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<br />MINUTE ORDER <br />CITY COUNCIL MEETING <br />REDEVELOPMENT AGENCY <br /> <br />May 8. 2006 <br />MO. 06-81 <br /> <br />CITY CLERK DEPARTMENT <br />Redwood City <br /> <br />DATE: <br /> <br />May 9, 2006 <br /> <br />Attention: <br /> <br />City Attorney <br />Finance Department <br /> <br />SUBJECT: PERS 30-Year Rolling Amortization <br /> <br />AGENDA ITEM: 6.1D (50S) <br /> <br />Meeting of the Council of the City of Redwood City on May 8, 2006. <br /> <br />Present: Council Members Aguirre, Bain, Hartnett, Howard, Ira, Vice Mayor Foust, and <br />Mayor Pierce <br /> <br />Absent: None <br /> <br />The following motion was made, carried and entered on the Minutes <br /> <br />MIS Hartnett/Howard to acknowledge receipt of a report from the Finance <br />Director concerning changes that the California Public Employee Retirement <br />System has made to how certain liabilities are amortized. No legislative action is <br />recommended at this time. <br /> <br />The motion passed by a unanimous roll call vote by all those present. <br /> <br />W~~~',,~'~(> .J~.~ <br />Patricia S. Howe <br />City Clerk <br />