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ORDINANCE NO . l AA " • <br />AN ORDINANCE AMENDING THE CODE OF ORDINANCFS OF THE CITY <br />pF pARIS, TEXl3S, BY REVISICE CONTRIBUTION TO THE TEXAS. <br />ING THAT THE CURRENT SERVI MUNICIPAL <br />RETIREMENT SYSTEM BE INCREAOED~LROITY ~PLOYEFSOWHOVAREEMEMBERS <br />(,5/) pF EARNINGS APPLYING <br />OF SUCH SYSTEM: REPEALING ORDINANCF-S <br />ANREFFECTIVE DATE OFC~ <br />IN COIVFLICT HEREWITH : AND PROVIDI <br />JANUARY l, 1971. <br />BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF PARIS, <br />pARIS, TEXAS: <br />Section l. That Section 2-20 of the Code of Ordinances <br />of the City of Paris, Paris, Texas be amended so that such shall <br />read as follows: <br />"Section 2-20. Rate of current service contributions. <br />The current service contributions to the Texas <br />Municipal Retirement Systezn of all employees of the <br />City, who are now or who may hereafter become members <br />of such system, shall be five per cent (5%) of earnings." <br />Section 2. All ordinances or parts of ordinances in <br />conflict herewith are hereby repealed. <br />Section 3. This ordinance shall become effective on <br />January 1, 1971. <br />Passed and adopted this 14th day of December, 1970. <br />j_ <br />~ ~,w ~ <br />B. M. Felty, Mayor <br />ATTFST : <br />H. C. Greene, City Clerk <br />APPROVED AS~ FORM: <br /> <br />. <br />p.~_ ~.s_... <br />r~ ,T__.~..~ r; Att~rnev <br />