HomeMy WebLinkAboutResolution No. 2863 r
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RESOLUTION NO. 2863
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RESOLUTION OF INTENTION TO APPROVE AN % , ' .,A
AMENDMENT TO CONTRACT BETWEEN THE r 4
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BOARD OF ADMINISTRATION OF THE
PUBLIC EMPLOYEES' RETIREMENT SYSTEM
AND THE
CITY COUNCIL
OF THE
CITY OF DOWNEY
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 required in the procedure to amend this con-
tract is the adoption by the legislative 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 changes proposed
in said contract; and
WHEREAS, attached is a summary of the major provisions of the proposed
plan.
NOW, THEREFORE, BE IT RESOLVED, that the CITY COUNCIL of the CITY OF
DOWNEY gives, and it does hereby give, notice of intention to approve an
amendment to contract between said CITY COUNCIL and the Board of
Administration of the Public Employees' Retirement System, a copy of said
amendment and a summary of the major provisions of the proposed changes being
attached hereto, marked Exhibits "A" and "B" and by this reference made a
part hereof.
The City Clerk shall certify to the adoption of this Resolution.
APPROVED AND ADOPTED this 8th day of October, 1973.
Mayor
ATTEST:
City ler
I HEREBY CERTIFY that the foregoing Resolution was duly adopted at a
regular meeting of the City Council of the City of Downey thereof held on
the 8th day of October , 1973, by the following vote, to wit:
AYES: 5 Councilmen: DiLoreto, Jennings, Temple, Winton, Morton
NOES: 0 Councilmen: None
ABSENT: 0 Councilmen: None
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City Clerk
Ret. Form 122
77
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