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HomeMy WebLinkAboutOrdinance No. 512 ORDINANCE 512 ANNUAL ORDINANCE CREATING CONTRIBUTIONS FUND TO BE USED IN CONNEC* TION WITH PAYROLLS FOR THE CITY OF LAUREL, MONTANA, COMMENCING OCTOBER 1, 1957s AND ENDING UPON ITS REPEAL. BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF LAUREL, MONTANA: Section 1. That the City Clerk be authorised and directed to issue warrants signed by the Mayor and City Clerk respectively, upon such funds connected with the Doployee'ss payroll, as are needed to establish a Contributions Fund for the purpose of facilitating the monthly payroll work, and eliminating the need for several warrants issued upon the same fund. Section 2. That the City Clerk be directed and authorised to deposit into this Contribution Fund, that portion of Employee's Gross payroll that is deducted and paid for the Employees such as Withholding Tax, Social Security Tax, State Board of Equalization Tax, Montana Municipal League Insur- ance, Public Employees Retirement System payments, and the City(: Portion of Public Employees Retirement System contributions, as well as the City's portion of Social Security Tax Contributions, and City's portion of Montana Municipal League Insurance. Section 39 That the City Clerk be directed and authorized to draw warrants on this account in order to pay contributions to the Yellowstone Bank Laurel, Montana, for withholding tax; Social Security Administration, for Employee's Contributions of .0225, as well as City's Contributions of 023; State Board of Equalization, for Employee's State Withholding Tax; Montana Municipal League Insurance of Employees as well as City's portion of this in- surance, and Employees contribution for Public Employees Retirement System, as well as the 03_ty's Contribution for Public Employees Retirement. Section 4& All ordinances and parts of ordinances which are inconw sistent or in conflict with this ordinance are hereby repealed. Dorothy P. , City Clerk Passed by the City Council and approved by the Mayor this lest day of.October, 1957. ATTEST : , ?-?,r c° J. J. Parker, Mayor