HomeMy WebLinkAboutCC 1962-05-21 Minutes
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MINUTES OF THE SPECIAL
MEETING OF CITY COUNCIL,
NORTH RICHLAND HILLS,
TEXAS, HELD AT CITY HALL,
4101 MORGAN CIRCLE, MAY 21,
1962, 7:30 P. M.
THOSE PRESENT: Mayor Hunter; Councilmen Bell, Edwards, White and
Johns. Councilman Campbell absent.
The special Council meeting was calJed to discuse and study a pension
plan for City employees as presented by Messrs. Carpenter and Traywick.
A specimen pension trust agreement was explained and after lengthy
discussion, questions and exp1aination by employees, Council and Messrs.
Carpenter and Trapwick Mr. Bell moved for specimen plan to be used to
draw up Peneion Trust agreement for the City of North Richland Hills
with blanks on Page 2, Section 2.01)2) to be age 21; Page 4, Section
5.0l-b to be 10 years; Page 4 & S, Section 6.02 to be five years;
Page 5, Sections 8101-a&b to be 2i% and Page 6, Section 9.04 to be
3 1/8%. Mr. Johns seconded ar~ motion carried 4-0.
Mr. Johns and Mr. White moved to adjourn at 9:00 P. M., Mr. Edwards
seconded and motion carried 4-0.
APPROVED:
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