Ordinance appropriates $145,000,000 to fund all or portion of City Employee's Retirement Plan.
CITY OF NORWICH
NOTICE OF PASSAGE OF ORDINANCE
Notice is hereby given that at a regular meeting of the Council of the City of Norwich held August 2, 2021, the following ordinance was duly adopted:
Ordinance Number 1802
AN ORDINANCE APPROPRIATING $145,000,000 TO FUND ALL OR A PORTION
OF THE UNFUNDED ACTUARIAL ACCRUED LIABILITY OF THE CITY'S
EMPLOYEES' RETIREMENT PLAN AND AUTHORIZING THE ISSUANCE OF
GENERAL OBLIGATION PENSION BONDS OF THE CITY TO MEET SAID
Copies of said Ordinance are on file open to public inspection at the office of the City and Town Clerk.
Dated this 3rd day of August 2021.
Betsy M. Barrett,
City and Town Clerk