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HomeMy WebLinkAbout92-49 bio. 92-49 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 UKIAH 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 in the procedures to amend this contract is the adoption by the governing 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 change proposed in said contract; and WHEREAS, the following is a statement of the proposed change: To provide 2% @ 55 Full and Modified formula (from 2% @ 60 Full and Modified formula) for local miscellaneous members, including an extension of the funding period to the year 2011. NOW, THEREFORE, BE IT RESOLVED that the governing body of the above agency does hereby give notice of intention to approve an amendment to the contract between the said governing body and the Board of Administration of the Public Employees' Retirement System, a copy of said amendment being attached hereto, as an "Exhibit" and by this reference made a part hereof. PASSED AND ADOPTED this 15th day of April, 1992 by the unanimous voice vote of ALL AYE. _ '")_ _ (NAME) Colleen B. Henderson April 15, 1992 (Date adopted and approved) C0302 (AMENDMENT) (Rev. 6/91) (TITLE) Mayor Ret. Form 122 PUBLIC EMPLOYEES' RETIREMENT SYSTEM Public Agency Contract Services Contract Services Division - Section 220 Post Office Box 942709 Sacramento, CA 94229-2709 Telephone (916) 326-3420 326-3240 (Telecommunications Device for the Deaf) CERTIFICATION OF GOVERNING BODY'S ACTION I hereby certify that the foregoing is a true and correct copy of a Resolution adopted by the city Counci i ~ (Governing Body) of the City Of Ukiah on April 15, 1998 (Date) (Name of Public Agency) CSD-CON-12 C0600 (Rev. 2/92) Cathy McKay