FULTONDALE — Those who have retired from the city of Fultondale could be eligible for a lump-sum retirement payment in October.
On Monday, the Fultondale City Council adopted a resolution to provide funds to the Employees Retirement System, as a provision of Alabama Legislature Act 429, Section 2.
Mayor Jim Lowery said Fultondale would contribute about $10,000 to the fund.
“It means a great deal to people who served the city and have already retired,” Lowery said.
In other business, the council:
• Authorized Lowery to renew cooperation agreement with the Jefferson County Commission for the Community Development Block Grant Program. The agreement must be renewed every three years and keeps the city eligible to apply for grants.
• Approved the fiscal audit for the year ending Sept. 30, 2013. Finance chairman Joe Bolton said the audit was “clean” and shows that the city’s revenues were flat for the fiscal year. Lowery said the city is working on development projects that it is not ready to announce; the projects are expected to increase city revenue.
• Announced the 24th annual Stampede 5K and 1-mile fun run for June 21, 8 a.m., at Walker Chapel Baptist Church. The event is a fund-raiser for the Fultondale Fire Department.
The next city council meeting is June 23, 11:30 a.m., at Fultondale City Hall.