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<br />06/04/2007
<br />
<br />ORIGINAL
<br />
<br />ORDINANCE NO. 2310
<br />
<br />ORDINANCE AMENDING CONTRACT BETWEEN THE BOARD OF
<br />ADMINISTRATION OF CALIFORNIA PUBLIC EMPLOYEES'
<br />RETIREMENT SYSTEM AND THE CITY COUNCIL OF THE CITY OF
<br />REDWOOD CITY TO PROVIDE SECTION 21548 (PRE-RETIREMENT
<br />OPTIONAL SETTLEMENT 2 DEATH BENEFIT); SECTION 20965
<br />(CREDIT FOR UNUSED SICK LEAVE) AND SECTION 21574 (FOURTH
<br />LEVEL OF 1959 SURVIVOR BENEFITS) FOR LOCAL POLICE
<br />MEMBERS
<br />
<br />THE COUNCIL OF REDWOOD CITY DOES ORDAIN AS FOLLOWS:
<br />
<br />The Board of Administration, California Public Employees' Retirement System,
<br />
<br />hereinafter referred to as Board, and governing body of the above public agency,
<br />
<br />hereinafter referred to as Public Agency, having entered into a contract effective July 1,
<br />
<br />1941, and witnessed July 11, 1941, and as amended effective July 1, 1954, August 1,
<br />1959, January 1, 1967, April 1, 1969, July 1, 1971, September 1, 1971, September 28,
<br />
<br />1973, December 1, 1975, November 1, 1976, July 1, 1979, February 1, 1980, March
<br />
<br />13, 1989, August 23, 1990, February 13, 1992, January 14, 1993, June 22, 1998,
<br />
<br />October 14, 1999, November 21, 2001, May 6, 2002, July 14, 2003, June 28,2004, July
<br />
<br />10, 2006 and January 22, 2007 which provides for participation of Public Agency in said
<br />
<br />System, Board and Public Agency hereby agree as follows:
<br />
<br />SECTION 1. That paragraphs 1 through 13 are hereby stricken from said
<br />
<br />contract as executed effective January 22, 2007, and are hereby replaced by
<br />
<br />paragraphs numbered 1 through 13 inclusive as set forth in the attached Exhibit "An,
<br />
<br />Amendment to Contract, and by such reference made a part hereof as though herein
<br />
<br />set out in full.
<br />
<br />Atty/Ord/Ord.277
<br />042607
<br />
<br />2310
<br />Formerly Muff # 905
<br />
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