R-71-175• •
RESOLUTIONS
RESOLUTION N0. 175
No. 254
WHEREAS, Charles V. Clyatt, an employee of the City of
Clermont for the past twelve years has reached the age for retire-
ment and will retire on February 28, 1971, and
WHEREAS, the aforesaid Charles V. Clyatt is a member of
the Clermont Pension Plan and as such is entitled to receive
monthly benefits in the amount of Twenty Five Dollars and Thirty
Eight Cents ($25.38), and
WHEREAS, the aforesaid Charles V. Clyatt 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, be authorized
and directed to pay from the General Employees fund of the Clermont
Pension Plan to the aforesaid Charles V. Clyatt the amount of
Sixteen Dollars and Ninety-two Cents ($16.92) each month beginning
on March 1, 1971 and continuing until his death, and that upon
his death his wife, Audrey Clyatt, should she survive him shall
be paid a like amount ($16.92) on the first of each month until
her death.
BE IT FURTHER RESOLVED that upon the death of both the
aforementioned Charles V. Clyatt and his wife, Audrey Clyatt,
the Controller and/or City Clerk of the City of Clermont shall
notify the Trust Department of the First National Bank of Leesburg,
Florida, that the aforementioned benefits are to cease.
ADOPTED by the c;ty Council of the City of Clermont, Lake County,
Florida, at an adjourned meeting held on February 23, 1971.
.,
Dolores !~!. arroll, City Clerk
City of Clermont, Lake County,
Florida