HomeMy WebLinkAboutOrd 5554 04/04/2006
ORDINANCE NO. 5554
AN ORDINANCE AMENDING CHAPTER 5 OF
THE VILLAGE CODE OF MOUNT PROPSECT
Passed and approved by
the President and Board of Trustees
the 4th day of April, 2006
Published in pamphlet form by
authority of the corporate
authorities of the Village of
Mount Prospect, Illinois,
the 5th day of April, 2006
ORDINANCE NO. 5554
AN ORDINANCE AMENDING CHAPTER 5
OF THE VILLAGE CODE OF MOUNT PROSPECT
BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE
VILLAGE OF MOUNT PROSPECT, COOK COUNTY, ILLINOIS ACTING IN THE EXERCISE
OF THEIR HOME RULE POWERS:
SECTION I: That Article IX, entitled "Firemen's Pension Board," of Chapter 5 of the Village Code of
Mount Prospect shall be deleted in its entirety, and replaced with a new Article IX, entitled "Firefighters'
Pension Board," to be and read as follows:
Article IX, FIREFIGHTERS' PENSION BOARD
Section 5.901: CREATED. There shall be a Firefighters' Pension Board consisting of five (5) members.
Of these members, two (2) shall be appointed by the Village President; two (2) shall be elected from the
active participants of the pension fund; and one (I) shall be elected from the beneficiaries of the pension
fund. Each member shall serve for three (3) years and elected members shall be selected in the manner
provided by law. Officers of the Board shall be elected, hold office and have such authority to act for said
Board on such terms and in such manner as said Board may provide and as provided by law.
Notwithstanding any provision of this Section to the contrary, the term of office of each member of the
Village of Mount Prospect Firemen's Pension Board established on or before the 3rd Monday in April,
2006, shall continue to and terminate on the 3rd Monday in April, 2006, but all incumbent members shall
continue to exercise all of the powers and be subject to all of the duties of a member of the Firefighters'
Pension Board until all of the new members of the Board take office.
Section 5.902: DUTIES OF THE BOARD. It shall be the duty of the members of the Firefighters'
Pension Board to manage, invest and control the Firefighters' Pension Fund and all monies pertaining
thereto in the manner provided by statute. I
1. 40 ILCS 5/4-122.
SECTION 2: This Ordinance shall be in full force and effect from and after its passage, approval and
publication in pamphlet form in the manner provided by law.
AYES:
Hoefert, Korn, Lohrstorfer, Skowron, Zadel
NAYS:
None
ABSENT:
Corcoran
PASSED and APPROVED this 4th day of April 2006.
ATTEST:
~~~P/~
Irvana K. Wilks, Mayor
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