HomeMy WebLinkAboutResolution No. 3195 RESOLUTION NO. 3195
RESOLUTION OF INTENTION TO APPROVE AN
AMENDMENT TO CONTRACT BETWEEN THE
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 participa-
tion 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 procedure to amend this contract 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 summary of the change proposed in said
contract; and
WHEREAS, the following is a statement of the proposed change:
Provide final compensation on the basis of one year
(instead of three years) for miscellaneous members.
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 the contract between the CITY COUNCIL and the Board of
Administration of the Public Employees' Retirement System, a copy of said
amendment being attached hereto, marked "Exhibit A" and by this reference
made a part hereof.
The City Clerk shall certify to the adoption of this Resolution.
APPROVED AND ADOPTED this 10th day of November, 1975.
RIN•
Jos h E. DiLoreto, Mayor
ATTEST:
t
City Clerk
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 10th day of November , 1975, by the following vote, to wit:
AYES: 4 Council Members: Scotto, Jennings, Greene, DiLoreto
NOES: 0 Council Members: None
ABSENT: 1 Council Members: Winton
a 1 t
�' d
ti '� - , ice -
t
City Clerk