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R-75-257• • RESOLUTIONS N °_ RESOLUTION N0. 257 WHEREAS, Resolution Number 166, adopted by the City Council of the City of Clermont, Lake County, Florida, on August 25, 1970, authorized the payment of ONE HUNDRED DOLLARS AND 60/100 ($100.60) each month to Albert M. Johnson, pursuant to the Clermont Pension Plan, and WHEREAS, the calculation of the ONE HUNDRED DOLLARS AND 60/100 ($100.60) monthly payment was in error and the monthly payments should have been ONE HUNDRED TWENTY-TWO DOLLARS AND NO/100 ($122.00) since January 1, 1971, and WHEREAS, Section 16-5(L) of the Code of Ordinances of the City of Clermont, Lake County, Florida, provides for correction and adjustments in cases of an error in calculation, and WHEREAS, the City Council has determined that the amount due Albert M. Johnson as a result of the error in calculation with interest at the rate of 6% per annum is the sum total of ONE THOUSAND THREE HUNDRED TWENTY-TWO DOLLARS AND 88/100 ($1,322.88). BE IT RESOLVED by the City Council of the Florida, that the Trust Department of the First Florida, Trustee for the Clermont Pension Plan, from the General Employees fund of the Clermont THOUSAND THREE HUNDRED TWENTY-TWO DOLLARS AND 8 payment to Albert M. Johnson as underpayment of City of Clermont, Lake County, National Bank of Leesburg, be authorized and directed to pay Pension Plan the sum of ONE B/100 ($1,322.88) in a lump sum retirement pension. BE IT FURTHER RESOLVED that said Trust Department be authorized to pay from the General Employees fund of the Clermont Pension Plan to the said Albert M. Johnson the amount of ONE HUNDRED TWENTY-TWO DOLLARS AND NO/100 ($122.00) each month beginning July 1, 1975, and continuing until his death; and that upon his death his wife, Lucy Johnson, should she survive him, shall be paid a like amount on the first of each month until her death. BE IT FURTHER RESOLVED that Resolution Number 166 is amended to comply with the matters set forth herein, but in all other respects remains in full force and effect. DONE AND RESOLVED by the City Council, City of Clermont, Lake County, Florida, on the o2 ~L~/ day of _, 1975. CLAUDE E. SMOAK, May r ATT. EST ~~~J Lt/ ~~L~~~ DOLORES W. CARROLL CITY CLERK 388