G-71 - 05/23/1967 - BOARDS & COMMISSION - Ordinances JEb :KLM 5-6667 1 & 8 cc. �3oRRO�+
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AN ORDINANCE ESTABLISHING A FIREMEN'S
PENSION FUND AND PROVIDING FOR THE
BOARD OF TRUSTEES THEREOF IN THE VILLAGE
OF OAKBROOK, DU PAGE COUNTY, ILLINOIS
WHEREAS, there was submitted to the electorate of the
Village of Oakbrook, DuPage County, Illinois, on the 18th day
of April, 1967, at a special election held in conjunction with
the regular election of said Village, the question whether the
Village of Oakbrook should adopt Article 4 of the Illinois Pension
Code pertaining to the Firemen's Pension Funds ; and
WHEREAS, a majority of the votes cast on such a propo-
sition were in favor of such proposition; and
WHEREAS, the President and Board of Trustees have
canvassed the election and have heretofore adopted a canvassing
resolution declaring the proposition to have been passed and
adopted;
NOW, THEREFORE, BE IT ORDAINED by the President and
Board of Trustees of the Village of Oakbrook, DuPage County,
Illinois, as follows:
Section 1. Creation of Fund. There is hereby created
a Firemen's Pension Fund pursuant to the provisions of Article 4
of the Illinois Pension Code approved March 18, 1963, as hereto-
fore or hereafter amended.
Section 2. Board of Trustees. There is hereby created
a Board of Trustees of the Firemen's Pension Fund, which said
Board shall perform all the duties under the provisions of said
Article 4 of the Illinois Pension Code approved March 18, 19633,
as heretofore or hereafter amended.
Such Board shall be composed of seven members, The
President of the Village of Oakbrook, the Village Attorney and the
Chief of the Fire Department shall all be ex-officio members of
said Board. Of the remaining four members three shall be chosen
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from the active firemen of the Village of Oakbrook and one shall
be chosen from the firemen of said Village who have been retired
and are receiving a pension under the provisions of this ordinance.
In the event there are no retired firemen qualified to receive a
pension under this ordinance, then in such event such office shall
remain vacant and the Board shall consist of six members.
The members of the Board to be chosen from the active and
retired firemen shall be elected by ballot at elections to be held
on the third Monday in April of the applicable years under the
Australian ballot system, at such place or places in the Village
of Oakbrook and under such regulations as shall be prescribed by
the Board.
No person shall cast more than one vote at such election
for each candidate for whom he is eligible to vote. In the
elections for Board members to be chosen from the active firemen,
all active firemen and none others may vote. In the elections for
Board members to be chosen from the firemen who have been retired,
the firemen who have been so retired and none others may vote.
Each member of the Board so elected shall hold office
for a term of three years and until his successor has been duly
elected and qualified.
The Board shall canvass the ballots at each election and
declare the results as to which person or persons have been elected
and for what term or terms respectively. In case of a tie vote be-
tween any two or more candidates, the Board shall determine by lot
which candidate or candidates have been elected and for what term
or terms respectively. In the event of the failure, resignation or
inability to act of any member of the Board, his successor shall be
elected for the unexpired term at a special election which shall be
�- called by the Board and conducted in the same manner as regular
elections hereunder.
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The Board shall elect from its number a President and
Secretary* __ At the first election of Board members after the
effective date of this ordinance, from the active firemen one member
shall be elected for a term that shall end on the third Monday in
April of the year following, one member shall be elected for a term
that shall end on the third Monday in April of the next succeeding
year, and one member shall be elected for a term to expire on the
third Monday of April of the second next succeeding year, or in
each instance until their successors have been duly elected and
qualified.
Section 3. Power The Board shall have the powers and
duties as set forth in Section 4-123 to 4-129 inclusive of Article
4 of the Illinois Pension Code approved March 18, 1963, as hereto-
fore or hereafter amended.
Section 4. Treasurer, The Village Treasurer shall be
ex officio the Treasurer of the Board. He shall be the custodian
of the Pension Fund and shall secure and safely keep the same
subject to the control and direction of the Board; and shall
keep his books and accounts concerning such fund in such manner
as may be prescribed by the Board; and the books and accounts shall
be subject to inspection by the Board or any member thereof.
Section 5. Disbursements. All monies ordered paid from
the Pension Fund shall be paid by the Treasurer of the Board only
upon warrants signed by the President of the Board and countersigned
by the Secretary thereof, No warrants shall be drawn excerpt by
order of the Board duly entered in the records of the proceedings
of the Board.
Section 6. Interest on Deposits. If the Pension Fund, or
any part thereof, shall, by order of the Board or otherwise, be
deposited in any banks, or loans, all interests or monies which
�- may be paid, or agreed to be paid on account of any such loan or
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deposit shall belong to and constitute a part of the Fund. Nothing
herein contained shall be construed as authorizing the lending or
depositing of such Fund, or any part thereoft unless so authorized
by the Board.
Section 7. Firemen Defined. The term "firemen" as used
in this ordinance shall mean full time paid members of the Oakbrook
Fire Department and shall not include part time or volunteer fire
fighting personnel and no member of the Oakbrook Fire Department
other than full time paid members of the Oakbrook Fire Department
shall be qualified to receive any of the benefits provided herein.
Section 8. Conflicting Ordinances Repealed. All
ordinances or parts of ordinances in conflict herewith are to the
extent of such conflict hereby repealed.
Passed and approved by the President and Board of
Trustees of the Village of Oakbrook this,- - 7 day of
1967.
Approved:
President
Attest:
Clerk
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