Ordinance 1951-259 - Laserfiche WebLink

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ORDINANCE N0. 259 AN ORDINANCE PRETATNING TO THE EXTENSION OF THE SOCIAL SECURITY SYSTEM TO THE EMPIDOYEES AND OFFICERS OF THE TOWN OF LOUISVILLE, COL(R ADO: Be it Ordained by the Board of Trustees of the Town of Louisville, State of Colorado, th8t it is the considered opinion of this body that the extension of the Social Security System to employees and officers of the Town of Louisville will be of great benefit, not only to the employees of the Town and necessary for the health and welfare of the Town of Louisville, Colorado. lie 38th General assesmbly of the State of Colorado, in regular session, enacted a statute, known as House Bill No. 291, which is the enabling act provided for in Section 218 of Public Law 734, 81st Congress, which designated the Department of Employment Security, Mate of Colorado, to act as the Department to implement the overage of employees and officers under the said Old-Age and Survivors' Insurance System. The Town of Louisville is hereby authorized to execute and deliver to the Department of Employment Security, State of Colorado, a plan, or plans and agreement, required under Section 5 of said enabling act and the Social Security Act, to extend coverage to the employees and officers of the Town of Louisville and do all other necessary things to effectuate coverage of employees and officers under the Old-Age and Survivors' Insurance System. The Clerk is hereby authorized to establish a system of pay roll deduction to be matched by payments by the Town of Louisville to be made into the Contribution Fund of•the Social Security Act through the Department of Employment Security, and to make charges of this tax to the fund, or funds, from which wage or salary payments are issued to employees of the Town of Louisville, Snah payments are to be made in accordance with the provisions of Section 1400 of the Federal Insurance Contribution Act on ali services which constitute employment within the meaning of that act. Payments made to the Department of Employment Security, State of Colorado, shall be due and payabe on or before the 18th day of the month immediately following the completed calendar quarter, and such payments which .are delinquent shall bear interest at the rate of 1/2 of if per month until such time as payments are made. Appropriation i~' hareby made from the proper fund, or funds, of the Town of Louisville in the necessary amount to pay into the contra- bution fund as provided in Section 3 (c) (1) of the enabling act and in accordance with the plan, or Plans, and Agreement. Authority is given to the Mayor and the Clerk of the Town of Louisville to enter into an agreement with the Department of employment Security, State of Colorado, which agreement shall be in accordance with House Bill No. 291 and with paragraph 218 of the Social Security Act. Such plan and agreement shall provide that the participation of this Town of Louisville steal 1 be in effect as of July 1, 1951. Dated this 4th day of December, 1951 ,~ ~~ ' ay o ATTEST; `: ,~ ~~-_ _ _Town Clerk '_ The regoing Ordinance Nq~ 259 was introduced, read, adopted and or e ed published in the Louisville Time~,~ at a regular meeting of the Board of Trustees held on the 4th day of December, 1951. Town Clerk