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HomeMy WebLinkAboutRESO 5910Deputy ORIGINAL RESOLUTION NO,. 5910 RESOLUTION OF THE COUNCIL OF THE CITY OF PALO ALTO OF INTENTION TO APPROVE AN AMENDMENT TO CONTRACT BETWEEN THE BOARD OF ADMINISTRATION OF THE PUBLIC EMPLOYEES• RETIREMENT SYSTEM AND THE CITY OF PALO ALTO WHEREAS, the Public Employees' Retirement Law permits the par- ticipation of public agencies and their employees in the Public Em- ployees' Retirement System by the exec1Jtion of a contract, and sets forth the procedure by which said public agencies may elect to sub- ject themselves and their employees to amendments to said Lawi and WHEREAS, one of the steps in the procedure to amend this con- tract 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 change proposed in said contracti and WHEREAS, the following is a statement of the proposed change: To provide section 20024.2 (One-Year Highest Compensation), for local fi~e members only. NOW, THEREFORE, the Council of th~ City of Palo Alto does RESOLVE as follows: SECTION 1. The City Council of the City of Palo Alto hereby gives not1.ce of its intention to approve an amendment to the contract between the City of Palo Alto and the Board of Administration of the Public Employees' Retirement System. SECTION 2. The proposeu amendment to the contract is set forth in Exhibit 'A"'" attached hereto and by this reference made a part hereof. SECTION 3. The Council finds that this is not a project under the California Environmental Quality Act and, thereore, no environ- mental impact assessment is necessary. INTRODUCED AND PASSED: May 18, 1981 AYES: Bechtel, Eyerly, Fazzino, Fletcher, Henderson, Klein, Levy, Renzel, Witherspoon NOES: None ABSTENTIONS: None ABSENT: None ATT~BS. T: ""--r- .,. ·~6 ...--: ,_A __- city Clerk v APPROVED AS TO FORM: J!-tf/#al/r(IJ'fltorney