CC RESOLUTION 2802RESOLUTION NO. 2802+
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF EL SEGUNDO, CALIFORNIA, ADDING
SECTION 1A7.020 TO CHAPTER 1A7 (DEFERRED
COMPENSATION PLAN) TO TITLE lA OF THE
EL SEGUNDO ADMINISTRATIVE CODE.
THE CITY COUNCIL OF THE CITY OF EL SEGUNDO, CALIFORNIA,
DOES RESOLVE AS FOLLOWS:
SECTION 1. Chapter lA7 of Title lA of the El Segundo
Administrative Code adopted by Resolution No. 2792, is amended
by adding Section 1A7.020 to read as follows:
SECTION 1A7.020 DEFERRED COMPENSATION PLAN
ESTABLISHED FOR CHAPTER lAl. There is hereby established
a Deferred Compensation Plan for the officers and employees
regulated by Chapter lAl of this Code. Each such employee
shall have the amount shown as deferred compensation in
Section 1A1.030 applied directly to such employee's contri-
butions to the Public Employees' Retirement System;
provided, however, and until the Internal Revenue Service
determines that such contributions are "employer" contri-
butions such deferred compensation provided for in
Section 1A1.010 shall be paid directly to the employee.
SECTION 2. The City Clerk shall certify to the passage
and adoption of this resolution; shall enter the same in the
book of original resolutions of said city; and shall make a
minute of the passage and adoption thereof in the records of
the proceedings of the City Council of said city, in the minutes
of the meeting at which the same is passed and adopted.
PASSED, APPROVED and ADOPTED this 6th day of
September , 1977.
10 zP 9 a4li,
Mayor of the City of El Segundo,
California
ATTEST:
City Clerk
(SEAL)
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES ) SS
CITY OF EL SEGUNDO )
Valerie A. Burrowes City Clerk of the
City of El Segundo, California, DO HEREBY CERTIFY that the
whole number of members of the City Council of the said City
is five, that the foregoing Resolution, being Resolution Nod 2802
was duly passed and adopted by the said City Council, approved
and signed by the Mayor of said City, and attested by the City
Clerk of said City, all at a regular meeting of the said Council
Se tember is �'
held on the 6th clay of,.
and that the same was so passed and adopted by the following vote:
AYES: Councilmen Bue Na el Rockhold
Van Vranken and Mayor Balmer
NOES: Councilmen
ABSENT: Councilmen None
WITNESS MY HAND AND THE OFFICIAL SEAL OF SAID
September 1977
CITY this 12th day of I'
(SEAL)
•
City Clerk
of the City of E1 Segundo, California