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Posted on: August 5, 2021

Notice of Passage of Ordinance #1802

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
 APPROPRIATION 

 

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

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