be suspended until such time as the Member or Retiree notifies the Board of his address. E J. Benefits Not Guaranteed. All benefits payable to a Member from the DROP shall be paid only from the assets of the Member's DROP Account and neither the City nor the Board shall have any duty or liability to furnish the DROP with any funds, securities or other assets except to the extent required by any applicable law. @ _K. Construction. (1) The DROP shall be construed, regulated and administered under the. laws of Florida, except where other applicable law controls. (2) The titles and headings of the subsections in this Section 28 are for convenience only. In the case of ambiguity or inconsistency, the text rather than the titles or headings shall control. H L. Forfeiture of Retirement Benefits. Nothing in this Section shall be construed to remove DROP participants from the application of anyforfeiture provisions applicable to the System. DROP participants shall be subject to forfeiture of all retirement benefits, including DROP benefits. 12 + M. Effect of DROP Participation on Employment. Participation in the DROP is not a guarantee of employment and DROP participants shall be subject to the same employment standards and policies that are applicable to employees who are not DROP participants. SECTION 11: Specific authority is hereby granted to codify and incorporate this Ordinance in the existing Code of Ordinances of the City of Okeechobee. SECTION 12: All Ordinances or parts of Ordinances in conflict herewith be and the same are hereby repealed. SECTION 13: If any section, subsection, sentence, clause, phrase of this ordinance, or the particular application thereof shall be held invalid by any court, administrative agency, or other body with appropriate jurisdiction, the remaining section, subsection, sentences, clauses, orphrases underapplication shall notbe affected thereby. SECTION 14: That this Ordinance shall become effective upon adoption. Introduced on first reading and set for public hearing this day of .2015. James E. Kirk, Mayor ATTEST: Lane Gamiotea, City Clerk Passed on second reading after public hearing this day of .2015. ATTEST: Lane Gamiotea, City Clerk APPROVED FOR LEGAL SUFFICIENCY: John R. Cook, City Attorney dmloWgeN10-20-15.ord James E. Kirk, Mayor 13 Exhibit 4 Law Offices Jan 19, 2016 Christiansen & Dehnelr, P.A. 63 Sarasota Center Blvd. Suite 107 Sarasota, Florida 34240. 941.377-2200 • Fax 941.377-4848 November 6, 2015 Mr. Marcos Montes De Oca City Administrator City of Okeechobee 55 S.E. 3RD Avenue Okeechobee, FL 34974-2032 Re: City of Okeechobee Municipal Firefighters' Pension Fund - Proposed Ordinance Dear Mr. Montes De Oca: I represent the Board of Trustees of your City of Okeechobee Municipal Firefighters' Pension Fund. Enclosed please find a proposed ordinance amending the City of Okeechobee Municipal Firefighters' Pension Fund that has been approved by the Board and recommended for adoption by the City Council. With the recent adoption by the Florida Legislature of Chapter 2015- 39, Laws of Florida, and changes to the Internal Revenue Code (IRC) and its associated Regulations, as well as guidance from the Internal Revenue Service (IRS), the following amendments to the pension plan are proposed: 1. Section 1, Definitions, is being amended for IRC changes and requirements, to amend the definitions of: a. Actuarial Equivalent - to amend the definition to incorporate the Mortality Table currently being used by the plan's actuary b. Credited Service - to clarify IRC regulations on leave conversions C. Firefigliter - to update a reference in Florida Statutes. d. Spouse - To clarify the definition in accordance with a recent US Supreme. Court ruling 2. Section 6, Benefit amounts and eligibility, is being amended to change the Normal Retirement Dateto include IRC required language regarding Normal Retirement Age and Normal Retirement Date. 3. Section 8, Disability, is being amended to more clearly identify those individuals who may be eligible to apply for a disability pension who have been terminated by the City due to medical reasons. 4. Section 10, Optional Forms of Benefits, has been amended to: n cm Ms. Montes De Oca November 6, 2015 Page 2 Amend the optional form of benefit known as a partial lump sum option (PLOP), to clarify that the percentage chosen is calculated as a percent of the total actuarial equivalent value of the member's benefit. b. Amend subsection 2. to clarify that if proof of good health of a joint pensioner who is being replaced is not provided, the actuary will assume that the joint pensioner is deceased for purposes of calculating the revised benefit amount. 5. Section 15, Maximum Pension, has had several subsections amended to comply with IRC changes. 6. Section 16, Minimum Distribution of Benefits, is being amended for a reference clarification in subsection 2.B.(4). 7. Section 27, Prior Fire Service, subsection 5., is being amended to correct a reference. 8. Section 28, Deferred Retirement Option Plan, is being amended in accordance with recent direction from the IRS in connection with the issuance of several recent Favorable Determination Letters to: i) clarify investment returns on DROP accounts, ii) clarify when interest and earnings are calculated and paid, and iii) add several sections clarifying the DROP provisions as required by the IRS. 9. Section 30, Supplemental Benefit Component for Special Benefits; Chapter 175 Share Accounts, is a new Section being added to the plan. This Section creates a 'Share Plan', or defined contribution component, and the addition of a share plan is a requirement of recently adopted Chapter 2015-39, Laws of Florida, for all pension plans that are subject to the provisions of Chapters 175 and 185, Florida Statutes. This Share Plan provides for a share account for each member of the plan. The Share Plan is to be funded solely and entirely by Chapter 175, Florida Statutes, premium tax monies for each plan year that funding is made available to it in accordance with governing Florida Statutes and/or mutual agreement between the City and the plan members. This supplemental benefit, therefore, may or may not be funded. If the share plan is funded, at retirement, termination (vested), disability or death, there is an additional lump sum benefit paid to the eligible member. In this ordinance available share plan funding is allocated to the members' accounts based on a formula which provides an allocation based on years of credited service. Other allocation methods (i.e. equal allocation) could be considered if requested by the plan membership. Each share account receives its proportionate share of the income or loss on the assets in the plan. CM Ms. Montes De Oca November 6, 2015 Page 3 I ain enclosing a copy of a letter from the Board's actuary, Gabriel Roeder Smith & Company, indicating that there is no cost associated with the adoption of this ordinance. If you or any member of your staff have any questions with regard to this ordinance, please feel free to give me a call. In addition, if you feel it would be appropriate for me to be present at the meeting at which this ordinance is considered by the City Council, please contact my office to advise me of the date that the ordinance would be considered. Yours ve ly, Scott R. Christiansen SRC/dm enclosure cc: Janet McKinely cm cm G S eR Gabriel Roeder Smith &Company Consultants & Actuaries October 28, 2015 Mr. Glenn Hodges City of Okeechobee 55 S.E. Third Avenue Okeechobee, FL 349744221 Re: Okeechobee Municipal Firefighters' Pension Fund Actuarial Impact Statement for Proposed Ordinance Dear Glenn: One East Broward Blvd. 954.527.1616 phone Suite 505 ' 954.525.0083 fax Ft. Lauderdale, FL 33301-1804 www.gabdelroedercom We have reviewed the proposed ordinance amending the Okeechobee Municipal Firefighters' Pension Fund drafted by Scott Christiansen and dated September 25, 2015. This ordinance would amend the Plan as follows: ■ Changes the definitions ofActuarial Equivalent to use a new mortality table, Credited Service to reflect IRC changes and requirements, and spouse to reflect a Supreme Court ruling. ■ Includes IRC required language regarding Normal Retirement Age. ■ More clearly includes members terminated from the City for medical reasons who may be eligible for a disability pension. ■ For Partial Lump Sum Option (PLOP), clarifies that the amount is 20% of the total actuarial equivalent value of the member's benefit. ■ Requires proof of good health of the current joint pensioner for purposes of calculating revised benefit amounts when there is a change in joint pensioner. ■ Amends maximum pension to comply with IRC changes. • Amends minimum distribution of benefits for a reference clarification in subsection 23. (4). ■ Amends prior fire service to correct a reference in subsection S. • Amends Deferred Retirement Option Plan (DROP)to clarify investment returns, when interest and earnings are calculated and paid, and adds clarifying language as required by the IRS. • Creates a Share Plan as a Supplemental Benefit Component for Special Benefits funded by Chapter 175, Florida Statutes. In our opinion, this amendment will have no actuarial impact on the Plan. En Mr. Glenn Hodges City of Okeechobee October 28, 2015 Page 2 The attached Statement must be filed with the Division of Retirement before the final public hearing on the ordinance. Please have a member of the Board of Trustees sign the Statement. Then send the Statement along with a copy of the proposed ordinance to Tallahassee. Theora Braccialarghe and Jeff Amrose are members of the American Academy of Actuaries and meet the Qualification Standards of the American Academy of Actuaries to render the actuarial opinions contained herein. The undersigned actuaries are independent of the plan sponsor. This report has been prepared by actuaries who have substantial experience valuing public employee retirement systems. To the best of our knowledge the information contained in this report is accurate and fairly presents the actuarial position of the Plan as of the valuation date Respectfully submitted, Theora P. Braccialarghe, FSA, MAAA Enrolled Actuary No. 14-2826 cc: Scott Christiansen, Plan Attorney John Koepke, Board Chair 'Janet McK nley eff Aflose, NIAAA Enrolled Actuary No. 14-6599 Gabriel Roeder Smith & Company En M Description of Amendment MUNICIPAL FIREFIGHTERS' PENSION FUND Impact Statement — October 28, 2015 The proposed ordinance amends the plan as follows: ■ Changes the definitions ofActuarial Equivalent to use a new mortality table, Credited Service to reflect IRC changes and requirements, and spouse to reflect a Supreme Court ruling. ■ Includes IRC required language regarding Normal Retirement Age. ■ More clearly includes members terminated from the City for medical reasons who may be eligible for a disability pension. ■ For Partial Lump Sum Option (PLOP), clarifies that the amount is 20% of the total actuarial equivalent value of the member's benefit. ■ Requires proof of good health of the cw rent joint pensioner for purposes of calculating revised benefit amounts when there is a change in joint pensioner. ■ Amends maximum pension to comply with IRC changes. ■ Amends minimum distribution of benefits fora reference clarification in subsection 2.B. (4). ■ Amends prior fire service to correct a reference in subsection 5. • Amends Deferred Retirement Option Plan (DROP) to clam investment returns, when interest and earnings are calculated and paid, and adds claming language as required by the IRS. ■ Creates a Share Plait as a Supplemental Benefit Component for Special Benefits funded by Chapter 175, Florida Statutes. Funding Implications of Amendment There is no actuarial cost due to this ordinance. Certification of Administrator I believe the amendment to be in compliance with Part VII, Chapter 112, Florida Statutes and Section 14, Article X of the Constitution of the State of Florida. Jlr�'J�t� For(0e, Board of Trustees as Plan Administrator Gabriel Roeder Smith & Company i TMM ORDINANCE NO. 1133 AN ORDINANCE OF THE CITY OF OKEECHOBEE FURTHER AMENDING THE CITY OF OKEECHOBEE MUNICIPAL FIREFIGHTERS' PENSION FUND, ADOPTED PURSUANT TO ORDINANCE 889, AS SUBSEQUENTLY AMENDED; AMENDING SECTION 1, DEFINITIONS; AMENDING SECTION 6, BENEFIT AMOUNTS AND ELIGIBILITY; AMENDING SECTION 8, DISABILITY; AMENDING SECTION 10, OPTIONAL FORMS OF BENEFITS; AMENDING SECTION 15, MAXIMUM PENSION; AMENDING SECTION 16, MINIMUM DISTRIBUTION OF BENEFITS; AMENDING SECTION 27, PRIOR FIRE SERVICE; AMENDING SECTION 28, DEFERRED RETIREMENT OPTION PLAN; ADDING SECTION 30, SUPPLEMENTAL BENEFIT COMPONENT FOR EXTRA BENEFITS; CHAPTER 175 SHARE ACCOUNTS; PROVIDING FOR CODIFICATION; PROVIDING FOR SEVERABILITY OF PROVISIONS; REPEALING ALL ORDINANCES IN CONFLICT HEREWITH AND PROVIDING AN EFFECTIVE DATE. WHEREAS, the City of Okeechobee Firefighter employees are presently provided pension and certain other benefits under Ordinances of the City of Okeechobee; and WHEREAS, it becomes necessary from time to time to amend said ordinances in order to clarify or restate certain provisions of the ordinance, or to enact amendments to comply with revised Federal regulations; NOW THEREFORE, be it ordained before the City Council of the City of Okeechobee, Florida; presented at a duly advertised public meeting; and passed by majorityvote of the City Council; and properly executed bythe Mayor or designee, as Chief Presiding Officer for the City: SECTION 1: That the City of Okeechobee Municipal Firefighters' Pension Fund, adopted pursuant to Ordinance No. 889, as subsequently amended, is hereby further amended by amending Section 1, Definitions, to amend the definitions of "Actuarial Equivalent", "Credited Service", "Firefighter" and "Spouse", to read as follows: Actuarial Equivalent means that any benefit payable under the terms of this System in a form other than the normal form of benefit shall have the same actuarial present value on the date payment commences as the normal form of benefit. For purposes of establishing the actuarial present value of any form of payment other than a lump sum distribution, all future payments shall be discounted for interest and mortality by using seven percent (7%) interest and the 1994 Group A RP-2000 Combined Healthy Participant Mortality Table, proiected to 2015 using projection scale AA. using a for disabled lives. This definition may only be amended by the City pursuant to the recommendation of the Board using assumptions adopted by the Board with the advice of the plan's actuary, such that actuarial assumptions are not subject to City discretion. Credited Service means the total number of years and fractional parts of years of service as a Firefighter with Member contributions when required, omitting intervening years or fractional parts of years when such Member was not employed by the City as a Firefighter. A Member may voluntarily leave his Accumulated Contributions in the Fund for a period of five (5) years after leaving the employ of the Fire Department pending the possibility of being reemployed as a Firefighter, without losing credit for the time that he was a Member of the System. If a vested Member leaves the employ of the Fire Department, his Accumulated Contributions will be returned only upon his written request. If a Member who is not vested is not reemployed as a Firefighter with the Fire Department within five (5) years, his Accumulated Contributions, if one -thousand dollars ($1,000.00) or less, shall be returned. If a Member who is not vested is not reemployed within five (5) years, his Accumulated Contributions, if more than one -thousand dollars ($1,000.00), will be retumed only upon the written request of the Member and upon completion of a written election to receive a cash lump sum or to rollover the lump sum amount on forms designated by the Board. Upon return of a Member's Accumulated Contributions, all of his rights and benefits under the System are forfeited and terminated. Upon any reemployment, a Firefighter shall not receive credit for the years and fractional parts of years of service for which he has withdrawn his Accumulated Contributions from the Fund, unless the Firefighter repays into the Fund the contributions he has withdrawn, with interest, as determined by the Board, within ninety (90) days after his reemployment. The years or fractional parts of a year that a Member performs "Qualified Military Service" consisting of voluntary or involuntary "service in the uniformed services" as defined in the Uniformed Services Employment and Reemployment Rights Act (USERRA) (P.L.103-353), after separation from employment as a Firefighter with the City to perform training or service, shall be added to his years of Credited Service for all purposes, including vesting, provided that: A. The Member is entitled to reemployment under the provisions of USERRA. B. The Member returns to his employment as a Firefighterwithin one (1) yearfrom the earlier of the date of his military discharge or his release from active service, unless otherwise required by USERRA. C. The maximum credit for military service pursuant to this paragraph shall be five (5) years. D. This paragraph is intended to satisfy the minimum requirements of USERRA. To the extent that this paragraph does not meet the minimum standards of USERRA, as it may be amended from time to time, the minimum standards shall apply. In the event a Member dies on or after January 1, 2007, while performing USERRA Qualified Military Service, the beneficiaries of the Member are entitled to any benefits (other than benefit accruals relating to the period of qualified military service) as if the Member had resumed employment and then died while employed. Beginning January 1, 2009, to the extent required by Section 414(u)(12) of the Code, an individual receiving differential wage payments (as defined under Section 3401(h)(2) of the Code) from an employer shall be treated as employed by that employer, and the differential wage payment shall be treated as compensation for purposes of applying the limits on annual additions under Section 415(c) of the Code. This provision shall be applied to all similarly situated individuals in a reasonably equivalent manner. Firefighter means an actively employed full-time person employed by the City, including his initial probationary employment period, who is certified as a Firefighter as a condition of employment in accordance with the provisions of §633.35 633.408, Florida Statutes, and whose duty it is to extinguish fires, to protect life and to protect property. The term includes all certified, supervisory, and command personnel whose duties include, in whole or in part, the supervision, training, guidance, and management responsibilities of full-time firefighters, part-time firefighters, or auxiliaryfirefighters but does not include part- time firefighters or auxiliary firefighters. Spouse means the Members or Retiree's spouse under applicable law at the time benefits become payable. SECTION 2: That the City of Okeechobee Municipal Firefighters' Pension Fund, adopted pursuant to Ordinance No. 889, as subsequently amended, is hereby further amended by amending Section 6, Benefit Amounts and Eligibility, subsection 1., Normal Retirement Date, to read as follows: 1. Normal Retirement AQe and Date. SECTION 3: That the City of Okeechobee Municipal Firefighters' Pension Fund, adopted pursuant to Ordinance No. 889, as subsequently amended, is hereby further amended by amending Section 8, Disability, subsection 1., Disability Benefits In -Line of Duty, and subsection 3., Disability Benefits Not -in -Line of Duty, to read as follows: Disability Benefits In -Line of Duty. Any Memberwho shall become totally and permanently disabled to the extent that he is unable, by reason of a medically determinable physical or mental impairment, to render useful and efficient service as a Firefighter, which disability was directly caused by the performance of his duty as a Firefighter, shall, upon establishing the same to the satisfaction of the Board, be entitled to a monthly pension equal to three percent (3%) of his Average Final Compensation multiplied by the total years of Credited Service, but in any event, the minimum amount paid to the Member shall be forty-two percent (42%) of the Average Final Compensation of the Member. Terminated persons, either vested or nnn-vested_ are not eliaible for disabilitv benefits. exe 3. Disability Benefits Not -in -Line of Duty. Any Member with five (6) or more years of Credited Service who shall become totally and permanently disabled to the extent that he is unable, by reason of a medically determinable physical or mental impairment, to render useful and efficient service as a Firefighter, which disability is not directly caused by the performance of his duties as a Firefighter shall, upon establishing the same to the satisfaction of the Board, be entitled to a monthly pension equal to the greater of (i) or (ii) where (i) is two percent (2%) of Average Final Compensation multiplied by the total years of Credited Service and (ii) is a benefit determined in the same manner as for early retirement as set forth in Section 6, subsection 46, providing for an actuarial reduction. In any event, the minimum amount paid to the Member shall be twenty-five percent (25%) of his Average Final Compensation. Terminated persons, either vested or non -vested, are not eligible for SECTION 4: That the City of Okeechobee Municipal Firefighters' Pension Fund, adopted pursuant to Ordinance No. 889, as subsequently amended, is hereby further amended by amending Section 10, Optional Forms of Benefits, subsections 1.D. and 2., to read as follows: D. For any Member who does not participate in the DROP pursuant to Section 28, a lump sum payment payable to the Retiree equal to twenty percent (20%) of the present total actuarial equivalent value of the Retiree's accrued benefit at the date of retirement with the remaining eighty percent (80%) payable to the Retiree in a form selected by the Retiree and provided for in A,, or B or C above or in the normal form (10 year certain and life). A Retiree who is a participant in the Deferred Retirement Option Plan shall not be eligible to select this partial lump sum option. 2. The Member, upon electing any option of this Section, will designate the joint pensioner (subsection 1.A. above) or Beneficiary (or Beneficiaries) to receive the benefit, if any, payable under the System in the event of Member's death, and will have the power to change such designation from time to time. Such designation will name a joint pensioner or one (1) or more primary Beneficiaries where applicable. A Member may change his Beneficiary at any time. If a Member has elected an option with a joint pensioner and the Member's retirement income benefits have commenced, the Member may thereafter change his designated Beneficiary at any time, but my only change his joint pensioner twice. Subject to the restriction in the previous sentence, a Member may substitute a new joint pensioner for a deceased joint pensioner. In the absence of proof SECTION 5: That the City of Okeechobee Municipal Firefighters' Pension Fund, adopted pursuant to Ordinance No. 889, as subsequently amended, is hereby further amended by amending Section 15, Maximum Pension, subsections 6., 8., 12.B., and by adding subsection 13., to read as follows: 6. Less than Ten (10) Years of Participation ar­Ser&,e. The maximum retirement benefits payable under this Section to any Member who has completed less than ten (10) years of Gredited SeMee with the Gity participation shall be the amount determined under subsection 1 of this Section multiplied by a fraction, the numerator of which is the number of the Member's years of Oredited SeMee participation and the denominator of which is ten (10). The reduction provided by this subsection cannot reduce the maximum benefit below 10% of the limit determined without regard to this subsection. The reduction provided for in this subsection shall not be applicable to pre -retirement disability benefits paid pursuant to Section 8 or pre -retirement death benefits paid pursuant to Section 7. 8. Ten Thousand Dollar ($10 000) Limit: Less Than Ten Years of Service. Notwithstanding anything in this Section 15, the retirement benefit payable with respect to a Member shall be deemed not to exceed the limit set forth in this subsection 8. of Section 15 if the benefits payable, with respect to such Member under this System and under all other qualified defined benefit pension plans to which the City contributes, do not exceed ten thousand dollars ($10,000) for the applicable limitation year and or for any prior limitation year, and the City has not at any time maintained a qualified defined contribution plan in which the Member participated; provided, however, that if the Member has completed less than ten (10) years of Credited Service with the City, the limit underthis subsection 8. of Section 15 shall be a reduced limit equal to ten thousand dollars ($10,000) multiplied by a fraction, the numerator of which is the number of the Member's years of Credited Service and the denominator of which is ten (10). CM 12. B. No Member of the System shall be allowed to receive a retirement benefit or pension which is in part or in whole based upon any service with respect to which the Member is already receiving, or will receive in the future, a retirement benefit or pension from a different employer's retirement system or plan. This restriction does not apply to social security benefits or federal benefits under Chapter 671223, Title 10, U.S. Code. 13. Effect of Direct Rollover on 415(b) Limit. SECTION 6: That the City of Okeechobee Municipal Firefighters' Pension Fund, adopted pursuant to Ordinance No. 889, as subsequently amended, is hereby further amended by amending Section 16, Minimum Distribution of Benefits, subsection 2.B.(4), to read as follows: 2. B. (4) If the Member's surviving spouse is the Member's sole designated beneficiary and the surviving spouse dies after the Member but before distributions to the surviving spouse begin, this subsection 2.B., other than subsection 2.B.(1), will apply as if the surviving spouse were the Member. For purposes of this subsection 2.6. , distributions are considered to begin on the Member's required beginning date or, if subsection 2.B.(4) applies, the date of distributions are required to begin to the surviving spouse under subsection 2.13.(1). If annuity payments irrevocably commence to the Member before the Member's required beginning date (or to the Member's surviving spouse before the date distributions are required to begin to the surviving spouse under subsection 2.13.(1)), the date distributions are considered to begin is the date distributions actually commence. SECTION 7: That the City of Okeechobee Municipal Firefighters' Pension Fund, adopted pursuant to Ordinance No. 889, as subsequently amended, is hereby further amended by amending Section 27, Prior Fire Service, subsection 5., to read as follows: 5. In no event, however, may Credited Service be purchased pursuant to this Section for prior service with anyother municipal, county or special districtfire department, if such prior service forms or will form the basis of a retirement benefit or pension from a different employer's retirement system or plan as set forth in Section 15, subsection i 1.13. 12.13. SECTION 8: That the City of Okeechobee Municipal Firefighters' Pension Fund, adopted pursuant to Ordinance No. 889, as subsequently amended, is hereby further amended by amending Section 28, Deferred Retirement Option Plan, to read as follows: SECTION 28. DEFERRED RETIREMENT OPTION PLAN. Definitions. As used in this Section 28, the following definitions apply:" A. "DROP"— The City of Okeechobee Firefighters' Deferred Retirement Option Plan. 14111111110' B. "DROP Account" -- The account established for each DROP participant under subsection 3. C "Total return of the assets" -- For purposes of calculating earnings on a Member's DROP Account oursuant to subsection 3.13.(2)(b). for each fiscal year quarter, the percentage increase (or decrease) in the interest and dividends earned on investments including realized and unrealized gains (or losses) of the total plan assets. 2. Participation. A. Eligibility to Participate. In lieu of terminating his employment as a Firefighter, any Member who is eligible for normal retirement under the System may elect to defer receipt of such service retirement pension and to participate in the DROP. B. Election to Participate. A Members election to participate in the DROP must be made in writing in a time and manner determined by the Board and shall be effective on the first day of the first calendar month which is at least fifteen (15) business days after it is received by the Board. C. Period of Participation. A Member who elects to participate in the DROP under subsection 2.B., shall participate in the DROP for a period not to exceed sixty (60) months beginning at the time his election to participate in the DROP first becomes effective. An election to participate in the DROP shall constitute an irrevocable election to resign from the service of the City not later than the date provided for in the previous sentence. A Member may participate only once. D. Termination of Participation. (1) A Member's participation in the DROP shall cease at the earlier of: (a) the end of his permissible period of participation in the DROP as determined under subsection 2.C.; or (b) termination of his employment as a Firefighter. (2) Upon the Member's termination of participation in the DROP, pursuant to subsection (a) above, all amounts provided for in subsection 3.B., including monthly benefits and investment earnings and losses or interest, shall cease to be transferred from the System to his DROP Account. Any amounts remaining in his DROP Account shall be paid to him in accordance with the provisions of subsection 4. when he terminates his employment as a Firefighter. (3) A Member who terminates his participation in the DROP under this subsection 2.D. shall not be permitted to again become a participant in the DROP. E. Effect of DROP Participation on the System. (1) A Member's Credited Service and his accrued benefit under the System shall be determined on the date his election to participate in the DROP first becomes effective. The Member shall not accrue any additional Credited Service or any additional benefits under the System (except for any supplemental benefit payable to DROP participants or any additional benefits provided under any cost -of -living adjustment for Retirees in the System) while he is a participant in the DROP. After a Member commences participation, he shall not be permitted to again contribute to the System nor shall he be eligible for disability or pre -retirement death benefits, except as provided for in Section 29, Reemployment After Retirement. (2) No amounts shall be paid to a Memberfrom the System while the Member is a participant in the DROP. Unless otherwise specified in the System, if a Member's participation in the DROP is terminated other than by terminating his employment as a Firefighter, no amounts shall be paid to him from the System until he terminates his employment as a Firefighter. Unless otherwise specified in the System, amounts transferred from the System to the Member's DROP Account shall be paid directly to the Member only on the termination of his employment as a Firefighter. 3. Fundino. A. Establishment of DROP Account. A DROP Account shall be established for each Member participating in the DROP. A Member's DROP Account shall consist of amounts transferred to the DROP under subsection 3.B., and earnings or interest on those amounts. B. Transfers From Retirement System. (1) As of the first day of each month of a Member's period of participation in the DROP, the monthly retirement benefit he would have received under the System had he terminated his employment as a Firefighter and elected to receive monthly benefit payments thereunder shall be transferred to his DROP Account, except as otherwise provided for in subsection 2.D.(2). A Member's period of participation in the DROP shall be determined in accordance with the provisions of subsections 2.C. and 2.D., but in no event shall it continue past the date he terminates his employment as a Firefighter. (2) Except as otherwise provided in subsection 2.D.(2), a Member's DROP Account under this subsection 3.13. shall be debited or credited after eaeh fiseal year quarter with either: (a) Interest at an effective rate of six and one-half percent (6.5%) perannum compounded monthly determined on the last business day of the prior month's ending balance and credited to the Member's DROP Account as of such date (to be applicable to all current and future DROP participants); or (b) Earnings, to be credited or debited to the Member's DROP Account, determined as of the last business day of each fiscal year quarter and debited or credited as of such date, determined as follows: The average daily balance in a Member's DROP Account shall be credited or debited at a rate equal to the net investment return realized by the System for that quarter. "Net investment return" for the purpose of this paragraph is the total return of the assets in which the Member's DROP Account is invested by the Board net of brokerage commissions, transaction costs and management fees. "err+' V"W Upon electing participation in the DROP, the Member shall elect to receive either interest or earnings on his account to be determined as provided above. The Member may, in writing, elect to change his election only once during his DROP participation. An election to change must be made prior to the end of a quarter and shall be effective beginning the following quarter. (3) A Member's DROP Account shall only be credited or debited with earnings or interest and monthly benefits while the Member is a participant in the DROP. A Member's final DROP account value for distribution to the Member upon termination of participation in the DROP shall be the value of the account at the end of the quarter immediately preceding termination of participation for participants electing the net plan return and at the end of the month immediately preceding termination of participation for participants electing the flat interest rate return, plus any monthly periodic additions made to the DROP account subsequent to the end of the previous quarter or month, as applicable. and prior to distribution. If a Member fails to terminate employment after participating in the DROP for the permissible period of DROP participation, then beginning with the Member's 1st month of employment following the last month of the permissible period of DROP participation, the Member's DROP Account will no longer be credited or debited with earnings or interest, nor will monthly benefits be transferred to the DROP account. All such non - transferred amounts shall be forfeited and continue to be forfeited while the Member is employed by the Fire Department, and no cost -of -living adjustments shall be applied to the Member's credit during such period of continued employment. A Member employed by the Fire Department after the permissible period of DROP participation will be eligible for pre -retirement death and disability benefits, and will accrue additional Credited Service, only as provided for in Section 29. 4. Distribution of DROP Accounts on Termination of Employment. A. Eligibility for Benefits. A Member shall receive the balance in his DROP Account in accordance with the provisions of this subsection 4. upon his termination of employment as a Firefighter. Except as provided in subsection 4.E., no amounts shall be paid to a Member from the DROP prior to his termination of employment as a Firefighter. B. Form of Distribution. (1) Unless the Member elects otherwise, distribution of his DROP Account shall be made in a lump sum, subject to the direct rollover provisions set forth in subsection 4.F. Elections under this paragraph shall be in writing and shall be made in such time or manner as the Board shall determine. (2) If a Member dies before his benefit is paid, his DROP Account shall be paid to his Beneficiary in such optional form as his Beneficiary may select. If no Beneficiary designation is made, the DROP Account shall be distributed to the Member's estate. C. Date of Payment of Distribution. Except as otherwise provided in this subsection 4., distribution of a Members DROP Account shall be made as soon as administratively practicable following the Members termination of employment. Distribution of the amount in a Member's DROP account will not be made unless the Member completes a written request for distribution and a written election, on forms designated by the Board, to either receive a cash lump sum or a rollover of the lump sum amount. NOW D. Proof of Death and Right of Beneficiary or Other Person. The Board may require and rely upon such proof of death and such evidence of the right of any Beneficiary or other person to receive the value of a deceased Member's DROP Account as the Board may deem proper and its determination of the right of that Beneficiary or other person to receive payment shall be conclusive. E. Distribution Limitation. Notwithstanding any other provision of this subsection 4., all distributions from the DROP shall conform to the Minimum Distribution Of Benefits" provisions as provided for herein. F. Direct Rollover of Certain Distributions. This subsection applies to distributions made on or after January 1, 2002. Notwithstanding any provision of the DROP to the contrary, a distributee may elect to have any portion of an eligible rollover distribution paid in a direct rollover as otherwise provided under the System in Section 26. 5. Administration of DROP. A. Board Administers the DROP. The general administration of the DROP, the responsibility for carrying out the provisions of the DROP and the responsibility of overseeing the investment of the DROP's assets shall be placed in the Board. The members of the Board may appoint from their number such subcommittees with such powers as they shall determine; may adopt such administrative procedures and regulations as they deem desirable for the conduct of their affairs; may authorize one or more of their number or any agent to execute or deliver any instrument or make any payment on their behalf; may retain counsel, employ agents and provide for such clerical, accounting, actuarial and consulting services as they may require in carrying out the provisions of the DROP; and may allocate among themselves or delegate to other persons all or such portion of their duties under the DROP, other than those granted to them as Trustee under any trust agreement adopted for use in implementing the DROP, as they, in their sole discretion, shall decide. A Trustee shall not vote on any question relating exclusively to himself. B. Individual Accounts, Records and Reports. The Board shall maintain records showing the operation and condition of the DROP, including records showing the individual balances in each Member's DROP Account and the Board shall keep in convenient form such data as may be necessary for the valuation of the assets and liabilities of the DROP. The Board shall prepare and distribute to Members participating in the DROP and other individuals or file with the appropriate governmental agencies, as the case may be, all necessary descriptions, reports, information returns, and data required to be distributed or filed for the DROP pursuant to the Code and any other applicable laws. C. Establishment of Rules. Subject to the limitations of the DROP, the Board from time to time shall establish rules for the administration of the DROP and the transaction of its business. The Board shall have discretionary authority to construe and interpret the DROP (including but not limited to determination of an individual's eligibility for DROP participation, the right and amount of any benefit payable under the DROP and the date on which any individual ceases to be a participant in the DROP). The determination of the Board as to the interpretation of the DROP or its determination of any disputed questions shall be conclusive and final to the extent permitted by applicable law. M M A Limitation of Liabili (1) The Trustees shall not incur any liability individually or on behalf of any other individuals for any act or failure to act, made in good faith in relation to the DROP or the funds of the DROP. (2) Neither the Board nor any Trustee of the Board shall be responsible for any reports furnished by any expert retained or employed by the Board, but they shall be entitled to rely thereon as well as on certificates furnished by an accountant or an actuary, and on all opinions of counsel. The Board shall be fully protected with respect to any action taken or suffered by it in good faith in reliance upon such expert, accountant, actuary or counsel, and all actions taken or suffered in such reliance shall be conclusive upon any person with any interest in the DROP. 6. General Provisions. A. The DROP is not a separate retirement clan. B. Notional account. The DROP Account established for such a Member is a notional account used only for the purpose of calculation of the DROP distribution amount it is not a separate account in the System. There is no change in the System's assets, and there is no distribution available to the Member until the Members termination from the DROP. The Member has no control over the investment of the DROP account. C. No employer discretion. The DROP benefit is determined pursuant to a speck formula which does not involve employer discretion. D. IRC limit. The DROP Account distribution, along with other benefits payable from the System is subject to limitation under Internal Revenue Code Section 415(b). (A E) Amendment of DROP. The DROP may be amended by an ordinance of the City at any time and from time to time, and retroactively if deemed necessary or appropriate, to amend in whole or in part any or all of the provisions of the DROP. However, except as otherwise provided by law, no amendment shall make it possible for any part of the DROP's funds to be used for, or diverted to, purposes other than for the exclusive benefit of persons entitled to benefits under the DROP. No amendment shall be made which has the effect of decreasing the balance of the DROP Account of any Member. OF. Facility of Payment. If a Member or other person entitled to a benefit under the DROP is unable to care for his affairs because of illness or accident or is a minor, the Board shall direct that any benefit due him shall be made only to a duly appointed legal representative. Any payment so made 10 shall be a complete discharge of the liabilities of the DROP for that benefit. E G. Information. Each Member, Beneficiary or other person entitled to a benefit, before any benefit shall be payable to him or on his account under the DROP, shall file with the Board the information that it shall require to establish his rights and benefits under the DROP. D H. Prevention of Escheat. If the Board cannot ascertain the whereabouts of any person to whom a payment is due under the DROP, the Board may, no earlier than three (3) years from the date such payment is due, mail a notice of such due and owing payment to the last known address of such person, as shown on the records of the Board or the City. If such person has not made written claim therefor within three (3) months of the date of the mailing, the Board may, if it so elects and upon receiving advice from counsel to the System, direct that such payment and all remaining payments otherwise due such person be canceled on the records of the System. Upon such cancellation, the System shall have no further liability therefor except that, in the event such person or his Beneficiary later notifies the Board of his whereabouts and requests the payment or payments due to him under the DROP, the amount so applied shall be paid to him in accordance with the provisions of the DROP. E I. Written Elections. Notification. (1) Any elections, notifications ordesignations made by a Member pursuant to the provisions of the DROP shall be made in writing and filed with the Board in a time and manner determined by the Board under rules uniformly applicable to all employees similarly situated. The Board reserves the right to change from time to time the manner for making notifications, elections or designations by Members under the DROP if it determines after due deliberation that such action is justified in that it improves the administration of the DROP. in the event of a conflict between the provisions for making an election, notification or designation set forth in the DROP and such new administrative procedures, those new administrative procedures shall prevail. (2) Each Member or Retiree who has a DROP Account shall be responsible for furnishing the Board with his current address and any subsequent changes in his address. Any notice required to be given to a Memberor Retiree hereunder shall be deemed given if directed to him at the last such address given to the Board and mailed by registered or certified United States mail. If any check mailed by registered or certified United States mail to such address is returned, mailing of checks will be suspended until such time as the Member or Retiree notifies the Board of his address. F J. Benefits Not Guaranteed. All benefits payable to a Member from the DROP shall be paid only from the assets of the Member's DROP Account and neither the City nor the Board shall have any duty or liability to furnish the DROP with any funds, securities or other assets except to the extent required by any applicable law. G K. Construction. (1) The DROP shall be construed, regulated and administered under the laws of Florida, except where other applicable law controls. 11 Em cm (2) The titles and headings of the subsections in this Section 28 are for convenience only. In the case of ambiguity or inconsistency, the text rather than the titles or headings shall control. H L. Forfeiture of Retirement Benefits. Nothing in this Section shall be construed to remove DROP participants from the application of anyforfeiture provisions applicable to the System. DROP participants shall be subject to forfeiture of all retirement benefits, including DROP benefits. M. Effect of DROP Participation on Employment. Participation in the DROP is not a guarantee of employment and DROP participants shall be subject to the same employment standards and policies that are applicable to employees who are not DROP participants. SECTION 9: That the City of Okeechobee Municipal Firefighters' Pension Fund, adopted pursuant to Ordinance No. 889, as subsequently amended, is hereby further amended by adding Section 30, Supplemental Benefit Component for Extra Benefits; Chapter 175 Share Accounts, to read as follows: SECTION 30. SUPPLEMENTAL BENEFIT COMPONENT FOR SPECIAL 7 1. Individual Member Share Accounts. 2. Share Account Funding. A. Individual Member Share Accounts shall be established as of September 30 2015 for all Members and DROP participants who were actively empid as of October 1. 2014, Individual Member Share Accounts shall be credited with an allocation as provided for in the following subsection 3 of any premium tax monies which have been allocated to the share plan for that Plan Year, beginning with the Plan Year ending September 30, 2015. B. In addition any forfeitures as provided in subsection 4, shall be allocated to the individual Member Share Accounts in accordance with the formula set forth in subsection 4. 3. Allocation of Monies to Share Accounts. A. Allocation of Chapter 175 Contributions. W Effective as of September 30 2015, the amount of any premium tax monies allocated to the share plan shall be allocated to individual Member Share Accounts as provided for 12 '4.+ „400, M M (4) Re-emoloved Retirees shall be deemed new employees and shall receive an allocation based solely on the Credited Service in the reemployment period. B. Allocation of Investment Gains and Losses. C. On each valuation date each individual Member Share Account shall be adjusted to reflect the net earnings or losses resulting from investments during the year. The net earnings or losses allocated to the individual Member Share Accounts shall be the same percentage which is earned or lost by the total plan investments, including realized and unrealized gains or losses, net of brokerage commissions, transaction costs and management fees. Net earnings or losses are determined as of the last business day of the fiscal year, which is the valuation date, and are debited or credited as of such date. Allocation of Costs. Fees and Expenses. 13 D. No Right to Allocation. The fact of allocation or credit of an allocation to a Members Share Account by the Board shall not vest in any Member, any right, title, or interest in the assets of the trust or in the Chapter 175. Florida Statutes tax revenues except at the time or times to the extent and su lect to the terms and conditions provided in this Section. E. Members and DROP participant shall be provided annual statements setting forth their share account balance as of the and of the Plan Year. A. Forfeitures. 5. Eligibility For Benefits. A. Retirement Benefit. (1 A Member shall be entitled to one hundred percent (100%) of the value of his share account upon normal or early Retirement pursuant to Section 6 or if the Member enters the DROP, upon terminationL of employment. M Such payment shall be made as provided in subsection 6. B. Termination Benefit. M In the event that a Members employment as a Firefighter is terminated by reason other than retirement, death or disability, he shall be entitled to receive the value of his share account only if he is vested in accordance with Section 9. u Such payment shall be made as provided in subsection 6. C. Disability Benefit. L12 In the event that a Member is determined to be eligible for either an in -line of duty disability benefit pursuant to Section 8. subsection 1 or a not -in -line of duty disability benefit pursuant to Section 8 subsection 3., he shall be entitled to one hundred percent (100%) of the value of his share account. u Such payment shall be made as provided in subsection 6. D. Death Benefit. In the event that a Member or DROP participant dies while actively employed as a Firefighter, one hundred percent (100%) of the value of his Member Share Account shall be paid to his designated Beneficiary as provided in Section 7. Such payment shall be made as provided in subsection 6. 6. Payment of Benefits. 14 f 0 7. Benefits Not Guaranteed. 8. Notional Account. 9. No Emoloyer Discretion. The share account benefit is determined pursuantto a specificformula which does not involve employer discretion. 10. Maximum Additions. 11. IRC Limit. The share account distribution, along with other benefits payable from the System, is subject to -limitation under Internal Revenue Code Section 415(b). SECTION 10: Specific authority is hereby granted to codify and incorporate this Ordinance in the existing Code of Ordinances of the City of Okeechobee. SECTION 11: All Ordinances or parts of Ordinances in conflict herewith be and the same are hereby repealed. SECTION 12: If any section, subsection, sentence, clause, phrase of this ordinance, or the particular application thereof shall be held invalid by any court, administrative agency, or other body with appropriate jurisdiction, the remaining section, subsection, sentences, clauses, or phrases under application shall not be affected thereby. SECTION 13: That this Ordinance shall become effective upon adoption. 15 On 0 Introduced on first reading and set for public hearing this day of 2015. James E. Kirk, Mayor ATTEST: Lane Gamiotea, City Clerk Passed on second reading after public hearing this day of .2015. ATTEST: Lane Gamiotea, City Clerk APPROVED FOR LEGAL SUFFICIENCY: John R. Cook, City Attorney dm/ok/fire110-20-15.ord James E. Kirk, Mayor 16 NOW Exhibit 5 FDLE Jan 19, 2016 Florida Department of Business Support Law Enforcement Office of Criminal Justice Grants Post Office Box 1489 Richard L. Swearingen Tallahassee, FL 32302-1489 Commissioner (850) 617-1250 www.fdle.state.fl.us December 11, 2015 The Honorable James E. Kirk Mayor City of Okeechobee 55 Southeast Third Avenue Okeechobee, Florida 34974 Rick Scott, Governor Pam Bondi, Attorney General Jeff Atwater, Chief Financial Officer Adam Putnam, Commissioner ofAgriculture Re: Federal Fiscal Year (FFY) 2015 Edward Byrne Memorial Justice Assistance Grant -.(JAG) Program — Florida JAG Direct Dear Mayor Kirk: The Florida Department of Law Enforcement (FDLE) has received an award from the United States Department of Justice (USDOJ) for FFY 2015 JAG funds. These grant funds are distributed to units of local government based on local population and crime statistics reported to FDLE. FDLE has allocated $1,791.00 from this award for use by your agency, in accordance with the Florida JAG Direct distribution provision of Chapter 11 D-9, Florida Administrative Code. Please note these funds require monthly or quarterly expenditure and performance reporting. General instructions regarding the JAG direct application process can be found at the following link http://www.fdle.state.fl.us/Contentigrants/ia,qd.aspx. Applications that do not comply with the instructions or do not include all required information will be returned for revision or will have a special condition withholding funds placed on the grant at the time of award. Recipients must apply online using FDLE's grant management system, Subgrant Information Management Online (SIMON). SIMON can be accessed at http://simon.fdle.state.fl.us. The Project Start and End Dates on the application should reflect the period February 1, 2016 through June 30, 2016. Application completion will require an "Announcement Code" which is a security feature allowing access to the application. The Announcement Code for this application is JAGD1516. This code will remain active through the deadline for submission. Application completion will not be possible. without the announcement code. A user manual and video tutorial are available online for assistance. The deadline for submission is Friday, January 8, 2016. In addition to the electronic submission, recipients must,p.rint the completed application and required certifications and submit two hard copies (with original signatures) by Friday, January 15, 2016 to: Physical address for courier delivery: Office of Criminal Justice Grants Florida Department of Law Enforcement 2331 Phillips Road Tallahassee, FL 32308 Mailing address for USPS delivery: Office of Criminal Justice Grants Florida Department of Law Enforcement P.O. Box 1489 Tallahassee, Florida 32302-1489 Service • Integrity • Respect • Quality The Honorable James E. Kirk December 11, 2016 Page Two The intent and purpose of the JAG program is to improve the criminal justice system, reduce crime and improve public safety; and projects may be funded under any one of the JAG purpose areas. However, recipients are reminded that federal funds must not supplant those funds that have been .appropriated for the same purpose, and may not be used to pay all or part of any costs, positions, expenditures, etc. the recipient is already obligated or budgeted to pay. To further clarify, federal grant funds should not be utilized to support or accomplish an agency's baseline capabilities. Instead, grant funds should be used to enhance or implement those services which the agency is not able to support or sustain within existing capabilities. Please ensure the application clearly discusses the criminal justice or law enforcement program for which federal funds will be used, and the Scope of Work provides all required contract elements for project activities, deliverables and documentation. if funds are being requested for equipment•or technology, the application should provide discussion for how that equipment will provide services or support in addition to or outside of current agency capabilities. Our office is available Monday through Friday, 8:OOa.m.— 5:OOp.m. EDT at (850) 617-1250 to assist with any questions. For issues relating to SIMON, please contact Government Analyst Tim Colletti at (850) 617-1258. For questions regarding your proposal or the JAG program, please contact me or Planning Manager Randall Smyth at (860) 617-1250. We look forward to working with you to provide this important funding to Florida's agencies. Sincerely, Petrina Tuttle Herring Bureau Chief PTH/aw cc: Local Law Enforcement Agency On TO: Mayor and Council DATE: January 15, 2016 MEMORANDUM Exhibit 6 Jan 19, 2016 FROM: City Clerk/Personnel Administrator Gamiotea SUBJECT: City's Personnel Grievance Committee Appointments As per the City Personnel Policies and Procedures, the City Council needs to consider appointing a Grievance Committee, for two years, from the Police, Fire, Finance, Administration (includes General Services and Clerk's Office) and Public Works Departments. The following are the names submitted from each of the above departments. * Motion to appoint the Employee Grievance Committee, term being January 20, 2016 through January 31, 2018, or until their successor is appointed. Department Fire Public Works Finance Administration Police Member Phil Conroy Cody Rodriguez Melissa Henry Robin Brock Jack Boon Alternate Adam Crum Marvin Roberts Kim Barnes Jackie Dunham Danny Green AC ON LIST - January 1r; 201k rn f o u-bP 4 o `y--)l from the City Administrator's Desk SS SE 3rd Ave., Okeechobee, FL 34974 Okeechobee Music Festival — Meetings have been held with County to discuss traffic and potential assistance in emergency services. Per meeting 1/6 the county does not request any additional Fire assistance, City Police Department will be required for traffic within City (441/70 signalized intersection). Time will be monitored and billed to event via County Sheriffs' Department. - Centennial Time Capsule — Please bring in items if any for capsule, deadline extended thru end of this month. BRING ITEMS IN ASAP! - Centennial Park — Engineering and permit is underway. Staff continues searching for potential additional grants to shoreline stabilization and docks. Additional grant funding also being sought for project. - Grant Assistance /Administration —Preparing RFQ for assistance in obtaining grants for Centennial Park, City Ramp and FDOT transportation submissions. - Administration /Public Works HRTPO Grants Applications — Grant applications are underway for signals (NW 91" Street / Parrott & SW 61" Street / Parrott). - Building Department — Preliminary Plan Review — Building Department due to increase workload will not be completing preliminary application reviews unless accompanied by Building permit and applicable building fee. - Finance /General Services Lien Search —Working to prepare a resolution for fee schedule for services provided. Set to mimic County and surrounding areas as well. - Equipment — Requests for Fire, Police Dept, and Public Works are continuing. - Animal Control — awaiting County MOA from Sheriff's Dept. to further discuss and cease payment to county. (Pending additional discussion) - New Family Member — Donovan Whitehall will be beginning with Public Works 1/19/16. Page 1 Sound Ordinance — Still under review by City staff or implementation for Highway Traffic (no exhaust brake.. eea) ..,► - Centennial Walk — construction complete, final brick paver order will be end of January. First two rows of pavers on approach will be City Staff. FINAL ORDERS DUE BY JANUARY 31, 2016. - City Hall Municipal Sign - to be rehabilitated at first of the year- currently obtaining quotes. Planned project for first quarter of 2016. Coordination with Chamber and Leadership class for collaborative effort. - Primitive Baptist Church — awaiting family donation pending for the facility. Page 2 %W "0, / V G u! bL1& /u ss T7i'iVI b )ail 1 f, -�cf1 ' Dunkin Daily Sales Records bi'5- r/ ba�(,i oti Monday Gross Sales Count: 553 Eat in: 35.24% Drive-Thru: 64.58% Percent of gross sales sold between Sam to 11am: 66.06% -11am — 4pm: 17.97% (pizza store to open at 11 am) -11am — 4pm Eat in: 6.28% -6pm - 8pm Eat in: 2.24% Thursday.• Gross Sales Count: 572 Eat in: 44.12% Drive-Thru: 55.87% Percent of gross sales sold between 5am to 11am: 65.40% -11am — 4pm: 17.47% (pizza store to open at 11 am) -11am —4pm Eat in: 7.70% -6pm — 8pm Eat in: 2.51% Saturday.• Gross Sales Count: 619 Eat in: 41.57% Drive-Thru: 58.32% Percent of gross sales sold between 5am to 11am: 65.95% -11am — 4pm: 18.30% (pizza store to open at 11 am) -11am — 4pm Eat in: 7.60% -6pm — 8pm Eat in: 3.96% `AW 'rrd Dunkin Drive-thru Resolutions • Add an outside Expeditor • Add an internal Expeditor • Purchase double toaster oven • Purchase double sided sandwich station • New Manager in place • New Crew being trained on new Dunkin standards Print Page 1 of 2 Subject: GSD manual From: John Simoes (John.Simoes@Dunkinbrands.com) To: alzakhary@yahoo.com; Date: Monday, January 18, 201612:14 PM Hi Al, Per our discussion, here is the GSD manual that has tips and areas to focus on to help drive efficiency at the DT. I've also included the info on the new toaster which has shown a 20-30 second average improvement in the locations who already installed them. Feel free to reach out to Steve Rubiano or Danny Figueiredo who have these toasters in their whole network. Toaster info: sEti�,k-�5 .� a, r�� e Xb�.ws'�a-'mow a�. `� •, ���,. � ,,�;. �,�E�� . -.� -.� -.�.� 44 i + is iw ` 40 610 40 +rl V40 V V 02 >....n..�_-r Objective/Results: Reduce Turbo Chef cycles by 20% and increase throughput. MATCO: DUAL BELT TOASTER ( DEFAULT) et iy bflen it tN lEeifn it I.., rit It 1— 1:1 Thank You and have a Great Day rssssessssssssssssssrsssrssrrr John Simoes Operations Manager South Central Fort Pierce - West Palm Beach - Miami Dunkin Brands Inc. Office: 1-781-737-5036 Fax:1-781-737-6036 Cell: 1401-864-5481 Email: john.simoes@dunkinbrands.com .mil] E � [ { f https://us-mg6.mail.yahoo.com/neo/launch?.rand=dO7c4nhlaq524 1 / 18/2016 In M The Guest Service Diagnostic (GSD) tool continues to be a core element of the operational tool kit as we continually improve the operational excellence and efficiency in the restaurant. Operating Systems philosophy of simplification has been applied to the tool and we have developed a new format which has enhanced the process and dramatically reduced the time to complete the tool. The new format now requires the user to measure a total of 10 guests versus the previous version which required 60 guests. The updated tool and user guide has been updated and is available on OPS Source, utilization of the tool will continue to drive improvement within your restaurants. Key Changes Simplification of time measurement process to include following one guest through the entire service function Built in equation functionality to assist with timing calculations Updated root cause issues • Updated station layouts • Enhanced deployment sequencing guide Brand Timing Standards & Targets SERVICE Menu/Order Time (includes greet response time) 25 seconds Window Time 30 seconds Transaction Time (Front counter) 120 seconds Service Time Drive-thru 150 seconds Front counter 120 seconds Total Experience Time (target) 300 seconds PRODUCT Reaction to VDU 10 seconds Product Build - Single Item • Sandwich Station 40 - 60 seconds • Bakery 30 - 40 seconds • Hot/Iced Coffee 10 - 30 seconds • Espresso 40 - 50 seconds • Coolatta 30 - 40 seconds • Hot Winter Beverage 10 - 20 seconds Order Cycle Time 120 seconds 092413 Z dun GSD 2,0 dunkin' M t • 1 i PC# • • SERVICE TIMINGS (CHECK DT OR FC) Drive-thru E Front Counter DT: Guest enters DT line A A A A A ENTER FC: Guest enters FC line 0 0 0 0 0 AVG TIMER QUEUE DT: Guest reaches DT speaker B C-B B C-13 B C-B B C-B B C-B FC: Guest reaches front counter MENU OR DT: Guest Is given the order total C C C C C ORDER TIME FC: Guest is given the order total DT: Guest arrives at the window, D E- D D E- D D E- D D E- D D E- D FC: Enter time from C WINDOW OR DT: Guest receives order/receipt E E E E E TRANS TIME FC: Guest receives order/receipt E-B E-B E -B E-B E-B SERVICE TIME TOTAL Enter time from E EXPERIENCE PRODUCT T I MING S Sandwich Station Bakery E Hot/iced Coffee E Espresso E Coolatta N Hot Winter Beverage APPEARS ON Stan timing A A 0 A 0 A 0 A 0 AVG AVG VDu Enter time Crew starts to make the first B BUILD C-B B BUILD C-B B BUILD C-B B BUILD C-B B BUILD C-B B REACTION TO product of the order VDU Enter time the first product of the order is C C c c C C - B PRODUCT completed BUILD TIME ORDER CYCLE Enter time the total order is complete TIME (AII items in the order) Improper staffing levels Improper crew deployment Crew not staying in Hot or iced coffee not Thawed or prepped Improper equipment Station not organized position available product not layout av ilable Improper procedures performed Primary & secondary duties not Targets not set & communicated Wading on product - beverage Waiting on product - sandwich Equipment problem or malfunction Waiting for equipment to be free followed F- = F----= I Manager is Manager Slide deployment Hot holding Products not Missing equipment der not actively improperly not in use levels too low stocked at stations managing positioned or riot in use • •EQUIPMENT UyL413 dun GSD 2.o 3 In Item 16: Restrictions on What the Franchisee May Sell We require you to confine your business to the operation of a Restaurant. You may not conduct any other business or activity at the Restaurant without our prior written approval. You may only offer or sell products approved by us and you must offer for sale the full menu prescribed by us. We may add, delete or change approved products that you are required to offer from time to time. There are no limits on our right to do so. If you have an APOD Restaurant, the menu prescribed by us may be different than the full menu required in our traditional stores. In offering products for sale, you may only use products, materials, ingredients, supplies, paper goods, uniforms, fixtures, furnishings, signs, equipment approved by us and you must follow methods of product preparation and delivery that meet our requirements. We impose no customer restrictions on the sale of products at your Restaurant, however, your franchise is limited to one location and all sales must be made from that location. You are not permitted to sell or distribute goods or services through the use of the Internet or other electronic communications. 84 on 0 m 11 i% eq C N m C w E u c E c i +.A- � "' m c a 0 E amo E E E m E C O E E 0 u C7 N � 7 ifl C 4cc '4 G 41 C CSC C � :3 cl