HomeMy WebLinkAboutTC Res 2004-03-03 (4)
RESOLUTION NO. 06-2004
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A RESOLUTION OF INTENTION TO APPROVE AN
AMENDMENT TO CONTRACT BElWEEN THE
BOARD OF ADMINISTRATION OF THE CALIFORNIA
PUBLIC EMPLOYEES' RETIREMENT SYSTEM
AND THE TOWN COUNCIL OF THE TOWN OF TIBURON
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 contact, which resolution
shall contain a summary of the change proposed in said contract; and
WHEREAS, the following is a statement of the proposed change:
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To provide Section 21363.1 (3% @ 55 Full formula)
For Local Safety Members
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 Administration of the
Public Employees' Retirement System, a copy of said amendment being
attached hereto, as an "Exhibit" and by this reference made a part hereof.
PASSED AND ADOPTED at a regular meeting of the Town Council of the
Town of Tiburon on March 3, 2004, by the following vote:
NOES:
COUNCILMEMBERS:
COUNCILMEMBERS:
Berger, Fredericks, Slavitz, Smith
AYES:
None
ABSENT: COUNCILMEMBERS:
~l:u>,:~~
ALICE FREDERICKS, MAYOR
TOWN OF TIBURON
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ATTEST.:; .~. /'/:, ,
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Diane erane lacopi,'1"bwn Clerk