SUBJECT/RECOMMENDATION:
Title
Appoint Mr. Gregory Keane for the remainder of the current four-year term ending June 30, 2027 as a trustee of the Clearwater Firefighters’ Supplemental Trust Fund in accordance with Sec. 175.061 of the Florida State Statutes. (consent)
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SUMMARY:
The Clearwater Firefighters’ Supplemental Trust Fund is the recipient of monies obtained by the State of Florida from insurance companies doing business within the community. These monies are required to be administered by a Board of Trustees whose composition must consist of two legal residents of the City appointed by the City Council; two City firefighters elected by the firefighters; and a fifth member chosen by a majority of the other four members and submitted to the City Council for appointment. The Board of Trustees is solely responsible for the administration of the trust fund.
Mr. Keane is a legal resident in the City of Clearwater and has applied for one of the two legal residents’ trustee seats for the current four-year term. In accordance with Sec. 175.061 of the Florida State Statutes, it is recommended that the City Council appoint Gregory Keane as a trustee to the seat for the period ending June 30, 2027.
APPROPRIATION CODE AND AMOUNT:
NA
USE OF RESERVE FUNDS:
NA
STRATEGIC PRIORITY:
Attract and retain top-quality personnel through the maintenance of a competitive compensation program. The Supplemental Trust Fund is a compensation benefit for the Clearwater Firefighters.