2017-08 FireFighters Pension FundRESOLUTION NO. 2017-08
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
OKEECHOBEE, FLORIDA; APPROVING AND ADOPTING A MUTUAL
CONSENT AGREEMENT WITH THE LOCAL NO. 2918
INTERNATIONAL ASSOCIATION OF FIREFIGHTERS FOR SHARING
OF STATE OF FLORIDA PROPERTY INSURANCE LOCAL PREMIUM
TAX FUNDS AND CURRENT RESERVE AMOUNTS; PROVIDING FOR
AMENDMENTS THERETO; PROVIDING FOR CONFLICT; PROVIDING
FOR SEVERABILITY; AND PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, as provided by Florida Statute, the allocation of the annual State of Florida Property Insurance
Local Premium Tax funds as well as curren' reserve amounts held by the City of Okeechobee are
subject to negotiation and agreement between the City and the Union representing the Firefighters;
and
WHEREAS, the applicable Statutes provide for a default method of sharing such funds in the event the City
of Okeechobee and Firefighters Union are unable to otherwise come to an agreement; and
WHEREAS, Florida Statute 175.351 sets out the default methodology, in which case the shared funds are
allocated in a 50/50 arrangement between the parties; and
WHEREAS, Local No. 2918 International Association of Firefighters submitted a mutual consent agreement
in which it is proposed that State of Florida Property Insurance Local Premium Tax funds and
current reserve amounts, as well as the use of future State of Florida Property Insurance Local
Premium Tax funds will be allocation via the default method as provided in Florida Statutes
175.351 on a 50/50 basis effective for the share plan allocation on October 1, 2015, and each
annual allocation thereafter, unless amended by further agreement.
NOW, THEREFORE, be it resolved before the City Council for 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: The City Council for the City of Okeechobee, Florida hereby resolves and agrees to the
described methodology for allocation of State of Florida Property Insurance Local Premium
Tax funds and current reserves as set out herein, subject to amendment by further
agreement between the City and the Local No. 2918 International Association of
Firefighters.
SECTION 2:
SECTION 3:
SECTION 4:
Conflict. All Resolution or parts of Resolutions in conflict herewith are hereby repealed.
Severability. If any section, subsection, sentence, clause, phrase or portion of this
Resolution, or application hereof, is for any reason held invalid or unconstitutional by any
court of competent jurisdiction, such portion or provision and such holding shall not affect
the validity of the remaining portions or applications here.
Effective Date. This Resolution shall take effect on October 1, 2015.
INTRODUCED AND ADOPTED in Regular Session this 20th day of June, 2017.
ATTE$T:
Lane amiotea, CMC, ity Clerk
REVIEWED FOR LEGAL SI. FICIENCY:
Jo n R. Cook, City Attorney
RESOLUTION No. 2017 -08 PAGE 1 OF 1
Dowling R. Wat Ord, Jr., Mayor