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1019 3J h O~DI~A~C~ ~O. 1019 (#t-94) A~ O~DINA~C: )~OVIDI~G :O~ T-: SUB~ISSIO~ TO T-: QUA_I:I::D VOTERS 0: THE CITY 0: JACKSONVILLEJ ARKANSASJ THE QUESTIO~ OF I~C~EASI~G T~E _EVY 0: A~ A~~UA_ TAX SO AS ~OT TO EXC:::D O~: MILL ON T~E ASSESSED VALUE OF THE REAL AND PERSONAL PROPERTY WIT-I'~ T-: CITY OF ~AC(SONVI_L: FO~ T-: PU~POSE OF PAYING 'E~SIO~S TO RETIRED FIREMEN AND PENSIONS TO WIDOWS AND/OR ~I~OR C-ILDR:N OF DEC:AS~D AND/OR RETIRED FIREMEN. ------------~-------------~----~----~-----------~-~---------- ---~-~~----~------------------------------------------~----~- WHEREASJ THE CITY OF JACKSONVILLEJ ARKANSASJ IS A CITY OF THE FIRST CLASS AND IS AUTHORIZED BY AMENDMENT 31 TO THE CONSTITUTION OF THE STATE OF ARKANSAS TO LEVY AN ANNUAL TAX NOT TO EXCEED ONE MILL ON THE DOLLAR UPON THE ASSESSED VALUE OF THE REAL AND PERSONAL PROPERTY OF SUCH CITY FOR THE PURPOSE OF PAYING FIREMEN'S RETIREMENT PENSIONS AND PENSIONS TO THE WIDOWS AND MINOR CHILDREN OF DECEASED FIREMEN AND WIDOWS AND MINOR CHILDREN OF DECEASED RETIRED FIREMEN; ANDJ WHEREASJ THE CURRENT LEVY OF .5 MILLJ APPROVED BY THE VOTERS IN 1962 BUT REDUCED BY REEVALUATION TO .3 BY STATE AND COUNTY GOVERNMENTS IN 1988J DOES NOT PROVIDE FOR THE PENSION :UND TO BECOME ACTUARIALY SOUND AND WILL RESULT IN A DEFICIENCY UPON THE RETIREMENT OF APPROXIMATELY FIFTY-FIVE PERCENT OF THE CURRENT MEMBERS OF THE PLAN. NOWJ THEREFOREJ BE IT ORDAINED BY THE CITY COUNCIL OF T -: C IT.y' OF JAC_(SONVI LLEJ ARKANSASJ THAT: SECTION ONE: THERE SHALL BE SUBMITTED TO THE QUALIFIED VOTERS OF THE CITY OF JACKSONVILLEJ ARKANSASJ AT THE GENERAL ELECTION TO BE HELD ON THE TWENTY-FOURTH DAY OF~AY J 1994J THE QUESTION OF AN INCREASE TO THE LEVY OF AN ANNUAL TAX NOT TO EXCEED ONE MILL ON THE DOLLAR UPON THE ASSESSED VALUE OF THE REAL AND PERSONAL PROPERTY WITHIN THE CITY FOR THE PURPOSE OF PAYING PENSIONS TO RETIRED FIREMENJ AND PENSIONS TO WIDOWS AND MINOR CHILDREN OF DECEASED FIREMEN AND WIDOWS AND MINOR CHILDREN OF DECEASED RETIRED FIREMEN. SECTION TWO: THE BALLOT TITLE SHALL APPEAR AS FOLLOWS: "THE QUESTION OF INCREASING THE _EVY OF AN ANNUAL TAX SO AS ~OT TO :XCEED ONE MILL ON THE DOLLAR UPON THE ASSESSED VALUE OF THE ~EAL AND JERSONAL JROPERTY WITHIN THE CITY OF JACKSONVILLEJ ARKANSASJ FOR THE PURPOSE OF 'AYING )ENSIONS TO ~ETIRED :IREMEN AND PENSIONS TO WIDOWS AND MINOR CHILDREN OF DECEASED FIREMEN AND WIDOWS AND ~INOR CHILDREN OF DECEASED RETIRED FIREMEN." "FOR INCREASE OF FIREMEN'S PENSION MILLAGE" "AGAINST INCREAS~ OF :I~~M~N'S PE~SIO~ ~ILLAGEu S:CTIO~ TH~E~: IN THE EVENT OF APPROVAL OF SAID INCREASE IN TAX LEVY BY THE QUALIFIED VOTERS OF THE CITY OF JACKSONV I LLEJ ARKANSAS J SUCH STEPS SHALL BE TAKEN AS ARE NECESSARY TO COMPLY WITH THE WILL OF THE CITIZENS EXPRESSED IN SAID ELECTION. SECTION FOUR: THE CITY CLERK SHALL CAUSE THIS ORDINANCE TO BE PUBL I SHED AND SHALL FILE A CERT I F I ED COpy OF TH I S ORDINANCE WITH THE COUNTY BOARD OF :LECTION COMMISSIONERS IN ORDER THAT THIS ISSUE BE PLACED ON THE PRIMARY ELECTION BALLOT FOR~AY 24J 1994. SECTIO~ :IV::: ALL ORDINANCESJ OR PARTS THEREOFJ IN CONFLICT WITH THIS ORDINANCE ARE HEREBY REPEALED TO THE EXTENT OF THAT CONFLICT. 3C( ~ Z ORDINANCE 1019 (~-94) 'AGE Two SECTIO~ SIX: BECAUSE CONDITIONS AFFECTING THE =IREMEN'S RETIREMENT PENSION NEEDS ARE OF SUCH A TIMELY NATUREJ IT IS HEREBY NECESSARY TO THE HEAL THJ SAFETY J AND WELFARE OF THE CITIZENS OF JACKSONVILLEJ ARKANSASJ THAT AN EMERGENCY HEREBY BE DECLARED. As SUCHJ THIS ORDINANCE SHALL TAKE EFFECT IMMEDIATELY UPON ITS PASSAGE AND ITS PUBLICATIONJ AS PROVIDED BY APPLICABLE LAW. A"ROV:D AND ADO'T:D T-IS /7~" DAY OF ::B~UA~YJ 1994. _ - - f ( ~~~~~\1.A-J~ TO~~Y S4Al ~J l'AYO~ ATTEST: ( .."") (,>~:~,~ ~. or~~ LuL"A,"",,"M. LEONARDJ C1TY CLERK ~../ (\'~ (\0~ / ~~ CE ~TIFICAT: THE UNDERSIGNEDJ CITY CLERK OF THE CITY OF JACKSONVILLEJ ARKANSASJ HEREBY CERTIFIES THAT THE FOREGOING PAGES ARE TRUE AND PERFECT COpy OF ORDINANCE No. 1019 (#2-94)J ADOPTED AT A REGULAR SESSION OF THE CITY COUNCIL OF THE CITY OF JACKSONVILLEJ ARKANSASJ HELD AT THE REGULAR MEETING PLACE IN THE CITY AT SEVEN 0' CLOCK P. M. J ON THE SEVENTEENTH DAY OF :EBRUARYJ 1994J AND THAT THE ORDINANCE .15 OF RECORD IN ORD I NANCE BOOK ~O . .~>(, , AT ) AGE ~j<i, ,,39 , NOW I N MY POSSESSION. GIVEN UNDER MY HAND AND SEAL ON THIS EIGHTEENTH DAY OF :EBRUARYJ 1994. ~' k 1 ... ,...., .",1// l . '., 1/ ~ Ii. C;{~ _U -_~~~",,,-vf". _ :ONA ~D J "'e'~rTY CLI:HK