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� M 201710 �;: <br />AN ORDINANCE AUTHORIZING PAYMENT FROM THE GENERAL FUND <br />OF A ONE -TIME SUPPLEMENT IN THE NET AMOUNT OF $500 TO <br />BENEFICIARIES UNDER THE PORTSMOUTH SUPPLEMENTAL <br />RETIREMENT SYSTEM AND THE FIRE AND POLICE RETIREMENT <br />SYSTEM. <br />BE IT ORDAINED by the Council of the City of Portsmouth, Virginia: <br />1. That it authorizes payment of a one -time supplement in the net amount of <br />$500 to beneficiaries under the Portsmouth Supplemental Retirement System and the Fire <br />and Police Retirement System. <br />2. That the supplement shall be paid from the General Fund. <br />3. That this ordinance shall take effect on the date of its adoption. <br />ADOPTED by the Council of the City of Portsmouth, Virginia at a meeting held <br />on February 14, 2017. <br />Teste: <br />City Clerk <br />