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SECTION 2: That Chapter 62, Pensions and Retirement, Article I, Police Officers' <br />and Firefighters' Pension Plan, of the Code of Ordinances of the City of Casselberry, is <br />hereby amended by amending Section 62-200, Finances and Fund Management, <br />subsection (f)(2)a., to read as follows: <br />***** <br />(f)(2) a. Notwithstanding any limitation provided for in F.S. Ch. 175 <br />and 185, to the contrary (unless such limitation may not be amended <br />by local ordinance) or any limitation in prior city ordinances to the <br />contrary, all monies paid into or held in the Fund may be invested <br />and reinvested in such securities, investment vehicles or property <br />wherever situated and of whatever kind, as shall be approved by the <br />Board, including but not limited to common or preferred stocks, <br />bonds, and other evidences of indebtedness or ownership. In no <br />event, however, shall more than #~ twenty-five percent of the assets <br />of the fund at market value be invested in foreign securities-less <br />G ~'~~~Ca .~nrl '18Fd nro nmonrl~ +n r n"n nr nh~+n,-.o nr t~IS <br />o -ur'rci-r ~ ar~ccrrtcr'rcr car <br />SECTION 3: That Chapter 62, Pensions and Retirement, Article I, Police Officers' <br />and Firefighters' Pension Plan, of the Code of Ordinances of the City of Casselberry, is <br />hereby amended by amending Section 62-2005, Contributions, subsection (c), City <br />contributions, to read as follows: <br />(c) City contributions. So long as this System is in effect, the City shall make <br />quarterly contributions to the Fund in an amount equal to the ,J iffn rnnnn ir, nnn" voter <br />fAt~-st}C-ky~ea,--a-^~thG~-tet~-I-eA~ r +hn „~~; required city contribution, as shown by the <br />"'^r,, +~n ap licable actuarial valuation of the System. T"n +n+^~ nn~+ fnr ten„ „onr ~"nn <br />5 <br />