Item C02M
C ounty of f Monroe
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BOARD OF COUNTY COMIVIISSIONERS
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Mayor George Neugent, District 2
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Mayor Pro Tern David Rice, District 4
Danny L. Kolhage, District 1
Heather Carruthers, District 3
Sylvia J. Murphy, District 5
County Commission Meeting
July 19, 2017
Agenda Item Number: C.2
Agenda Item Summary #3098
BULK ITEM: Yes DEPARTMENT: Fire
TIME APPROXIMATE: STAFF CONTACT: Valeri Kolessar (305) 289 -6014
N/A
AGENDA ITEM WORDING: Approval by the Board, acting as Plan Administrator of the Length
of Service Award Plan ( LOSAP), to begin 10 -year disbursement of funds to one eligible participant.
ITEM BACKGROUND: In June 1999, the Board approved an Ordinance providing for the
creation of a Length of Service Award Plan for volunteer firefighters. A member is now eligible for
benefits as of October 1, 2017.
PREVIOUS RELEVANT BOCC ACTION: On June 9, 1999, the Board approved Ordinance No.
026 -1999 providing for the creation of a Length of Service Award Plan for volunteer firefighters.
Subsequently, annually the Board has approved the current actuarial valuation and credit of an
additional year of service.
CONTRACT /AGREEMENT CHANGES:
N/A
STAFF RECOMMENDATION: Approval
DOCUMENTATION:
FINANCIAL IMPACT:
Effective Date: 10/01/17
Expiration Date: 09/30/27
Total Dollar Value of Contract: n/a
Total Cost to County: $32,400.00
Current Year Portion: $ 810.00
Budgeted: Yes
Source of Funds: LOSAP Trust Fund Account #14500 - 530360
CPI: No
Indirect Costs: None
Estimated Ongoing Costs Not Included in above dollar amounts: None
Revenue Producing: No
Grant: No
County Match: No
Insurance Required: No
Additional Details:
If yes, amount:
LOSAP Trust Fund 14500 - 530360 established to provide funding
07/19/17 610 -14500 - LOSAP PENSION $810.00
REVIEWED BY:
James Callahan
Completed
06/29/2017 2:15 PM
Gary Boswell
Completed
06/29/2017 2:29 PM
Pedro Mercado
Completed
06/30/2017 1:46 PM
Budget and Finance
Completed
06/30/2017 2:42 PM
Kathy Peters
Completed
06/30/2017 3:53 PM
Board of County Commissioners
Pending
07/19/2017 9:00 AM