Section 2.52.050 City appropriations.
A. Appropriation is made from the
proper fund, or funds of the city in the necessary amount
to pay in the contribution fund as provided in Section 5 of the enabling act, or Section 6(C),
Chapter 270, 1955 Session Laws of Montana and in accordance with the plans, or plans and
agreement.
B. Authority is given to the mayor
and the clerk of the city of Hamilton, Montana, to enter
into an agreement with the Public Employees' Retirement System of the State of Montana, which
agreement shall be in accordance with Chapter 44, 1953 Session Laws of Montana, or Chapter
270, 1955 Session Laws of Montana, and with paragraph 218 of the Social Security Act.
C. Such plan and agreement shall provide
that the participation of the city of Hamilton,
Montana, shall be in effect as of July 1, 1957. (Ord. 131 (part), 1998: prior code § 1.12.050)
