HomeMy WebLinkAboutMinutes Council 111868CITY OF PALM BEACH GARDENS
SPECIAL MEETING OF THE CITY COUNCIL
November 18, 1968
QUORUM Mayor Bonner directed the City Clerk to call the roll. Mayor Bonner,
Vice Mayor Earle, Councilman Walker and Councilman Brown were present.
SPECIAL MEETING Motion by Vice Mayor Earle, seconded by Councilman Walker to adjourn
the Workshop Meeting and go into Special Meeting to open bids. Vote
was 4 ayes and no nays. Councilman Brown stated he would abstain from
voting as his company was one of the bidders.
PURPOSE OF SPECIAL The Special Meeting was called to order by Mayor Bonner stating the
MEETING
purpose of the Special Meeting was to consider opening of the Pension
Plan bids. The opening of the bids had been deferred to seek alter-
native bids and an emergency existed due to the fact that the bids are
retroactive to November 1, 1968 and that budgeted funds were made
available to cover this plan from November 1, 1968.
Councilman Jewett arrived at 8:05 P.M.
OPENING BIDS FOR Motion to open bids by Vice Mayor Earle, seconded by Councilman
PENSION PLAN
Walker. Vote was 4 ayes and no nays.
City Manager Poston opened the bids and quoted bid prices on 14
Deferred Annuities and 5 Deposit Administration Plans. Mayor Bonner
recommended that the City Manager make a comparison and make benefits
available to the Council. Motion by Councilman Walker, seconded by
Vice Mayor Earle. Vote was 4 ayes and no nays.
AWARDING OF BIDS SET The Council agreed bids would be awarded November 25, 1968 at the
FOR 11/25/68
Regular Meeting.
Appreciation and thanks was extended to the bidders for their efforts
and time spent on the Pension Plans.
Minutes of Special Meeting, November 18, 1968 Page 2
ADJOURNMENT No further business and motion to adjourn by Vice Mayor Earle,
seconded by Councilman Walker. Time for the record was 8:55 P.M.
ATTESTED:
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THELMA COMPTON, CVTY CLERK
APPROVED:
GEORGE A. BONNER, MAYOR
WILLIAM D.- EARLE, VICE MAYOR
HEN RJr W. J T; COUNCILMAN
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EUGRM P. WALKER, COUNCILMAN
NORMAN E. BROWN, COUNCILMAN