Item F07 F.7
G BOARD OF COUNTY COMMISSIONERS
County of Monroe Mayor Sylvia Murphy,District 5
The Florida.Keys l'U � � Mayor Pro Tern Danny Kolhage,District 1
�pw° Michelle Coldiron,District 2
Heather Carruthers,District 3
David Rice,District 4
County Commission Meeting
November 20, 2019
Agenda Item Number: F.7
Agenda Item Summary #6192
BULK ITEM: Yes DEPARTMENT: Emergency Services
TIME APPROXIMATE: STAFF CONTACT: James Callahan (305) 289-6088
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 December 15, 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: 12/15/19
Expiration Date: 12/14/29
Total Dollar Value of Contract: N/A
Total Cost to County: $28,800.00
Current Year Portion: $ 2,400.00
Budgeted: Yes
Source of Funds: LOSAP Trust Fund Account#14500-530360
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F.7
CPI: No
Indirect Costs: None
Estimated Ongoing Costs Not Included in above dollar amounts: None
Revenue Producing: No If yes, amount:
Grant: No
County Match: No
Insurance Required: No
Additional Details:
LOSAP Trust Fund 14500-530360 established to provide funding
12/15/19 610-14500 - LOSAP PENSION $2,400.00
REVIEWED BY:
Mark Thompson Completed 10/18/2019 2:31 PM
James Callahan Completed 10/21/2019 10:27 AM
Pedro Mercado Completed 10/21/2019 10:54 AM
Budget and Finance Completed 10/21/2019 4:39 PM
Maria Slavik Completed 10/22/2019 9:10 AM
Kathy Peters Completed 10/22/2019 9:14 AM
Board of County Commissioners Pending 11/20/2019 9:00 AM
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