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HomeMy WebLinkAboutResolution 2004-043 RESOLUTION NO. 2004-043 RESOLUTION OF INTENTION TO APPROVE AN AMENDMENT TO CONTRACT BETWEEN THE BOARD OF ADMINISTRATION CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE CITY COUNCIL CITY OF ATASCADERO 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 fohowing'is a statement of the proposed change: To provide Section 21362.2 (3% @ 50 Full formula) for 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 "ExhibiZanthis reference made a part hereof. By -r--� Presidin Officer Mayor Title May 11 , 2004 Date adopted and approved (Amendment) CON-302(Rev.4/96)