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R-906 - 05/10/2005 - GOVERNMENT - ResolutionsRESOLUTION 2005- GL- BD -FP -R -906 A RESOLUTION IN OPPOSITION TO LEGISLATION RELATIVE TO FIRE UNION CONTROL OVER FIRE PENSION BOARDS WHEREAS, the General Assembly of the State of Illinois has recently introduced legislation which could reconstitute the downstate firefighter pension boards and give local fire unions a controlling share of the vote, and WHEREAS, the passage of this legislation, entitled House Bill 1403, would give additional pension investme I t authority to active and retired firefighters, resulting in less oversight by the municipal officials of the Village of Oak Brook, and WHEREAS, House Bill 1403, by giving fire unions a controlling vote on the Fire Pension Board, would allow for more generous granting of disability benefits, and WHEREAS, the Village President and Board of Trustees of the Village of Oak Brook find that proper investment of pension funds affects only the fiscal obligations of the municipal employer, and WHEREAS, the Village President and Board of Trustees of the Village of Oak Brook find that decisions Irelatmg to disability benefits have great fiscal impact on the Village, and WHEREAS the Village President and Board of Trustees of the Village of Oak Brook find that g 9 investment of pension funds and decisions relating to disability benefits should be made by the municipal corporate authority, and WHEREAS, the Village President and Board of Trustees find that the interests of the Village of Oak Brook would be best served by opposition to House Bill 1403 NOW, THEREFORE, BE IT RESOLVED by the President and Board of Trustees of the Village of Oak Brook, DuPage and Cook Counties, Illinois, as follows Section 1 That the Village President and Board of Trustees for the Village of Oak Brook hereby express their collective opposition to House Bill 1403 proposed by the General Assembly of the' State of Illinois giving local fire unions a controlling share of the vote on Fire Pension Boards. Section 2 All resolutions or parts of resolutions in conflict with this resolution are hereby repealed to the extent of the conflict Section 3 This resolution shall be in full force and effect from and after its passage, approval and publication as required by law APPROVED THIS 10th day of May, 2005 I e Kev Quinlan, Village President f Resolution 2005- GL- BD -FP -R -906 Resolution Opposing Fire Union Control Over Fire Pension Bds Page 2 PASSED THIS 10th day of May, 2005 Ayes' Trustees Aktipis, Craig, Kennedy, Manofsky, Sanford and Yusuf Nays None Absent Nc)n e i t 0 F �l N. S v . 100 ATTEST Linda K Gonnella, CMC Village Clerk