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491ORDINANCE NO. 191 AN ORDINANCE PROVIDING FOR RETIREMENT BENEFITS FOR H. D. HOLLAND: DECLARING AN EMERGENCY AND FOR OTHER PURPOSES. WHEREAS, H. D. HOLLAND has served the City of West Memphis, Arkansas, for many years in the capacity of a law enforcement officer; and WHEREAS, the City Council has determined that a provision be made for retirement benefits to be paid to H. D. Holland for faithful and dutiful services rendered; NOW , THEREFORE, BE IT ORDAINED BY THE CITY O~ UNCIL OF WEST MEMPHIS, ARKANSAS: Section 1. That H. D. Holland be, and he is hereby, granted a monthly retirement benefit of Three Hundred and No/100ths Dollars ($300.00) per month for life or until such time as he may secure employment that would provide compensation equal to the present salary being paid by the City of West Memphis, but in no event shall the total of such employment compensation and retirement benefits exceed the present salary being paid by the City of West Memphis, Section 2. That the treasurer of the City be, and he is hereby, authorized and directed to pay such retirement benefit each month as provided above. Section 3. It is hereby found and declared that an emergency exists and this ordinance being necessary for the preservation of the public peace, health and safety, same shall be in full force and effect from and after its passage, approval and publication as required by law. ADOPTED this 20th day of January, 1966. M AT TE.,,S-T, ` ~ ~ ~ ,~ ~~ f CI CLERK