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HomeMy WebLinkAboutStaff Report 9574 CITY OF PALO ALTO OFFICE OF THE CITY CLERK September 10, 2018 The Honorable City Council Palo Alto, California SECOND READING: Adoption of an Ordinance to Amend the Contract Between the Board of Administration of the California Public Employees’ Retirement System (CalPERS) and the City of Palo Alto to Implement the Share of Employer Contribution in Accordance With Section 20516 of the California Government Code (FIRST READING August 20, 2018 PASSED: 9-0) This was first heard by the City Council on August 20, 2018. Below is the motion and vote for the item. It is now before you for a second reading. MOTION: Mayor Kniss moved, seconded by Council Member Wolbach to: A. Adopt a Resolution of Intention of the Council of the City of Palo Alto stating its intent to amend the contract between the California Public Employees’ Retirement System (CalPERS) and the City of Palo Alto in order to implement the pension cost share provision in accordance with California Government Code section 20516 and the Compensation Plan between the City of Palo Alto and the Management and Professional Personnel (MGMT) employee group; and B. Adopt, on first reading, an Ordinance amending the City’s contract with CalPERS. This Ordinance will return to the Council on second reading in accordance with state law. MOTION PASSED: 9-0 ATTACHMENTS: • Attachment A: CALPERS Ord (PDF) Department Head: Beth Minor, City Clerk Page 2 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