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HomeMy WebLinkAboutORD 2840·-• • ORIGINAL ORDINANCE NO. 2840 ORDINANCE OF THE COUNCIL OF THE CITY OF PALO ALTO AUTHORIZING AN AMENDMENT TO THE CONTRACT BETWEEN THE CITY COUNCIL AND THE BOARD OF ADMINISTRATION OF THE CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM The Council of the City of Palo Alto does .ORDAIN as fol­ lows: SECTION 1. That an amendment to the contract between-the City Council of the City of Palo Alto and the Board .of Adminis­ tration of the California Public Employees• Retirement System is hereby authorized, a copy of said amendment being attached hereto, marked EXHIBIT "A" and by such reference made a part hereof as though herein set out in full. SECTION 2. The Mayor, as presiding officer of the City Council ""ls hereby authorized, empowered, and directed to execute said amendment for and on behalf of the City of Palo Alto. SECTION 3. This ordinance.shall .become .effective upon the commencement of the thirty-first day after the day of its passage. INTRODUCED: January 27, 1975 PASSED: February 10, 1975 AYES: 9 Clay, Henderson, Pearson, Rosenbaum, Beahrs, Berwald, Comstock, Norton, Sher NOES: None ABSENT: None APPROVED: ~ .-;-2 'D~ -~ ~M~<'~~~-V ayor APPROVED TO FORM: ~ <1 A ~q-11_------- Ci ty Attlley ~OVED: . c~~getA~/= APPROVED: • l ,,.,., .. ~..r'"' mo C'"l'1"" \C'Il P'~.,,.,.r,...t;•lJ Tl,l -JJ.\J.J~·L~ ••-). v~ .A-1 -.... ~ t. u ..... ,, &...1:1 l.:C.\RD OP AFU!1J;~·.:·;::'.'~lO:I l'i.lfiLlC £.:',iPLCJYlT3' liJo,?IHJ_;:]•;:;'.r SYSTE:·1 A~lD ~·~~ CITY ccmrcn, 0~? 'l'if3 CI~'Y OP l'.ALO J~IRO The Bo~u·j of Adr::jni;:tr.2t:ion, I't~blic D~:;>l(l,y~:es 1 Retirc:wnt ; . ·:ten, hcreinE>ftcr referred to t~a JJca.r.d. ~~nu -,aw CI'.U CC:.ir!~I .... ot tT-l'.; CITY 0::.:' ~P;LGO .A..:01C~ hcrcin~tt:r referred to HU :t'ublic f,~;ency havJ~:.:; (;ntared i.n t:o a coratrac"; unucr Nlt(! of March 9, 1942, effeci;jy.:; JP..n1J::\ry 1: lfJ42, [~f: IY:-:endcd ct.~fcctive ,J~mnary l; 19:iS, April 1, 1949 7 Jr:.ll'l.ttn·y 1 1 19:>2, ·~'tll_; 1, 19:.;,~, J.\:brn:·;:·y 1, 1956, Uovcr:1bcr l, 1964, Septeober 23, J.968, lJ(;.Cc;r.b<;.r 14 t l9'l0t J:'ebru~ry 1, l':J7•~, Ju.ly 8, 1974, and Janu;Jry 5, 1975, and aa proYiced by Cbnp-t;er:::: 170 und 316, Sttd;Lttcs of 1971, v;rhich pro,;idc for participation of l'Ublic Agency in suic\ Syste~J, lioo.rd end Public Agency hereby agree aa tollowsJ A. The following ~~bparagrarh Eilia~l be udded to Pa~agraph 6 of said contra~tt 6 ~ ) Secti(ln 21222.2 (providing for incre~sos in allowances to which the mmval coat-of-living l)rovisiona nppl)rt payable for time com."ll.encin;J on the fil•o·t day of the calendc:r month coinciding with or next following tho effective date of this amendment to or on account of persons retired or member~ deceasad on or £~ter January 1, 1971 l'o1.tt prior to JuJ.y l, 1971., 7 (a) With respect to rnioccllanec•us me:ubera, the public agency shall contribute the following pcrcent3ges of monthly salaries earned e..a miscellaneous me.mhcrs o!' said. Sys·tem; (5) A lump b'U.Ill of $2,994.00 payable wi~cbj.n 30 dayo of th~ etfecttve du'to of this nmendment on account of the provisions of Section 21222.~ of the Government Code. c. Subparagraph (5) aha.ll be added to Par.~graph 7 (b) of aaid contract: D. 7 (b) With rc~spect to local safety mc..mbers, the public agency shall contribute the following percentages of monthly salaries earned aa local ::;e<.foty members ot' saj_d Syr::tem: (5) A lump sum of S•l,6B4.00 payable vrithin 30 da.yB o:f tho effec­ tive date ~f this wxumdr.!cnt on account of the .Privi.t ~ons of Section 21222 .. 2 o:f the Hoverr.:sent Cotlc .. This tlttendmcut cha..Ll be n.tt;ached to uo.id contract and shall be effective on tho d{'_y of ---.--_.. ---·-----0 \'a tness our h:mds th:is -----------d~.y ot· ------------·---· DOARD OF .hJI.UHISTRA'i'IOll l'UDLIC E;.\IILOY.BES 1 RETJ.'B:E:·!ill·iT SYSTE~.i DY ·------·---~~--.------\'i'Jllia.m 1~. l'uyn.;}, E.:7ccutive Ol'.t'ict:r R L't. Porrn '/02 Attest: CITY COUUCIL OF TUE CITY OJ? PALO AUtO - lW ~-----------------------rrcsidiug O.f.ficcr