R-70-166C7
RESOLUTIONS
RESOLUTION NUMBER 166
•
N~ 239
WHEREAS, Albert M. Johnson, an employee of the City of
Clermont for the past tarenty ~~ears has reached the age for retirement
and will retire on December 3j, 1970, and
WHEREAS, the aforesaid Albert M. Johnson is a member of
the Clermont Pension Plan and as such is entitled to receive
monthly benefits in the amount of One Hundred and Fifty Dollars and
Ninety Cents ($150.90), and
6JHEREAS, the aforeaid Albert M. Johnson did elect to
receive benefits in the form of a Joint and Survivor Annuity thereby
reducing his monthly benefits by one third and so advised the City
Council of the City of Clermont and received permission therefrom,
therefore
BE IT RESOLVED by the City Council of the City of Clermont
that the Trust Department of the First National Bank of Leesburg,
Florida, Trustee for the Clermont Pension Plan, he authorized and
directed to pay from the General Employees fund of the Clermont
Pension Plan to the aforesaid Albert M, Johnson the amount of One
Hundred Dollars and Sixty Cents ($100.60) each month beginning on
January 1, 1971 and continuing until his death, and that upon his
death his wife, Lucy Johnson, should she survive him shall be paid
a like amount ($100.60) on the first of each month until her death.
BE IT FURTHER RESOLVED that upon the death of both the
aforementioned Albert M. Johnson and his wife, Lucy Johnson, the
Controller and/or City Clerk of the City of Clermont shall notify
the Trust Department of the First ~lational !'ank of Leesburg, Florida,
that the afore authorized benefits are to cease.
ADOPTED by the City Council of the City of Clermont, Lake County,
Florida, at an Adjourned hleetinq
hel-d, on August 25, 1970,
Dolores t~J. Carroll, City Clerk
City of Clermont, Lake County
Florida