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HomeMy WebLinkAboutResolution 01-80 RESOLUTION NO. 1-80 RESOLUTION OF INTENTION TO APPROVE A CONTRACT BETWEEN THE BOARD OF ADMINISTRATION OF THE PUBLIC EMPLOYEES ' RETIREMENT SYSTEM AND THE CITY COUNCIL OF THE CITY OF ATASCADERO WHEREAS, the Public Employees Retirement Law permits the par- ticipation of public agencies in the Public Employees' Retirement System, making their employees members of said System, and sets forth the procedure by which participation may be accomplished; and WHEREAS, one of the steps required in the procedure is the adoption by the Governing Body of the Public Agency of a resolution giving notice of intention to approve a contract for such partici- pation between said Governing Body and the Retirement System Board of Administration, which resolution shall contain a summary of the major provisions of the proposed retirement plan; and ' WHEREAS, attached is a summaryof the major provisions of the J proposed plan NOW, THEREFORE, BE IT RESOLVED, that the Governing Body of the above agency gives, and it does hereby give notice of inten- tion to approve a contract between said Governing Body and the Board of Administration of the Public Employees ' Retirement System, providing for participation of said agency in said Retirement System, a copy of said contract and a copy of the summary of the I major provisions of the proposed plan being attached hereto, as an "Exhibit" , and by this reference made a part hereof. On motion by Councilman Highland and seconded by Councilman Nelson , the foregoing resolution is hereby adopted in its entirety on the following roll call vote: AYES: Councilmen Highland, Mackey, Nelson, Stover and Mayor Wilkins NOES: None ABSENT: None 1 ADOPTED: January 14, 1980 R BE T J. WI NS, Mayor, ' ATTEST: UR Y L WARDEN, City Clerk