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R 0704 ".- ~ . ~ -.-I RESOLUTION NO. 704 RESOLUTION OF INTENTION TO APPROVE AN AMENDMENT TO CONTRACT BETWEEN THE BOARD OF ADMINISTRATfON OF THE STATE EMPLOYEES' RETIREMENT SYSTEM AND TH~ CITY COUNCIL OF THE CITY OF ARROYO GRANDE. WHEREAS, the State Employees' Retirement Law permits the participation of public agencies and their employees In the State Employees' Re- tirement System by the excution of a contract, and sets forth the procedure by which said public agencies may elect to subject them- selves 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, attached is a summary of the major provisions of the proposed plan; NOW, THEREFORE, BE IT RESOLVED, that the CITY COUNCIL of the CITY OF ARROYO GRANDE gives, and it does hereby give notice of intention to approve an amendment to contract between said CITY COUNCIL and the Board of Administration of the State Employees' Retirement System, a copy of said amendment and a summary of the major provisions of the proposed change be,lng attached hereto, marked Exhibits "A" and "B" and by this reference made a part hereof. On motion by Councilman Levine, seconded by Councilwoman Thompson, and on the following roll call vote, to-wit: . AYES: Councilwoman Thompson, Councilmen Levine, Schlegel, Burt and Mayor Wood NOES: None ABSENT: None the foregoing Resolution was adopted this 28th day of June, 1966. '- _--bL~-J ~--1,.vf Mayor ATTES~ ~ ~ ~ CI Clerk ~ ~- - - --