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Resolution 95-826RESOLUTION NO. 95-826 A RESOLUTION OF THE CITY OF LONG WOOD, FLORIDA RELATING TO REVOKING MEMEERSHIP IN THE FL.ORtDA RET112EMENT SYSTEM; PROVIDING FOR AN EFFECFIVE DATE WHEREAS pursuant to Chapter 95338, Laws of Florida, the City of t.engwood, Florida declnr is policy avd purpose oration n[election to par ieipate v the Florida 12etireanenteSystem for ell employees or officers hired on or after January 1. '199G: and WHEREAS, ell urnployees and officers of the City o[ Longwood, Florida who re parti<ipnvte in the Florida Retirement System bnfore laovery 1, 1996 re par ieipa~ v the system for along as tbey a employee o[Gce of the City of Longwood, Florida, and alI rights, dutlre, and obllgelicvs of the CiTy of Longwcod, Florida, the system, and the employees and officers remain in e(feeL and WHEREAS, an employee or officer who is hired or taken office on or nftra' January 1, 1996 may not par icipate n the Florida Ret it Systc and the Clty of LungwooQ Florida has no o011gation w the system with rrespect to such wnploiyees and offices: and WHEREAS, it is the intent of the City of Longwood Florida to establish an alternative retirement plan for all employees or officers hired on or after ]anuary 1, 1996 effective by separate resolution. NOW. THEREFORE. 6E IT ADOPTED EY THE CITY OF LONG WOOD, FLORIDA Section I: It is hereby deelnred to be ~Iie policy and purpose of llie City of Longwood, Florida voke elec o participate hr the Florida Retirement System far all employees or offeers hired on or after January 1, 1996. Secio 2' This resolution shall re in full force xnd effcot until sippleniented, amended, repealed or oWe~wise altered! ; ~vol~3~ This resolution ehall be publialied as rulnirecl Iry the Cade of the City of Longwood, Florida. 12eaolu Gion No. 95-826 Pagv _ _ _. "i Ctiapte "5-33fl, id I ~ ~. ,. ~ 'OR ti nn anc nd ~~ -- Florida, 1