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HomeMy WebLinkAbout1981-759-R RESOLUTION No. 752 A RESOLUTION AMENDING 1981 BUDGET TO PROVIDE FOR PAYMENT OF EX-MAYOR PEYTON (W GOLDEN RETIREMENT: WHEREAS, Peyton Golden resigned as Mayor on March 6, 1981; and, WHEREAS, Mayor Golden had been Mayor of Batesville in excess of ten (10) years. and, WHEREAS, Mayor Golden is past the age of sixty (60) years of age; and, WHEREAS, pursuant to Ark. Stat. Ann. §19-1035 Ex-Mayor Golden is entitled to 11 payment of one-half (1 2) thesalarypayable at the time of his retirement until death. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BATESVILLE, ARKANSAS AS FOLLOWS: Section 1: That the 1981 Budget is hereby amended to provide for payment of retirement benefits to Peyton Golden at the rate of one-half (1/2) of his salary as of March 6, 1981 as provided for by Ark. Stat. Ann. §19-1035. ADOPTED this 13-rq day of March, 1981. APPROVED: EVI SHERRILL, ACTING MAYOR ATTEST: UUMY WILLIAM, City Clerk �w