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AN ORDINANCE AUTHORIZING THE PAYMENT OF 100% OF THE CITY <br />EMPLOYEE'S SHARE OF LIFE INSURANCE PREMIUMS FOR FY2001. <br /> <br /> BE IT ORDAINED by the Council of the City of Portsmouth, Virginia: <br /> <br /> 1. That the City Manager or his designee be, and he hereby is authorized to <br />pay from the FY 2001 Operating Budget 100% of the city employee's share of the <br />premium for life insurance benefits through the Virginia Retirement System. <br /> <br /> 2. That this ordinance shall take effect on the date of its adoption. <br /> <br /> Adopted by the Council of the City of Portsmouth, Virginia, at a meeting held on <br />July 25, 2000. <br /> <br /> Teste: <br /> <br /> <br /> City Clerk <br /> <br /> <br />