HomeMy WebLinkAboutResolution 98-054 04/13/1998 Resolution No. ss-s4 N.C.S.
of the City of Petaluma, California
1 INTENTION TO APPROVE AN AMENDMENT TO CONTRACT
z BETWEEN THE BOARD OF ADMIlVISTRATION OF TIIE
3 PUBLIC EMPLOYEES' RET~F.MF'NT SYSTEM AND THE
a CITY COUNCIL OF THE CITY OF PETALUMA
s WHEREAS, the Public Employees Retirement Law permits the participation of public agencies
s 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
a subject themselves and their employees to amendments to said Law; and,
9 WHEREAS, one of the steps in the procedures to amend this contract is the adoption by the
to governing body of the public agency of a resolution giving notice of its intention to
u approve an amendment to said contract, which resolution shall contain a summary of
Iz the change proposed in said contract; and,
Is WHEREAS, the following is a statement of the proposed change:
la To provide 2% @ 55 Full formula for local miscellaneous members
is and Section 21574 (Fourth Level of 1959 Survivor Benefits) for local
le safety members only.
i~ NOW, THEREFORE, BE IT RESOLVED that the governing body of the above agency does
la hereby give notice of intention to approve an amendment to the contract between
19 said public agency and the Board of Administration of the Public Employees'
zo Retirement. System., a .copy of said amendment being attached hereto, as an
v "Exhibit" and by this reference made a part hereof.
Under the power and authority conferred upon this Council by the Charter of said City.
REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the Approved as to
Council of the City of Petaluma at a (Regular) ~pecial) meeting form
on the ....13th............ day of -.........._April Is_9$.., by the
following vote:
City Attorney
AYES: KELLER, TORLIATT, HAMILTON, READ, STOMPE, VICE MAYOR MAGUIRE,
MAYOR HILLIGOSS
NOES: NONE
i /
i
ABSENT: NONE / .4...... /
ATTEST: ~ ~ C~~ .
City Clerk
Mayor
CbunciLFil .
n.cs.