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HomeMy WebLinkAboutOrdinance No. 955 ORDINANCE NO. 955 AN ORDINANCE OF THE CITY COUNCIL of the (Name of Governing Body) CITY OF AZUSA authorizing an (Name of Public Agency) AMENDMENT TO THE CONTRACT BETWEEN THE CITY COUNCIL (Governing Body) AND THE BOARD OF ADMINISTRATION OF THE CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM. The City Council of the City of Azusa (Name of Governing Body) (Name of Public Agency) does ordain as follows: SECTION 1. That an amendment to the Contract between the City Council (Name of of the City of Azusa and the Board of Governing Body) (Name of Public Agency) Administration, California Public Employees' Retirement System is hereby author- ized, a copy of said amendment being attached hereto, marked "Exhibit A," and by such reference made a part hereof as though herein set out in full. SECTION 2. The Mayor (Title of Presiding Officer) of the City Council, City of Azusa, is hereby authorized, empowered, and (Name of Governing Body) directed to execute said amendment for and on behalf of said Agency. SECTION 3. This Ordinance shall take effect '30 days after the date of its adoption, and prior to the expiration of 15 days from the passage thereof shall be published at least once in the Azusa Herald & P4m tropic, (Name of Newspaper a newspaper of general circulation, published and circulated in the (Name of City of Azusa and thenceforth and thereafter the same Public Agency) shall be in full force and effect. Adopted and approved this 18th day of November , 19 68 (Priding Officer Mayor Attest: 905(//1.1 City Cle (Amendment) Ret. Form 128 (Rev. 3/68) 200 EXHIBIT A AMENDMENT TO CONTACT BETWEEN THE BOARD OF ADMINISTpA_TION P BT,TC EI PLC j'g3 t RETIREMENT SYSTEM AND THE OTT- COUNCIL OF THE CITY OF AZUSA The Board of Administration, Public Employees" Retirement System, hereinafter • referred to as Board, and the CITY COUNCIL of the CITY OF AZUSA, hereinafter referred to as Public Agency, having entered into a contract under date of December 20, 1948, effective January 1, 19119, and as amended effective July 1, 1956, September 1, May 1, l p 1958, y 960, and September 3, 1967, which provides for the participation of Public Agency in said System, Board and Public Agency hereby agree as follows: A. The following subparagraphs shall be added to said Contract: ' 5(c)(11) Section 21251.75 of the Government Code (providing for increases in and allowances payable for time commencing on the first day of the calendar 6(g)(6) month coinciding with or next following the effective date of this amendment to persons retired prior to January 1, 1967). B. Paragraphs 7 (a) and 7 (b) shall be stricken from said Contract and the follow- ing paragraphs substituted therefor: 7 (a) With respect to miscellaneous members, the public agency shall contribute the following percentages of monthly salaries earned as miscellaneous members of said System: (1) 2.076 percent until December 31, 1978 on account of the liability for prior service benefits. (2) 5.468 percent on account of the liability for current service benefits. 7 (b) With respect to local safety members, the public agency shall contribute the following percentages of monthly salaries earned as local safety members of said System: (1) 0.707 percent until December 31, 1978 on account of the liability for prior service benefits. (2) 12.751 percent on account of the liability for current service benefits. C. This amendment shall be attached to said Contract and shall become effective on the day of Witness our hands this day of BOARD OF ADMI1jISTR TION CITY COUNCIL OF THE PUBLIC fl ?LOYEES° R IR��T.'MIT SYSTEM CITY OF AZUSA ' BY Pesid iw s William E. Payne, Executive Officer Attest: T 71P Clerk Ret. Form 702 STATE OF CALIFORNIA COUNTY OF LOS ANGELES ss . CITY OF AZUSA I, DEAN, F. KLARR, City Clerk of the City of Azusa, do hereby certify that the foregoing Ordinance No . 955 was regularly intro- duced and placed upon its first reading at a regular meeting of the City Council on the 4th day of November, 1968. That thereafter, said Ordinance was duly adopted and passed at a regular meeting of the City Council on the 18th day of November, 1968, by the following vote, to wit: AYES : Councilmen: Rubio, Decker, Cooney, Calvert, Solem NOES : Councilmen: None ABSENT: Councilmen: None City Cle I do further certify that I caused said Ordinance to be pub- lished prior to the expiration of fifteen days from the passage thereof in the Azusa Herald and Pomotropic, a newspaper of general circulation, printed, published and circulated in the City of Azusa, on the 27th day of November, 1968, and that the same was published in accordance with law. City Clerk Publish Azusa Herald & Pomotropic, November 27, 1968