HomeMy WebLinkAbout2010-07-27; City Council; 20323; AMENDMENT CALPERS SAFETY MEMBERS CONTRACTCITY OF CARLSBAD - AGENDA BILL 11
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MTG.
DEPT.
20,323
7-27-10
CLERK AMENDMENT OF CONTRACT WITH CALPERS
FOR SAFETY MEMBERS
DEPT. HEAD W
CITYATTY. <^~
CITY MGR.
RECOMMENDED ACTION:
Adopt Ordinance No. CS-093. authorizing an amendment to the Contract with the California
Public Employees Retirement System (CALPERS) to provide a 2nd tier retirement plan that
includes a 2% at Age 50 Retirement Benefit (Section 21362) and Three Year Final
Compensation Benefit (Section 20037) for employees entering membership for the first time in
a City of Carlsbad safety classification effective October 4, 2010.
ITEM EXPLANATION:
Ordinance No. CS-093 was introduced and first read at the City Council meeting held on June
29, 2010, at which time the Resolution of Intention was adopted. CALPERS regulations
stipulate that the final ordinance cannot be adopted earlier than 20 days after the adoption of
the Resolution of Intention. Once the required time period has passed, the second reading of
the ordinance allows the City Council to adopt the ordinance which will become effective thirty
days after adoption. The City Clerk will have the ordinance published within fifteen days after
adoption.
FISCAL IMPACT:
See AB #20,293 on file in the Office of the City Clerk.
ENVIRONMENTAL IMPACT:
Pursuant to Public Resources Code section 21065 and CEQA Guidelines section 15738, this
action does not constitute a "project" within the meaning of CEQA and therefore, does not
require additional environmental review.
EXHIBITS:
1. Ordinance No. CS-093.
DEPARTMENT CONTACT: Karen Kundtz 760-434-2808 Karen.Kundtz@carlsbadca.gov
FOR C/7Y CLERKS USE ONLY.
COUNCIL ACTION: APPROVED
DENIED
CONTINUED
WITHDRAWN
AMENDED
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CONTINUED TO DATE SPECIFIC
CONTINUED TO DATE UNKNOWN
RETURNED TO STAFF
OTHER - SEE MINUTES
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1 ORDINANCE NO. CS-093
2 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
CARLSBAD, CALIFORNIA, AUTHORIZING AN AMENDMENT TO THE
3 CONTRACT BETWEEN THE CITY COUNCIL AND THE BOARD OF
4 ADMINISTRATION OF THE CALIFORNIA PUBLIC EMPLOYEES'
RETIREMENT SYSTEM
5
WHEREAS, the City Council authorized the City to initiate an amendment of the
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City's contract with CalPERS to provide a 2nd tier retirement plan that includes the 2% at
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50 retirement benefit (Section 21362) and Three Year Final Compensation benefit8
Q (Section 20037) for employees entering membership for the first time in a City of
10 Carlsbad safety classification effective October 4, 2010.
11 NOW, THEREFORE, the City Council of the City of Carlsbad ordains as follows:
12 That an amendment to the contract between the City Council of the City of
13 Carlsbad and the Board of Administration of the California Public Employees'
14 Retirement System is hereby authorized, a copy of said amendment marked "Exhibit" to
Resolution No. 2010-171
16
The Mayor of the City of Carlsbad is hereby authorized, empowered, and
17
directed to execute said amendment for and on behalf of said Agency.
18
This ordinance shall be effective thirty days after the date of its adoption; and the
2Q City Clerk shall certify the adoption of this ordinance and cause it to be published at
21 least once in a newspaper of general circulation in the City of Carlsbad within fifteen
22 days after its adoption.
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INTRODUCED AND FIRST READ at a regular meeting of the Carlsbad City
Council on the day 29tb of JUNE 2010, and thereafter
PASSED, APPROVED AND ADOPTED at a Regular Meeting of the City Council
of the City of Carlsbad on the 27th day of July ,
2010, by the following vote:
AYES: Council Members Lewis, Kulchin, Hall and Packard.
NOES: Council Member Blackburn.
ABSENT: None.
APPROVED AS TO FORM AND LEGALITY:
R. BALL", City Attorney
ATTEST:
kO
/S
RRAUJE M
(SEAL)
City Clerk 0