§ 37-19. Referendum question.

A. 

This article shall not take effect unless and until it is approved by voters of the City of North Wildwood as a public question at the next general election.

B. 

The following referendum question shall be submitted to the voters of the City of North Wildwood at the November 2, 2004, general election:

	"Shall the City of North Wildwood be authorized to establish a Length of Service Awards Program for volunteer fire fighters that are active members of the North Wildwood Volunteer Fire Company and the Anglesea Volunteer Fire Company that serve the City of North Wildwood in accordance with the following terms and conditions:
	A.	The program shall provide for annual contributions to a deferred income account for each active volunteer member that meets the eligibility criteria and in accordance with the Schedule adopted by the City of North Wildwood.
	B.	The proposed maximum annual contribution for an active volunteer firefighter is $1,150 for the year 2005. Thereafter, that amount shall be subject to adjustment in accordance with the Consumer Price Index (CPI) pursuant to and in accordance with N.J.S.A. 40A:14-185(f) and N.J.A.C. 5:30-14.9.
	C.	The estimated cost of the program has been calculated as follows: For regular annual services: $32,200 for the year 2005.
	Explanatory statement: The City of North Wildwood has decided to create a Length of Service Awards Program ("LOSAP") for active members of the North Wildwood Volunteer Fire Company and the Anglesea Volunteer Fire Company that serve the citizens of the City of North Wildwood. The general requirements for a LOSAP are set forth in state law (N.J.S.A. 40A:14-183, et seq.). Additional details on the program may be found in the ordinance adopted by the City of North Wildwood, which is available for public inspection, along with a copy of the state enabling law at the City Hall, 901 Atlantic Avenue, North Wildwood, New Jersey, 08260, between 8:00 a.m. and 4:00 p.m., Monday through Friday (legal holidays excluded)."