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06/26/2017 <br />RESOLUTION NO. 15602 <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDWOOD <br />CITY OF INTENTION TO APPROVE AN AMENDMENT TO CONTRACT <br />BETWEEN THE BOARD OF ADMINISTRATION OF THE CALIFORNIA <br />PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE CITY <br />COUNCIL OF THE CITY OF REDWOOD CITY <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 />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 />WHEREAS, the following is a statement of the proposed change: <br />To provide Section 20516 (Employees Sharing Additional Cost) of 3% for <br />classic members in the Redwood City Chief Officers Association. <br />NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF <br />REDWOOD CITY AS FOLLOWS: <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 A" and by this reference made a part <br />hereof. <br />By: <br />Presiding Officer <br />�Ie!� 1 <br />T,)X, -?6, J0II <br />Date adopted and approved <br />ATTY/RESO.0059/CC RESO APPROVING AMENDMENT TO CONTRACTWITH CALPERS RESO. NO. 15602 <br />REV: 06-22-17 MI MUFF NO. 904 <br />Page 1 of 1 <br />