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HomeMy WebLinkAbout1997-04-22; City Council; Resolution 97-4600 W Exhibit 1 RESOLUTION OF INTENTION NO. 9 7 - 4 6 0 TO APPROVE AN AMENDMENT TO CONTRACT BETWEEN THE BOARD OF ADMINISTRATION OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE CITY COUNCIL OF THE CITY OF CARLSBAD WHEREAS, the Public Employees' Retirement Law permits the participation of public agencies and their employees in the Public Employees' Retirement System by the execution of a contract, and sets forth the procedure by which said public agencies may elect to subject themselves and their employees to amendments to said Law; and WHEREAS, one of the steps in the procedures to amend this contract is the adoption by the governing 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 contract; and WHEREAS, the following is a statement of the proposed change: To provide Section 21382.5 (Fourth Level of 1959 Survivor Benefits) for local fire members only. NOW, THEREFORE, BE IT RESOLVED that the governing body of the above agency does hereby give notice of intention to approve an amendment to the contract between said public agency and the Board of Retirement System, a copy of said ame "Exhibit" and by this reference made a MAYOR Title April 22, 1997 Date adopted and approved (Amendment) CON-302 (Rev. 4/96)