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Mayor & City Council <br />May 21, 1993 <br />Page 2 <br />with negotiation of these annual benefit increases. It <br />would also be my recommendation that we set this program up <br />on a five year basis. <br />I am planning on having the auditors run two additional <br />schedules to show what Schedules I, II, and III would <br />require for annual City support for 1994 at the current <br />benefit level of $2,000 per year of service and the <br />proposed level of $2,100 per year of service. This would <br />give us a better perspective as to the conservative nature <br />of the projections we have been working under. <br />Should you have any comments or questions regarding this <br />matter, please feel free to contact me. <br />JRH:kpv <br />Enclosures <br />Page 78 <br />