HomeMy WebLinkAboutResolution No. 97-C0680 0
RESOLUTION NO. 97-C68
RESOLUTION OF INTENTION TO APPROVE AN AMENDMENT TO .
THE CONTRACT BETWEEN THE BOARD OF ADMINISTRATION OF
THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE CITY
COUNCIL OF THE CITY OF AZUSA
WHEREAS, the Public Employees' Retirement Law permits the participation of public
agencies and their employees in the Public Employees' Retirement System by the execution of a
contract, and sets forth the procedure by which said public agencies may elect to subject
themselves and their employees to amendments to said Law; and
WHEREAS, one of the steps in the procedures to amend this contract is the adoption by
the governing body of the public agency of a Resolution giving notice of its intention to approve
an amendment to said contract, which Resolution shall contain a summary of the change
proposed in said contract; and
WHEREAS, the following is a statement of the proposed change:
"To provide Section 20615.5 (9% Employer Paid Member Contributions
Converted to Payrate During the Final Compensation Period) and Section
21124 (Military Service Credit as Public Service) for local police
members."
NOW, THEREFORE, BE IT RESOLVED THAT:
Section 1. The City Council of the City of Azusa does hereby give notice of intention to
approve an amendment to the contract between the said governing body and the Board of
Administration of the Public Employees' Retirement System, a copy of said amendment being
attached hereto, as an "exhibit" and by this reference made a part hereof.
Section 2. The City Clerk shall certify to the adoption of the Resolution.
APPROVED AND ADOPTED this 19t'day of May, 1997.
I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the City
Council of the City of Azusa at a regular meeting thereof, held on the 19°i day of May, 1997 by
the following vote of Council:
AYES COUNCIL MEMBERS:Hardison, Stanford, Rocha, Beebe, Madrid
NOES COUNCIL MEMBERS: None
ABSENT COUNCIL MEMBERS: None
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