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Recommendation: <br />That the City Council initiate a contract amendment with the Public Employees <br />Retirement System to provide for Government Code, Section 21362.2, 3% at 50 <br />Full Formula for the Redwood City Police Officers Association and Police <br />Sergeants Association members by adopting a resolution of intention, and that the <br />City Council introduce the ordinance approving and authorizing the contract <br />amendment with the Public Employees Retirement System to provide for <br />Government Code, Section 21362.2, 3% at 50 Full Formula for the members of <br />both Associations effective on June 28, 2004. MINUTE ORDER 04 -39 <br />1. Resolution of intention: <br />ADOPT RESOLUTION 14574 OF INTENTION TO APPROVE AN AMENDMENT TO <br />CONTRACT BETWEEN THE BOARD OF ADMINISTRATION CALIFORNIA PUBLIC <br />EMPLOYEES' RETIREMENT SYSTEM AND THE CITY COUNCIL CITY OF REDWOOD <br />CITY <br />2. Introduction of Ordinance: <br />ORDINANCE AMENDING CONTRACT BETWEEN THE BOARD OF ADMINISTRATION <br />OF CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE CITY <br />COUNCIL OF THE CITY OF REDWOOD CITY <br />5.3 Section — Warrants <br />A. Approve warrants dated through March 8, 2004 and usual and necessary <br />payments through March 22, 2004; (301) MINUTE ORDER 04-40 <br />6. STAFF REPORTS <br />A. Caltrain Service: Baby Bullet and High Speed Rail <br />Engineering and Construction Manager Patterson gave the report and introduced <br />staff from the Joint Powers Board to answer questions. <br />Council questions ensued and responses given. <br />Recommendation: <br />Information only. There was no recommendation from staff at this time. <br />B. Agreement for Business License Compliance Services (304) <br />REGULAR CITY COUNCIL MEETING MARCH 8, 2004 <br />MINUTES PAGE 3 <br />MINUTES Book No. 60 <br />Page No. 161 <br />