Loading...
HomeMy WebLinkAbout2708_CCv0001.pdf s RESOLUTION NO. 2708 RESOLUTION OF INTENTION TO APPROVE AN AMENDMENT TO CONTRACT BETWEEN THE BOARD OF ADMINISTRATION OF THE PUBLIC EMPLOYEES ' RETIREMENT SYSTEM AND THE CITY COUNCIL OF THE CITY OF REDLANDS WHEREAS, the Public Employees ' Retirement Law permits the participation of public agencies and their employees in the Public Employees ' Retirement System by the execution of a contract, and sets forth the procedure by which said public agencies may elect to subject themselves and their employees to amendments to said law; and WHEREAS, one of the steps required in the procedure to amend this contract is the adoption by the legislative body of the public agency of a resolution giving notice of its intention to approve an amendment to said contract, which resolution shall contain a summary of the changes proposed in said contract; and WHEREAS, the following is a statement of the proposed change: EXCLUDE PERSONS COMPENSATED ON AN HOURLY BASIS WHO ARE EMPLOYED JANUARY 1, 1969 or AFTER. NOW, THEREFORE, BE ST RESOLVED, that the City Council of the City of Redlands gives, and it does hereby dive, notice of intention to approve an amendment to contract between said City Council and the Board of Administration of the Public Employees ' Retirement System, a copy of said amendment being attached here- to, marked "Exhibit A" , and by this reference made a part hereof. ADOPTED, SIGNED AND APPROVED this 22nd day of October 1968. ATTEST: ayor of the City of lands citYAferk APPROVED FOR FORM [sZ Edward F. Taylor„ City Attorney EXHIBIT A AMENDMENT TO CONTRACT BETWEEN THE BOARD OF ADMINISTRATION PUBLIC EMPLOYEES ' RETIREMENT SYSTEM AND THE CITY COUNCIL OF THE CITY OF REDLANDS The Board of Administration, Public Employees ' Retirement System, hereinafter referred to as Board, and the CITY COUNCIL of the CITY OF REDLANDS, hereinafter referred to as Public Agency, having entered into a contract under date of June 1, 1945, effective July 1, 1945, and as amended effective January 1, 1953, August 1, 1956, March 1, 1957, January 1, 1960, and August 1, 1961, which provides for the participation of Public Agency in said System, Board and Public Agency hereby agree as follows : A. The wards "No Additional Exclusions" appearing in Paragraph 3 shall be stricken from said Contract and the following words shall be substituted there- for: EXCLUDE PERSONS COMPENSATED ON AN HOURLY BASIS WHO ARE EMPLOYED ON OR AFTER JANUARY 1, 1969. B. This amendment shall be attached to said Contract and shall become effective on the First day of January, 1969. witness our hands this 22nd day of October 1968. BOARD OF ADMINISTRATION PUBLIC EMPLOYEES ' RETIREMENT SYSTEM CITY OF REDLANDS By By f William E. Payne kaldo F. Burroughs, r Executive Officer Attest: Cis erk