HomeMy WebLinkAboutResolution No. 4267 RESOLUTION NO. 4267
A 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
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 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) for Safety members.(Section 20024.2)
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.
The City Clerk shall certify to the adoption of this
Resolution.
APPROVED AND ADOPTED this 28th day of June, 1983.
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ATTEST:
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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 28th day of June, 1983, by the following
vote, to wit:
AYES: 4 Council Members: Jackman, Barb, Davila, Cormack
NOES: 0 Council Members:
ABSENT: 1 Council Members: Quinn
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City Clerk