ORD NO 14-1975 ORDINANCE ND. 1975
AN ORDINANCE TO PROVIDE RETIREMENT BENEFITS FIR CITY ATTORNEYS
DE THE CITY OF VAN BUREN ARKANSAS AS PROVIDED BY ACT 354 of 1975.
Be it ordained by the City Council of the City of Van Buren,
Arkansas:
1. That any elected City Attorney of the City of Van Buren,
Arkansas, upon serving as elected City Attorney of such
City for a period of not less than fifteen (15) years
and upon retiring at the age of sixty (60) years, or
upon serving as elected City Attorney of such City for
a period of twenty (20) years without regard to age,
shall be e ntitled to retirement with an annuity for
the remainder of his, or her, natural life, payable at
the rate of one -half (z) the salary payable to such
City Attorney at the time of his retirement provided
no benefits to such attorneys will be in excess of
two- thousand- five hundred dollars (52,500.00) per year.
2. It is hereby found and determined by the City Council
of the City of Van ''uren, Arkansas, that the authoriz-
ation of reasonable retirement allowance for elected
City Attorneys in the City of Van Buren, Arkansas, is
essential to the recruitment and retention of compentent
attorneys, and that the immediate passage of the Ordinance
is necessary to accomplish said purpose; therefore, an
emergency is hereby declared to exist, the this Ordinance
being necessary for the immediate preservation of the
public peace, health and safety, shall be in full force
and effect from,and after, its passage and approval.
4090ry
Mayor
Attested:
Lity Clerk