Section 18-63 Same--Powers and duties.
Prior to the adoption of Ord. 018160 on 07/06/2004, Section 18-63 read as follows.
(a) The FRB board shall oversee
and establish policies for the fire retirement trust, advise
the city council and the director of finance upon the administration of the fund, shall hear appeals
from the decisions of the director of finance in accordance with the provisions of this article and
such additional rules as it shall adopt.
(b) The administrator shall keep the books and
records of the FRF with these being audited
annually by an independent auditor as a part of the city's annual audit; provided, however, that r
Records of hearings before the FRB board and its minutes shall
be kept by its secretary. These
records of the proceedings of the FRB board shall be open to the public during
all regular
business hours; provided, however, the records of medical examinations made of
any retiree or applicant for retirement shall not be subject to inspection
by the public closed records.
(c) The board shall have exclusive original jurisdiction
to receive, hear and rule upon all
appeals from decisions of the administrator for benefits from the fund under the contested case
provisions of chapter 536 RSMo. and to hear and determine all such appeals. The decision
of the
board shall be in writing and the board may take and preserve the evidence on any disputed claim
and such evidence, records, finding and decision of the board shall be subject to judicial review
on certiorari or other proper legal procedure with the full right of appeal from the decision of the
reviewing court on appeal, as in other civil cases.
(d) The FRB shall have the power, and they are
required, to board may prescribe rules and
regulations, not inconsistent with state laws or this article, to govern and control the hearing,
consideration and disposition of all appeals, and other administrative matters and proceedings
before such the board.
(e) The FRB board shall advise
the city council in order that a high degree of care is
exercised to keep the FRF firefighters retirement fund safely invested
in such securities as will
afford the greatest return consistent with safety of principal, but such investments shall be
limited to
such securities as are, or may be eligible by the laws of the State of Missouri.
(f) The FRB shall hold one regular meeting each
month at a time to be fixed by it, and may
hold such additional meetings as may be required for the transaction of the business of the board.
(Code 1964, § 9.2070; Ord. No. 18868, § 1, 2-4-91)