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HomeMy WebLinkAboutOrdinances_1394_CCv0001.pdf AN GRDIIZNCE (F THE GITY CCU- CIL r" e Nan�e of Governing Body) r CITY OF RSD­AJDS authorizing an _711qame of Public Agency) 1%=1 YKEENT TO THE CONTERACT BETWEEN T=,, City Council _ Governing Body AND THE BOARD OF AD�,ENTSTPIRATICN OF T C .R L=I _ATTFOR1171A PUBLIC EIN:PLOYEESI SYSUEM. The City Council of the Ci ty of Redlands _TTTame of Governing Body_ (.'game of Public Agency3 does ordain as follows: 32,13TIO�Aj I. That an amendment to the Contract between the of City Council of the City of Redlands and the Board of Cover ring Body) 1:a.-e of PUbLiC Agency) " Admindst-ration. , California Pub lic Eri-;-pioyees' Retirement System is hereby author- ized, a copy of said amendment being attached hereto, marked "Exhibit A," and by such reference made a part hereof as though herein set out in full. SEC"TTON 2. The mavor 7- L,_e of Presiding Officer) of the City Council J 4 Is hereby authorized, empowered, and (Naii,,e of Governing Body) directed to execute said amendment for and on. "Ah-alf of said Agency. SECTION 3. This Ordinance sha-7- talke effect 30 days after the date of its adoption, and prior to the expiration of 15 days from the posse thereof shall be published at least once in the Redlands Daily Facts CNa e of INIewspaper) a newspaper of general circulation,, published and circulated in the �.I_Name of City of Redlands and thenceforth and thereafter the same _L I Pub�ic Agency� shall be in full force and effect. Adopted and approved this 15th day of July, 69 Mayor, PresdingOffice:, City of Redlands fittest: Z, e rk (Amendment) Ret. Form 128 =;.Rev. V03) 200 1_";-P I T A Ai,•:EIND.HLEINT TO CON'=JUCT BET�v*E---'T' THE C� 'INIST BOARD OF 'ZIN PUBLIC DYE'E31 RETT=,—, YSIE-2.1 U A_NT D T�2 CTTY C GTU_X I L Or TEE CITY OFREDUMDS The Board of r1 A,-&,inistration 'Public 'Em.ployees Retirenent System, her,,--', a_-F'ter referred to as Board and the CITY C-UNC17 of the CI-Ir .9 Ili. -W -_ C_ R LM I!PNDS 2 aerein_nfter re- -, erred to as Public Agency, having eatered into a contract under date of Tune 1. V 1945' effective July 1, '945, and as amended el'fect-ive January 1, 1953, 'u g'ust 1, 195D) ?_'-,arch 1, 1957, January 1, 1960, August 1 . 1961, and January 1, 1969, which provides for the participation of Public Agency in. said System,, Board and Public Agency hereby agree as follows: A. The following subparagraphs slaall be added to said contract: 5(c)('111) Section ^_12.51.75 of the GoverrLment Code (providing for increase-, in and allowances payable for time coimnencing on the first, day of the calendar 6'.f)(8) montn coinciding vr-, til or -n0 eC a I' h.4 follo Ij _�4 ng th eff tiv- d Ua of t .4s amend�ment to -Dersons retired prior to January 1, 1967). B. Paragrra�phs 7 (a) and 7 (b) shall be stricken fron. said contract and the follog- ing paragraphs substituted tuted therefor: 7 (a) 'rJlith respect to i-Liscellaneous members, the public agency s"-all contri- bute the follvwring percentages of monthly salaries earned as miscella- rz_� neous members of said System: (1.) 2.173 percent until dune 30, 1974 on account of the liability for prior service benefits. (2) 5.993 percent on account of the liability for current service benef;ts-, 7 (b) With. respect to local safety members, the public agency shall contribute t> the following -percentages of monthly salaries earned as local safety "ZI - mermbers of said System: (1) 1.544 percent- until June 30, 1974 on account of the liab41ity for prior service benefits. (2) 10.6.E percent on account of the liability for c=-rent service benefits. C. This amendment shall be attached to said contract and shall become e ffe C t v e on the 1.6th'k day of Auzust . 1,969 ' itness our hands this .16th day of juix,.- 1.969 BOARD OF AD:'112,7ESMMON CTTYL CCU.',,.C1_,L OF, Tz"12" SYSTF141 CITY OF PUBLIC BY T:lr e s i d i ,,- 07 Z I I c e-r Mayo !�XecU11 "jVa OT I lam Pay-'le3 it er Attest: