ORDINANCE NO. 1021

AN ORDINANCE PROVIDING FOR PAYMENTS OF MONIES INTO THE POLICE PENSION FUND OF THE CITY OF GRAND JUNCTION, COLORADO

 BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF GRAND JUNCTION:

 Section 1. From and after January 1, 1958, there shall be deducted from the compensation paid each member of the Police Department of the City of Grand Junction not embraced within the provision of Chapter 18, Sections 8, 9, and 10 of the 1953 Compiled Ordinances of the City of Grand Junction, a percentage of his monthly pay equal to the percentage paid by those participating under the social security program of the Federal Government. Such deductions shall be paid into, and become a part of, the Policemen's Pension Fund of the City of Grand Junction established under Article 49, Chapter 139, 1953 Colorado Revised Statutes as amended, such payments to be made during the month following the month when such assessments were withheld.

 Section 2. Each month the City Treasurer shall pay from general government funds of the City of Grand Junction into the Policemen's Pension Fund of such City, and to become a part thereof, an amount of money equal to the sums so withheld during the preceding month.

 Section 3. The Policemen's Pension Fund shall be administered in accordance with Article 49, Chapter 139, 1953 Colorado Revised Statutes as amended.

 Passed and adopted this 6th day of November, 1957.

/s/ John S. Emerson

President of the City Council

ATTEST:

/s/ Helen C. Tomlinson

City Clerk

 I HEREBY CERTIFY that the foregoing ordinance, being Ordinance No. 1021 was introduced, read and ordered published by the City Council of the City of Grand Junction, Colorado, at a regular meeting of said body held on the 16th of October, 1957, and that the same was published in The Daily Sentinel a newspaper published and in general circulation in said City at least ten days before its final passage.

 IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of said City, this 6th day of November, 1957.

/s/ Helen C. Tomlinson

City Clerk

Proof of Publication Nov. 8, 1957

Proof of Publication Oct. 18, 1957