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O 500 C.S. ...____~o,~---~-....,-----n--~-------______._____ ~__ __0__ __._ ~o._______. , . ORDINANCE NO. 500 C.S. AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF ARROYO GRANDE TO AMEND THE CONTRACT BETWEEN THE CITY . AND THE BOARD OF ADMINISTRATION OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM WHEREAS. the City of Arroyo Grande. County of San Luis Obispo. State of California {"City"} is duly authorized and existing under the laws of said State; and WHEREAS. the City of Arroyo Grande has contracted with the Board of Administration of the California Public Employees' Retirement System to provide retirement benefits to the employees; and WHEREAS. the City of Arroyo Grande wishes to provide Section 21024 (Military Service Credit as Public Service) for local miscellaneous members and local safety members. NOW, THEREFORE, BE IT ORDAINED. by the City Council of the City of Arroyo Grande. as follows: Section 1: That an amendment to the contract between the City Council of the City of Arroyo Grande and the Board of Administration of the California Public Employees' Retirement System is hereby authorized, a copy of said amendment being attached hereto. marked Exhibit. and by such reference made a part hereof as though herein set out in full. Section 2: The Mayor of the City of Arroyo Grande is hereby authorized, empowered, and directed to execute said amendment for and on behalf of said City. Section 3. This Ordinance shall take effect thirty (3D) days afte'r the date of its adoption. Section 4: Within fjfteen (15) days after passage of this Ordinance. it shall be published, together with the names of the Council Members voting thereon. in a newspaper of general circulation within the City. Section 5: This Ordinance shall take effect thirty (30) days after its adoption. , . . RESOLUTION OF INTENIJON TO APPROVE AN AMENDl\1ENT TO CONTRACI' ; BETWEEN THE BOARD OF ADl\fiNISTRATION OF THE PUBLIC EMPJ;.OYEES' RETIREMENT SYSTEM AND THE CITY COUNCIL OF THE CITY OF ARROYO GRANDE WHEREAS, the Public Employees' Retirement Law permits th~ 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 amendn;1ents to said Law; and WHEREAS, one of the steps in the procedures to amend this contract is tb,e adoption by the governing body of the public agency of a resolution giving notice of its intentio~ to approye an amendment to said contract, which resolution shall contain a summary of the change proposed in said contract; and WHEREAS, th~ following is a statement of the proposed change: To provide Section 21024 (Military Service Credit as Public Service) for local miscellaneous members and local safety members. 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 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 ~ . . .. By P~dIDg'O~ /~ MAYOR, CITY OF ARROYO. GRANDE Title DECEMBER 8, 1998 Date adopted and approved. ~ r (Amendment) - '~;.:. . rON-302 (Rev. 4196) I~ ..., . ... - - -- .- "u_ ----..- ------.----___________ ..__. _ ~____.. ~....__~.___._n___.._~ .__.___ -- CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTE:M: Actuarial and Employer Services Division Public Agency Contract Services . . P.O. Box 942709 .. SacnunentoJC~.94229-2709 (916) 326-3420 . . CERTIFICATION OF GOVERNING BODY'S ACTION - . - I hereby certify that the foregoing is a true and correct copy of a ResolutioI!- adopted by the . City Counci~.. of the (governing body) . City of Arroyo Grande (public agency) on December 8, 1998 . (date) iI' 'a.~ Clerkl~ . City Clerk . Title . '. -- - ---- -- ----- ----------~~------~-~---. . . . CALIFORNIA PUBLIC EMPLOYEES' RETIRE:MENT SYSTEM . Actuarial and Employer Services Division Public Agency Contract Services P.O. Box 942709 Sacramf;:nto) CA 94229-2709 (916) 326-3420 CERTIFICATION OF COlVlPLIANCE WITH. . GOVERNMENT CODE SECI10N 7507 . I hereby certify that in accordance with Section 7507 of the Government Code the future annual . - costs as determined by the System Actuary and/or the increase in retirement benefit(s) have been . made public at a public meeting of the City Counci1 (governing b~dy) City of Arroyo Grande c of the (public agency) , . on December 8, 1998 which is at least two weeks prior to the adoption of the l (date) , Resolution/Ordinance. : , , , f 11 a.~ i 1 Clerkl~ , , ,. t ! ! I ! City Clerk ; Title i t I I f I . Date December 10, 1998 i i I I I ____ _"'....9 ."".. ,___. .. "",..,.