1966-07-18 - Laserfiche WebLink

Home Browse Search

3-68 COUNTY WATER ~ SEWER CONNECTION - R. M. DAVIS REQUEST RE: RELIEF FROM PENALTY DENIED REPORT RE: RETIREMENT PLAN COMMISSION AMENDMENT REPORT RE: LIFE INSURANCE- CitY EMPLOYEES. A REQUEST FOR A COUNTY WATER AND SEWER CONNECTION WAS PRESENTED FROM R. M. DAVIS MOTORS ON ROUTE 29, NORTH. THE CITY MANAGER RECOMMENDED THAT THE REQUEST BE GRANTED UNDER THE USUAL'.TERMS AND CONDITIONS. ON MOTION BY MR. RENNOLDS, SECONDED BY MR. SCRIBNER, THE FOREGOING RECOMMENDATION WAS UNANIMOUSLY ADOPTED. A COMMUNICATION WAS PRESENTED FROM ECONO-CAR INTERNATIONAL REQUESTING RELIEF FROM THE PENALTY ON ITS DELINQUENT PERSONAL PROPERTY TAXES. THE CITY ATTORNEY AND CITY ADVISED THE COUNCIL THAT THE STATE/CODES REQUIRE THE ASSESSMENT OF PENALTIES ON DELINQUENT TAXES. ON MOTION BY MR. SCRIBNER, SECONDED BY MR. HAGGERTY~ THE CLERK WAS INSTRUCTED TO SO ADVISE THE APPLICANT. A REPORT WAS PRESENTED FROM THE RETIREMENT PLAN COMMISSION RECOMMENDING THE AMENDMENT OF THE RETIREMENT PLAN ORDINANCE TO ADJUST THE MONTHLY BENEFITS. ON MOTION BY MR. SCRIBNER, SECONDED BY MR. PONTON, THE FOREGOING RECOMMENDATION WAS UNANIMOUSLY ADOPTED, AND THE CITY ATTORNEY WAS INSTRUCTED TO PREPARE THE PROPER ORDINANCE. THE FOLLOWING REPORT WAS PRESENTED FROM THE RETIREMENT PLAN COMMISSION RE- COMMENDING AN ADJUSTMENT IN THE AMOUNT OF LIFE INSURANCE PROVIDED TO EACH CITY EMPLOYEE: JULY 15, 1966 To THE MEMBERS OF THE COUNCIL CITY OF CHARLOTTESVILLE, VI~RGINIA GENTLEMEN: AT A MEETING OF THE RETIREMENT PLAN COMMISSION ON JULY 15~ 1966 THE COMMISSION VOTED TO RECOMMEND TO THE CITY COUNCIL THAT THE AMOUNT OF LIFE INSURANCE TO BE PROVIDED EACH CITY EMPLOYEE BE AS FOLLOWS, EFFECTIVE AUGUST 1, 1966: SALARIED EMPLOYEES EARNING UP TO AND INCLUDING ~4500.00, AND ALL EMPLOYEES WHO ARE PAID ON AN HOURLY OR WEEKLY ...... ~5,000.00 BASIS .................. SALARIED EMPLOYEES EARNING OVER ~4500.00 UP TO AND INCLUDING ~7500.00 PER YEAR SALARIED EMPLOYEES EARNING OVER ~7500.00 UP TO AND INCLUDING ~lO,O00. O0 PER YEAR .......... SALARIED EMPLOYEES EARNING MORE THAN ~'t0,000.00 PER YEAR ............... ° ' 7,500.00 10,000.00 .... 12,500.00 THE ABOVE INSURANCE BENEFITS WOULD DECREASE 2~ EACH MONTH AFTER AGE 65 UNTIL THE AMOUNT OF INSURANCE AMOUNTED TO 1/2 OF THE ORIGINAL BENEFIT WHICH WOULD CONTINUE AS A PERMANENT BENEFIT AFTER RETIREMENT. THE AMOUNT OF EACH EMPLOYEE15 INSURANCE WOULD BE DETERMINED EACH JULY 1ST AND NO INCREASE OR DECREASE IN THE AMOUNT OF HIS POLICY WOULD BE MADE DURING THE FISCAL YEAR EXCEPT AS SET FORTH ABOVE FOR OVER AGE 65. No EMPLOYEE WOULD BE ELIGIBLE FOR INSURANCE UNDER THIS POLICY UNTIL HE HAD COMPLETED 6 CONTINUOUS MONTHS OF SERVICE WITH THE CITY. WE ALSO RECOMMEND THAT IF SAT$SFACTORY ARRANGEMENTS CAN BE MADE WITH THE iNSURANCE COMPANY THAT EACH EMPLOYEE OR GROUP OF EMPLOYEES BE ALLOWED TO PURCHASE UP TO 100~ OF ADDITIONAL INSURANCE AT THE RATE OF ~0.70 PER MONTH FOR EACH ~lO00. OO OF INSURANCE. WE ESTIMATE THAT THE YEARLY COST TO THE CITY FOR THE FOREGOING WOULD BE APPROXIMATELY $t8~000.00 PER YEAR INSTEAD OF THE PRESENT ESTIMATED COST OF ~8,000.00. RESPECTFULLY SUBMITTED, L. G. HARDING (SIGNED). LINDSAY B. MOUNT (St_GNED) J.' S. RUSH, d?,. ,(SIGNEDI ON MOTION BY MR. HAGGERTY, SECONDED BY MR. SCRIBNER, THE FOREGOING RECOMMENDATIONS WERE UNANIMOUSLY ADOPTED. ON MOTION BY MR. RENNOLDS, 'SECONDED BY MR. PONTON~ THE FOLLOWING RESOLUTION WAS UNANIMOUSLY ADOPTED: UNDEVELOPED WHEREAS, THE PROPERTY OWNERS OWNING THE ABUTTING PROPERTY oN/COTTAGE LANE AS HEREINAFTER DESCRIBED, DESIRE SUCH STREET TO BE CLOSED, AND