05-06-2008 May 6, 2008
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SPECIAL CALLED MEETING
May 6, 2008
Tuesday, 7:17 p.m.
2nd Floor Conference Room
The Special Called Meeting of Mayor and Council was held at Smyrna City Hall, 2nd Floor
Conference Room. Mayor Bacon called the Special Called Meeting at 7: 17 p.m. following a work
session. All council members were present. Also present were City Administrator Wayne Wright,
City Clerk Susan Hiott, City Attorney Scott Cochran, Finance Director David Boyd, and Assistant
to the Mayor, Ray Watford.
Formal Business:
(A) Approval of measures to comply with GASB 45 requirements regarding accounting for
retiree health insurance benefits
Councilmember Pete Wood moved to approve measures to comply with GASB 45 requirements
regarding accounting for retiree health insurance benefits. City Administrator clarified measures as
implementing the following Milliman GASB 45 recommendations: Establish Trust Fund for OPEB
benefits, require Medicare Advantage program for post-65 retirees and for actuarial calculations,
limit employer premium equivalency rate contributions to $8,300 pre-65 retirees and $3,500 post-65
employees, to move to the Blue Cross network system and implement the following staff
recommendations, and appoint Strategic Benefit Solutions, Inc. as the broker of record for the group
health plan. Mike McNabb seconded the motion.
Councilmember Ron Newcomb moved to table. Melleny Pritchett seconded the motion. The
motion to table failed 4-3. (Yeas: Pritchett, Newcomb, Smith) (Nays: Lnenicka, Anulewicz,
McNabb, Wood)
The motion to approve measures to comply with GASB 45 requirements regarding accounting for
retiree health insurance benefits (as stated above). The motion passed 4-3. (Yeas: Wood,
Lnenicka, Anulewicz, and McNabb) (Nays: Pritchett, Newcomb, Smith)
Mayor Bacon stated he would be vetoing this motion.
Motion to adjourn by Councilmember Ron Newcomb and seconded by Melleny Pritchett. The
meeting adjourned at 7:20 p.m.
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CHARLES PETE WOOD, WARD 7
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SUSAN .HIOTT,OTYCrERK
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RON NEWCOMB, WARD 2
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WADE S. LNENICKA, WARD 6
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CITY OF SMYRNA
A. MAX BACON
MAYOR
VETO
Please be advised that I am hereby vetoing the resolution of City Council at
the May 6, 2008 Special Called Meeting, Item (A), approval of measures to
comply with GASB 45 requirements regarding accounting for retiree health
insurance benefits.
I am officially vetoing the motion to "approve measures to comply with
GASB 45 requirements regarding accounting for retiree health insurance
benefits" being implementing the following Milliman GASB 45
recommendations: establish Trust Fund for OPEB benefits, require
Medicare Advantage program for post-65 retirees and for actuarial
calculations, limit employer premium equivalency rate contributions to
$8,300 pre-65 retirees and $3,500 post-65 employees, to move to the Blue
Cross network system and implement the following staff recommendations
and appoint Strategic Benefit Solutions, Inc. as the broker of record for the
group health plan.
The reason for the veto is more time is needed to analyze and substantiate
the data. The clerk is directed to file this veto and enter it on the minutes this
8th day of May, 2008.
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A. Max Bacon, Mayor
C - Council
City Administrator Wayne Wright
City Clerk Susan Hiott
City Attorney Scott Cochran
Finance Director David Boyd
Georgia Municipal Association and Georgia Trend Magazine 2003-2004
"City of Excellence"
Urban Land Institute's 97 Award of Excellence for the Best Public Project