CC RESOLUTION 3722RESOLUTION NO. 3722
A RESOLUTION OF INTENTION TO APPROVE AN AMEND-
MENT TO CONTRACT BETWEEN THE BOARD OF ADMINIS-
TRATION OF THE PUBLIC EMPLOYEES' RETIREMENT
SYSTEM AND THE CITY COUNCIL OF THE CITY OF EL
SEGUNDO.
WHEREAS, the Public Employees'
participatia.n of public agencies an
Public Employees' Retirement System
tract, and sets forth the procedure
may elect to subject themselves and
to said Law; and
Retirement Law permits the
d their employees in the
by the execution of a con -
by which said public agencies
their employees to amendments
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 Section 20024.2 (One -Year Final
Compensation) for local miscellaneous members,
including extension of the funding period to
the year 2011.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF EL SEGUNDO
DOES HEREBY FIND, DETERMINE AND RESOLVE AS FOLLOWS:
SECTION 1. That the City Council 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 attach-
ed hereto, as an "Exhibit" and by this reference made a part hereof.
PASSED AND ADOPTED this 3rd
day of SEPTEMBER
r o
991.
City of El Segundo
EXHIBIT I
Amendment to the contract between the Board of Administration of
the Public Employees Retirement System and the City Council of the
City of E1 Segundo:
To provide Section 20024.2 (one -year final compensation)
for local miscellaneous members, including extension of
the funding period to the year 2011.
The effective date of the amendment is January 1, 1992.
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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 Council, of the City of E1 Segundo, on
August 20, 1991.
i
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) SS
CITY OF EL SEGUNDO )
1, Ronald L. Hart, City Clerk of the City of El Segundo, California, DO HEREBY
CERTIFY that the whole number of members of the City Council of said City is four; that
the foregoing resolution, being Resolution No. 3722 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 held on the 3rd day of
September, 1991 and that the same was so passed and adopted by the following vote:
AYES: Mayor Jacobson, Mayor ProTem Dannen
and Councilmen West.
NOES: None
ABSTENTIONS: None
ABSENT: Councilman Wise
WITNESS MY HAND THE OFFICIAL SEAL OF SAID CITY this 10th day
of September, 1991.
RONALD L. HART
City Clerk of the
City of El Segundo, California
1-0 (SEAL)