1976 ORDINANCES - Laserfiche WebLink

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• 0 (G) PURSUANT TO A TRAFFIC ENGINEERING AND TRAFFIC SURVEY AS REQUIRED BY §46.1-180 OF THE CODE OF VIRGINIA, AS AMENDED, THE FOLLOWING SPEED LIMITS ARE IMPOSED AS HEREINAFTER SET FORTH: SPEED STREET FROM TO LIMIT 5TH STREET, S.W. CHERRY AVENUE SOUTH CORPORATE LIMITS 45 CLERK ADOPTED BY THE COUNCIL FEBRUARY 2, 1976 AYES: MR. BARBOUR, MR. FIFE, MR. GILLIAM MRS. RINEHART AND MR. VAN YAHRES NOES: NONE. PRESIDENT AN ORDINANCE TO REPEAL $§2-200 AND 2-202 THROUGH 2-219 OF ARTICLE XVI, CHAPTER 2 OF THE CODE OF THE CITY OF CHARLOTTESVILLE, 1965 AS AMENDED, AND TO ENACT IN LIEU THEREOF NEW SECTIONS NUMBERED 2-219.1 THROUGH 2-219.19; THE ADDED AND REPEALED SECTIONS RELATING TO THE CITY SUPPLEMENTAL RETIREMENT OR PENSION PLAN AND ESTABLISHING THE TERMS AND CONDITIONS THEREOF. BE IT ORDAINED BY THE COUNCIL OF THE CITY OF CHARLOTTESVILLE: :.� 1. THAT §§2-200 AND 2-202 THROUGH 2-219 OF THE CODE OF THE CITY OF CHARLOTTESVILLE, 1965 BE REPEALED. 2. THAT THE CODE OF THE CITY OF CHARLOTTESVILLE, 1965 BE AMENDED BY ADDING, IN ARTICLE XVI OF CHAPTER 2 THEREOF, NEW SECTIONS NUMBERED 2-219.1 THROUGH 2-219.19, AS FOLLOWS: SECTION 2-219.1. DEFINITIONS. AS USED IN THIS ARTICLE, UNLESS A DIFFERENT MEANING IS PLAINLY REQUIRED BY THE TEXT: ACTUARIAL EQUIVALENT MEANS A BENEFIT VALUE WHEN COMPUTED UPON THE BASIS OF SUCH ACTRARIAL TABLES AS ARE ADOPTED BY THE COMMISSION. /PPOINTING AUTHORITY MEANS THE CITY COUNCIL IN THE CASE OF CITY COUNCIL APPOINTEES; THE COMMISSIONER OF THE REVENUE, THE CITY TREASURER, THE CITY SHERIFF AND THE CLERK OF THE CIRCUIT COURT IN THE CASE OF THEIR EMPLOYEES; AND THE CITY MANAGER IN THE CASE OF ALL OTHER MEMBERS OF THE PLAN, EXCEPT FOR THE AFORESAID ELECTED CONSTITUTIONAL OFFICERS. AVERAGE FINAL COMPENSATION MEANS THE AVERAGE ANNUAL CREDITABLE COMPENSATION • OF A MEMBER DURING THE THREE CONSECUTIVE YEARS OF CREDITABLE SERVICE IN WHICH SUCH COMPENSATION WAS AT ITS GREATEST AMOUNT. BENEFICIARY MEANS ANY PERSON ENTITLED TO RECEIVE BENEFITS UNDER THIS ARTICLE. COMMISSION MEANS THE RETIREMENT PLAN COMMISSION PROVIDED FOR IN SECTION 2-219.1 OF THIS CODE. CREDITABLE COMPENSATION MEANS THE FULL COMPENSATION PAYABLE ANNUALLY TO AN EMPLOYEE WORKING THE FULL NORMAL WORKING TIME FOR HIS POSITION EXCLUSIVE OF OVER- TIME. THE CREDITABLE COMPENSATION OF AN EMPLOYEE PAID ON AN HOURLY BASIS SHALL BE COMPUTED AT HIS REGULAR HOURLY RATE TIMES THE REGULAR NUMBER OF WORKING HOURS PER WEEK TIMES FIFTY-TWO. IN CASES WHERE COMPENSATION INCLUDES MAINTENANCE AND OTHER PERQUISITES, THE CITY MANAGER SHALL FIX THE VALUE OF THE PART OF THE COMPENSATION • NOT PAID IN MONEY. CREDITABLE SERVICE MEANS, FOR ANY MEMBER WHO IS IN SERVICE AT ANY TIME AFTER JULY 1, 1975, HIS TOTAL SERVICE AS AN EMPLOYEE, WHETHER OR NOT CONTINOUS,