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HomeMy WebLinkAboutResolution No. 3266140 RESOLUTION NO. 3266 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS DECLARING ITS INTENTION TO APPROVE AN AMENDMENT TO THE CONTRACT BETWEEN THE BOARD OF ADMINISTRATION OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE CITY COUNCIL OF THE CITY OF CYPRESS. 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 procedure 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 21380 -87 (1959 Survivor Benefits) including 21382.4 (Third Level of 1959 Survivor Benefits) for local miscellaneous members only. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Cypress does hereby give notice of intention to approve an amendment to the contract between the said governing body and the Board of Administration of the Public Employees' Retirement System, a copy of which is on file in the Office of the City Clerk and by this reference is incorporated herein as Exhibit "A ". PASSED AND ADOPTED by the City Council of the City of Cypress at a regular meeting held on the 13th day of July 1987. MAYO QF THE CITY OF CYPRESS ATTEST; _17r (ATI CLE THE CITY OF CYPRESS STATE OF CALIFORNIA COUNTY OF ORANGE SS k I, DARRELL ESSEX, City Clerk of the City of Cypress, DO HEREBY CERTIFY that the foregoing Resolution was duly adopted at a regular meeting of the said City Council held on the 13th day of July 1987; by the following roll call vote: AYES: 3 COUNCIL MEMBERS: Arnold, Coronado and Kanel NOES: 0 COUNCIL MEMBERS: None ABSENT: 2 COUNCIL MEMBERS: Davis and Mullen OF THE" CITY OF CYPRESS