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HomeMy WebLinkAbout4111 RESOLUTION NO. 4,111 A RESOLUTION AUTHORIZING THE CITY MANAGER TO SETTLE DISPUTED CLAIMS OF SOCIAL SECURITY DEDUCTIONS FROM THE RETIREMENT BENEFITS OF THREE CITY EMPLOYEES ; AUTHORIZING PAYMENT; AND FOR OTHER PURPOSES . NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF DIRECTORS OF THE CITY OF LITTLE ROCK, ARKANSAS . SECTION 1 . The City Manager is hereby authorized to settle disputed claims of three (3) City employees con- cerning social security deductions from their retirement benefits . The City Manager is hereby authorized and directed to settle for one-half (D) the disputed amount as follows : RETIRED EMPLOYEE DISPUTED CLAIM SETTLEMENT Sammy Hampton $1 , 611. 70 $805 . 85 A.D. Horton 704. 14 352 .07 James Hudson From the effective date of this Resolution, all future retirement payments to the three (3) aforementioned retired employees shall have one-half ( ) the current social security payment deducted from their retirement check. SECTION 2 . Upon receipt of a full and irrevocable release from each of the aforementioned parties, the City Manager and Director of Finance are authorized and directed to pay from the appropriate budget account the authorized settlement price. SECTION 3. This Resolution shall be in full force and effect from and after its adoption. ADOPTED : December 2, 1968 ATTEST: l —7 APPROVED: oft41.0 - City Clerk Mayor