HomeMy WebLinkAboutResolution No. 6049 RESOLUTION NO. 604 9
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY DECLARING ITS
INTENTION TO APPROVE AN AMENDMENT TO THE CONTRACT BETWEEN THE
BOARD OF ADMINISTRATION OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM
(PERS) 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
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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; and
WHEREAS, the following is a statement of the proposed change:
To @
ide 2% rov 55 Full and Modified formula for
p
local miscellaneous members, including an extension of
the funding period to the year 2016.
NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF DOWNEY DOES RESOLVE
AS FOLLOWS:
SECTION 1. That the City Council of the City of Downey does hereby give notice of intention
to approve an amendment to the contract between said public agency 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 this Resolution.
APPROVED AND ADOPTED this 22nd day of Apr i 1 , 1997.
i s ' i- .4,0./10.A“.9---
JO E . LAWR NCE, Mayor
A' 'TEST:
. , '
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4 ► ITH E . MC DONNELL , - City Clerk
.I HEREBY CERTIFY that the foregoing Resolution was adopted by the City Council of the
City of Downey at a regular meeting held on the 22nd day April , 1997, by the following
vote, to wit:
AYES: 5 Council Members: McCaughan, Riley, Brazelton, - McCarthy, Lawrence
NOES: 0 Council Members: None
ABSENT: 0 Council Members: None - -
:� ' i / ,
D ITH E . MC DONNELL , City Clerk
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S:\WP WIMAGDA04221PERS -RES
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