CC Resolution 8961
RESOLUTION 8961
A 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 CAMPBELL
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 reduce the additional percentage of compensation (provided pursuant to
Section 20516) from 2 % to 0 % as of the effective date of this amendment to
contract for local police members only.
NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of
Campbell does hereby give notice of intention to approve an amendment to the contract between
said public agency 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 2nd day of April, 1996, by the following roll call vote:
AYES:
Councilmembers: Burr, Conant, Watson, Dougherty
NOES:
Councilmembers: None
ABSENT:
Councilmembers: None
A~
Anne Bybee. City Clerk
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