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CASSIrLBI1RRi' CITI' COMMISSION Minutes of December 12, 2011- Regular Meeting Page 5 of 13 Recommendation: The City Manager and the Public Works Director recommended approval of Resohrtion 11-2328. F. Resolution 11-2329 - Danubis Plaza Final Subdivision Re-Plat (SP 10-01~ "A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF CASSELBERRY, FLORIDA, APPROVING THE PLAT FOR DANUBIS PLAZA; PROVIDING FOR CONFLICTS, SEVERABILTY, AND EFFECTIVE DATE." Introduction: Resolution 11-2329 provides for approval of the final subdivision re-plat for the properties located at 1860 and 1870 State Road 436, within the Good Fortune Chinese Buffet site. The site was originally developed as a Piccadilly Cafeteria and then was modified to accommodate Roadhouse Grill. The property owner is requesting to subdivide the property to provide an outparcel to accommodate a 4,999 square foot multi-tenant retail building. The site plan for the structure was approved by the Planning and Zoning Commission at their November 10, 2010 meeting. The City Attorney and the surveyor for the City have reviewed the re-plat and provided comments to the applicant. The applicant has addressed those comments and provided a revised re-plat to staff. The Planning and Zoning Commission reviewed the re-plat and unanimously recommended approval at their December 8, 2010 meeting. The City Commission unanimously approved the preliminary re-plat at the December 13, 2010 meeting. A Certificate of Occupancy for the new structure was issued on November 22, 2011. Budget Impact: There is no impact to the City's budget. Recommendation: The City Manager and the Community Development Director recommended approval of Resolution 11-2329. G. Resolution 11-2331 -Police Officer and Firelighter Pension Plan Reform "A RESOLUTION OF THE CITY OF CASSELBERRY, FLORIDA, SUPPORTING POLICE OFFICER AND FIltEFIGHTER PENSION PLAN AND DISABILITY PRESUMPTION REFORMS TO MAKE TIIE PLANS SUSTAINABLE, SOUND AND SECURE FOR CURRENT AND FUTURE POLICE OFFICERS AND FIItEFIGHTERS; PROVIDING FOR AN EFFECTIVE DATE." Introduction: Resolution 11-2331 provides for support of Police Officer and Firefighter pension plan reform during the 20121egislative session. Budget Impact: The City of Casselbeny relies on premium tax revenues from insurance policies to partially fund pension costs. Though the amount of the premium tax dish•ibution varies fiom year to year, only a portion actually benefits the City. This frozen amount does not change. The excess accumulates separately within the pension fund waiting to be used to buy new "extra pension benefits." As of September 30, 2011, $1,287,674 of premium tax revenues has built up in the pension field which is not allowed to be used to pay for existing benefits. Even if excess premium tax revenLie is used to add "extra pension benefits", the City must carry by itself the increasing costs to carry them in the firture.