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Item G04G.4 G BOARD OF COUNTY COMMISSIONERS County of Monroe Mayor David Rice, District 4 IleOI1da Keys l'U� Mayor Pro Tem Sylvia J. Murphy, District 5 �pw° Danny L. Kolhage, District I George Neugent, District 2 Heather Carruthers, District 3 County Commission Meeting November 20, 2018 Agenda Item Number: G.4 Agenda Item Summary #4742 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, Sergio Garcia, is now eligible for benefits as of January 1, 2019. 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: 01/01/19 Expiration Date: 12/30/28 Total Dollar Value of Contract: n/a Total Cost to County: $28,800.00 Current Year Portion: $ 2,160.00 Budgeted: Yes Source of Funds: LOSAP Trust Fund Account #14500-530360 Packet Pg. 243 G.4 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 h] WTA 1 1117:" James Callahan Completed Gary Boswell Completed Pedro Mercado Completed Budget and Finance Completed Maria Slavik Completed Kathy Peters Completed Board of County Commissioners Pending $2,400.00 10/19/2018 3:23 PM 10/22/2018 10:01 AM 10/22/2018 10:54 AM 10/23/2018 12:51 PM 10/23/2018 1:57 PM 10/24/2018 1:58 PM 11/20/2018 9:00 AM Packet Pg. 244