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Ordinance No. 74-07 CITY OF TIGARD, OREGON ORDINANCE N0.74- AN ORDINANCE REPEALINC Chapter 2.5f; OF THE TIGARD MUNICIPAL CODE WITH RESPECT TO EMPLOYEES' RETIREMENT PLAN UNDER GROUP ANNUITY CONTRACT GR-1692 OF TRAVELERS INSURANCE COMPANY. THE CITY OF TIGARD ORDAINS AS FOLLOWS: Section 1: That Chapter 2.56 of the Tigard Municipal Code, includ- ing Sections 2.56.010 and 2.56.020, whereby RETIREMENT PLAN GROUP ANNUITY CONTRACT GR-1692 of Travelers Insurance Company was approved LF the City Council on March 27, 1972, be, and the same is, hereby repealed without prejudice to the continuance of said plan or contract, or any other plan or contract, providing benefits for the employees of the City of Tigard. Section 2: This ordinance shall be effective on and after the 31st day after its passage by the Council and approval of the mayor. PASSED By unanimous vote of all Council members present after being read three times by number and title only this Igllay of January, 1974. ecorder - City of Tigard i APPROVED: By the Mayor, this /4/-day of January, 1974'. +favor 1:0ty of gar 1 i e r OP.DI'fANCE No'.74- _