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HomeMy WebLinkAboutStaff Report 9146 City of Palo Alto (ID # 9146) City Council Staff Report Report Type: Action Items Meeting Date: 4/30/2018 City of Palo Alto Page 1 Summary Title: 2nd Reading: CalPERS Contract Title: SECOND READING: Adoption of an Ordinance Authorizing an Amendment to the Contract between the City of Palo Alto and the Board of Administration of the California Public Employees’ Retirement System to add Cost-sharing Pursuant to Government Code Section 20516 (FIRST READING: April 2, 2018 PASSED: 8-0 DuBois absent) (CLK) From: City Manager Lead Department: Human Resources This was first heard by the City Council on April 2, 2018 and was passed unanimously with Council Member DuBois absent. There were no changes made by Council and due to CalPERS regulations both the first and second reading of this ordinance have to be an Action item on the agenda. Attachments:  ORdinance PERS Not Yet Approved 1 AY/HR/2017-07-26 Ord Amending CalPERS Contract Ordinance No. Ordinance of the Council of the City of Palo Alto Authorizing an Amendment to the Contract between the City of Palo Alto and the Board of Administration of the California Public Employees’ Retirement System to Add Cost-Sharing Pursuant to Government Code Section 20516 The Council of the City of Palo Alto ORDAINS as follows: SECTION 1. That an amendment to the contract between the City of Palo Alto and the Board of Administration, California Employees’ System is hereby authorized, a copy of said amendment hereto, marked Exhibit A, and such reference made a part hereof as though herein set out in full. SECTION 2. The City Manager, or his designee is authorized, empowered, and directed to execute said amendment for and on behalf of the City of Palo Alto. adoption. SECTION 3. This ordinance shall be effective on the thirty-first day after the date of its INTRODUCED: PASSED: AYES: NOES: ABSENT: ABSTENTIONS: ATTEST: City Clerk Mayor APPROVED AS TO FORM: APPROVED: City Attorney City Manager Director of Human Resources Director of Administrative Service Not Yet Approved 2 AY/HR/2017-07-26 Ord Amending CalPERS Contract