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1959-429ORDINANCE NO. 429 AN 0RDINANIICE ASSESSING AND IMPOSI T � hu`ON EVERY INSURANCE�COMPANY, CORPORATION OR OTHER INSURE NOW ENGAGED ' IN ' OR- CARRYING ON FOR ON SHALL HER AFTER ENGAGE IN 0T; CARRY ON THE BUSINESS -OF IN SURATICE AGAINST LOSS AND DAMAGE BY FIRE OR'TOR AN EXCISE OR LICENSE TAX, IN ADDITIOt TO_ANY,L� LICENSE OIt EXCISE TAX \I}W LEVIED BY THE CITY, A .: COLI, CTED�ON'FIRL;'AND TORNADO INSURANCE POLICIES COVER _ _., ING P O'Br1i �'ES WITHIN THE CORPORATE LIMITS `OF THE CITY <. OF SOUTH• MIAMI: ESTABhISHING A FIRF%EN' S RELIEF ;AID PENSIOTJ FUND: ESTABLIS Ii:G='A BOARDVt)F, TRUS`.l'EES FOR Y THE FUND: PROVIDING FOR THE POidERS OF THE BOARD `OF TR �STEES: PROVIDING FOR PAY•iENTS TO BL MADE FROM SAW FUND AT PftGO IN' I FOR 'THE DEPOSIT OF THE FUND .,,WITH THE CITY FINANCE OFFICER.. -; 1J?iERF;AS the City of South Miami, a municipal `cor'porat —fob' ' " of the State of Florida, has a regularly orHaniaedfire •departme` t which owns eeding Five Thousand, - end uses' a'pparaLtus of a va'l`ue exto Dollars in serviceable conditi'oh for the ext`ingui'sh'ng ' r= a stab of fires erid therefore meets the requirements lash a Fire - r.' men's Relief and Pension Fund, under the provisions of Chapter 175, - Laws of the State of Florida; and '�` kk... kYM1, WHEREAS `jthe City ­ of - ;Soutt Miami would' bear no expense 'in -` the establishment or operat on o'f such a fund and it would `- serve the _ h best interests of the City, its firemen and its citizens to estab- lish such -a Fund,- NOW, THsREFORE, BE IT ORDAINED BY.THE MAYOR AND CITY COUNCIL OF THE CITY OF SOUTH MIAMI, FLORIDA, That, � Section 1. There is hereby assessed and imposed on every ihsurai��';e ' company, corporation or other insurer now engaged i`n; or carrying on "`or whe shall hereafter engage in or carry on the business of insuring against loss or dalidge by,., fire or 'tornado-,- an excise or license addition to any license or excise tax now levied b the City of South Miami, amountil g to one percent -( °1�) of the y Y gross amount of receipts'of premiums from policy holders or all premiums collected on fire and tornado lh "surance pohicies covering mi r mi. property iiithin the corporate limits of the City of 'South Miami. Section 2. r, Tho' said excise or license "tax will be payable annually on the first day of March of each yea' after the passage of this Ordi- r ' Section 3, A Firemen's Relief and Pension Fund to be administered in accordance with the provisions of this Ordinance is hereby created. Section 1� . All ironies col1ectgd from the excise and license tax pro - !' vided for herein shall be paid into the said Firemen's Rolitif and Pension Fund in the manner prescribed by Chapter 175 of the Laws of the State of Florida. Section 5. Thero.•is hereby created a Board)'of Trustees of th`e Firemen's Relief and Pohsion Fund to consist of the Mayor, the Chief of the ,(1) ORDINANCE )�29 contd. Fire Department and a reppilarly employed fireman chosen by the Coliii- cil upon recommendation of a majority of the regularly employed :firemen, Tho Mayor and the Chief of the'Fire Department will serve as long 'as they continue tq,11i61d offib"e as Mayor and Aspect- iv6ly and upon a vacancy in the office of the Mayor or the Ch'ie'f, their - respective successors shall succeed to the positi-6n of Trustee. I The fireman shall be trustee for a period ft' years two he sooner leaves the-temp' of the City Sodlf ,Miami as fir6ftn, 4! f, the majority of the wh6re'Wpoh the Council, upon r-e,commend'ation o regularly employed firemen, shall choose his successor. Section 6. The Mayor shall be chair'KAW" of the-• Board Midlthe Chief of the F!"re De-pla-Rm4nt shall be secretary of the Board and shall keep a complete minute cbook of the )prbceedirigs of the Board. The - Trustee shall not receive any compensation as such. Section 7. The powers of the Board of Trustees shall be "those as set forth iY-;'Sedtion 175.03 of the Laws of the State of Florida. Se'dtion 8. All payme-Ats from the said Fund shall be-pursuaht to Sections 175 11, 175.12, 175-13, 175-14, 115.1,',175.16, 175.161, 175.17, 175:18 and 175-19 of the Laws of the State of Florida. Section 9. The Secretary of the Board of Trustees shall kebp� -'a `..�e cord of 6:11 persons-enjoying a pension under the provIslons of this OrdiV'A'hce in whibh*bhall be rioted the time of the allowance of such pensio "n aid when same I shall cease to be paid. In this book, the Secretary shall �� T 11 ffrem�en em loyed by the C1`Vy of South Miami also k a record�o a p in which"'is shown the name, address and time of effip1'OiMAV`6f such fireman and when such fireman ceases to be employed by the City. Section 10-, All ftfzids and 'secur"iti`6z of the FlrerrieriIs Relief and Pensid`-'in Fund §Iiall be deposited with the Citty Finance Officer who shall keep the same in a separate fund and he 'shall be liable for the'safe keep- ing of same under the bond given by him to the City, and he shall be liable in the same manner and to the safqe-extent as he is liable -for the safe keeping of thd funds of the City. Sfetion 11. The City of South Miami shall have no responsibility for the operation of this Fund, except as specified herein and shall bear no expense in the establishment or operation of the Fund. PASSED AND ADOPTED, this day of d_9zAt1,,,1 A.D. 1959- Mayor and President of City Uouncil ATTEST: City Clerk (2) �.......�.. .. :..... .... ...... .. .. . ..... .. .. ..... ... .. .. ...: . - \ ORDINANCE N#, 429 . .a«ww«� .. .,� ...cam z d. AN 60 i « £ s £I G: 6� §P0S N #§EVER ice. w - 'F ? Passed S em er 1, 1959 . avCzw - - - RESCINDED Oc + � r 6, 1959 by #r ni"ce - . 432, new ordinance . ■4 3 passed 10-6-69 I". _ / . m C � \ E :. � 'F ? Passed S em er 1, 1959 . avCzw - - - RESCINDED Oc + � r 6, 1959 by #r ni"ce - . 432, new ordinance . ■4 3 passed 10-6-69 I". _