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R-70-157A• • RESOLUTIONS N° 229 RESOLUTION N0. 157 f~i WHEREAS, R. J. Snyder, an employee of the City of Clermont for the past eleven years has reached the age for retirement and wi 11 re ti re from the employ of the City of Clermont on March 31, 1970, and WHEREAS, the said R. J. Snyder is a member of the Clermont Pension Plan and as a retiring member is entitled to receive a monthly benefit of Forty Dollars and Seventy Six Cents ($40.76), and WHEREAS, the said R. J. Snyder did not elect to receive the reti rement annuity option, therefore, BE IT RESOLVED that the Trust Department of the First National Bank of Leesburg, Trustee of the Clermont Pension Plan, be authorized and directed to pay R. J. Snyder, from the General Employees Fund of the Clermont Pension Plan, the amount of Forty Dollars and Seventy Six Cents ($40.76) each month and that such payments shall begin on April 1, 1970 and continue until his death at which time the Trustee of the Clermont Pension Plan will be notified by the Controller of the City of Clermont. ADOPTED at an ad3ourned meets ng of the City Counci 1 of the City of Clermont, Lake County, Florida, held on February 24, 1970. Do ores W. arro ty erk of the City of Clermont, Florida ~~