Columbus, Georgia

AN ORDINANCE



NO ___________



An Ordinance providing for contributions to the Columbus, Georgia General

Government Employees? Pension Plan for the fiscal year beginning July 1, 2002:



--------------------------------------------------------------------------------

-------



WHEREAS, Ordinances heretofore adopted by the Council of Columbus, Georgia

provided for Governmental Contributions to the Employees? Retirement Plan; and



WHEREAS, Actuarial Consultants have reevaluated the Plan and have determined

that the amount of $ 2,592,344 is required to fund the Plan in the fiscal year

beginning July 1, 2002. The amount to be prorated among the Consolidated

Government of Columbus, Georgia, the Columbus Board of Water Commissioners, the

Hospital Authority of Columbus, and the Columbus Airport Commission based on

actual earnings of the active participants in the Plan for the previous

calendar year is as follows: Consolidated Government, 77.62% - $ 2,012,178;

Columbus Board of Water Commissioners, 13.11% - $ 339,856; Hospital Authority

of Columbus, 7.65% - $ 198,314 and Columbus Airport Commission, 1.62% - $

41,996.



NOW THEREFORE THE COUNCIL OF COLUMBUS, GEORGIA HEREBY ORDAINS:



That the following named agencies shall make the following monthly

contributions for fiscal year 2003 to the Finance Director of the Consolidated

Government as their prorata share of the contributions, payable the first of

each month:



Consolidated Government $ 167,682



Columbus Board of Water Commissioners $ 28,321

Hospital Authority of Columbus $ 16,526



Columbus Airport Commission $ 3,500



--------------------------------------------------------------------------------

------



Introduced at a regular meeting of the Council of Columbus, Georgia, held the

____th day of June, 2002; introduced a second time at a regular meeting of said

Council held on the _____th day of June, 2002, an adopted at said meeting by

the affirmative vote of _____ members of said Council.



Councilor Allen Voting __________

Councilor Henderson Voting __________

Councilor Hunter Voting __________

Councilor McDaniel Voting __________

Councilor Poydasheff Voting __________

Councilor Rodgers Voting __________

Councilor Smith Voting __________

Councilor Suber Voting __________

Councilor Turner Pugh Voting __________

Councilor Woodson Voting __________





_______________________________________

____________________________________

Tiny B. Washington, Clerk Bobby

G. Peters, Mayor