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1085R E S O L L' T I O N ~/~ ! ~ ~~ A RESOLUTIOI'1 OF THE CITY COUNCIL OF THE CITY OF ~n7EST MEMPHIS , ARKANSAS Ad'C~ ~ WHEREAS, Lindsey J. Fairley was elected PZunicipal Court Judge of the West P'Iemphis Municipal Court in November, ~ ~ 1970, took office January 1, 1971, has served continuously ~ since and will complete 16 years service as Municipal Court Judge on December 31, 1986; and, WHEREAS, Act 432 of 1973 as amended provides for retire- ment of P~Tunicipal Court Judges after 16 years service who shall attain the age of 50 years, and, WHEREAS, funds for the retirement benefits are admin- istered by a Board of Trustees who have recommended approval of the retirement acid payment of benefits beginning August 13, 1988 and the fund has a balance of $266,972.88 as of September 3U, 1986 and earned $26,976.06 for the first nine months of 1986; and, WHEREAS, the City Council has been asked to approve the retirement and payment of benefits of one-half of the salary of the PZunicipal Judge as of December 31, 1986, with payments be- ginning August 13, 1988. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF L-JEST MEMPHIS, ARKANSAS: The retirement of Lindsey J. Fairley as Municipal Court Judge with 16 years service on December 31, 1986 and payment of benefits of one-half of the salary of t~.e-r osition on that date beginning August 13, 1988 is her y approved. ADOPTED this~day of Dece ber, 1~ ~~ ~T~ ~idERi~'! tf , ~ ~