Laserfiche WebLink
<br />ATTY/RESO.0110/CC RESO INTENT TO APPROVE AMENDMENT WITH CALPERS <br />REV: 11-15-16 RL <br />Page 1 of 1 <br />RESOLUTION OF INTENTION <br />TO APPROVE AN AMENDMENT TO CONTRACT <br />BETWEEN THE <br />BOARD OF ADMINISTRATION <br />CALIFORNIA PUBLIC EMPLOYEES’ RETIREMENT SYSTEM <br />AND THE <br />CITY COUNCIL <br />CITY OF REDWOOD CITY <br /> <br /> WHEREAS, the Public Employees’ Retirement Law permits the participation of <br />public agencies and their employees in the Public Employees’ Retirement System by <br />the execution of a contract, and sets forth the procedure by which said public agencies <br />may elect to subject themselves and their employees to amendments to said Law; and <br /> <br />WHEREAS, one of the steps in the procedures to amend this contract is the <br />adoption by the governing body of the public agency of a resolution giving notice of its <br />intention to approve an amendment to said contract, which resolution shall contain a <br />summary of the change proposed in said contract; and <br /> <br />WHEREAS, the following is a statement of the proposed change: <br /> <br />To provide Section 20516 (Employees Sharing Additional Cost) of an <br />additional 1% for classic local fire members in the International <br />Association of Fire Fighters Local 2400 and 3% for classic local police <br />members in the Redwood City Police Officers’ Association. <br /> <br />NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF <br />REDWOOD CITY AS FOLLOWS: <br /> <br />1. That the governing body of the above agency does hereby give notice of <br />intention to approve an amendment to the contract between said public agency and the <br />Board of Administration of the Public Employees’ Retirement System, a copy of said <br />amendment being attached hereto, as an “Exhibit” and by this reference made a part <br />hereof. <br /> <br /> <br />By: ___________________________________ <br />Presiding Officer <br /> <br /> ___________________________________ <br />Title <br /> <br />____________________________ <br />Date adopted and approved <br /> <br />* * * <br />6.4.A. - Page 5