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HomeMy WebLinkAbout1002 ORDINANCE NO. 1002 AN ORDINAi1CE OF THE r.T'I'V r.01WGTT. (Name of Governing Body) CITY OF ARCADIA, CALIFORNIA, (Name of Public Ageucy) AMENDMENT TO TH;1; CONTi1ACT BETI'1EEN THE CITY COUNCIL OF THE CITY OF ARCADIA (Gove::'ning Body) of the authorizing an AND THE BOARD OF ADMINISTRA~~:ON OF THE CALIFORNIA STATE EMPLOYEES I RE'i':::REMENT SYSTill\1. / The CITY COUNCIL (Name of Governing Body) does ordain as follows: of the CITY OF ARCADIA, CALIFORNIA, (Name of Public Agency) SECTION 1. That ao amendment to the Contract between the City (Name of and the Board of J Council of the City of Arcadia Governing Body) (Name of Public Agency) A:::m:tnistration, California State Employees I Retirement System is hereby au- thorized, a copy of said amendment being attached bereto., marked "Exhibit A," end by such reference made a part bereof as though herein set out in full. SEm'ION 2. The Mayor (Title of Presiding Officer) is hereby authorized, empouered, and of' the City Council (Name of Governi03 Body) directed to execute said ~endment for and on behalf of ,said Agency. ~ SECTION 3. This Ordine.!lCe shall take effect 30 dlliYS after the date of itS-adoption, and prior to the expiration of ~dlliYs from the passage thereof shall be published e;~ lep.st once in the Arcadia Tribune ( Name of a newspaper of general circulation, published an~ circu- and Arcadia News, Newspap"lr ) lated 1;1 the City end tbereafter the of Arcadia, (N3me of ~lblic Agency) same shall be in full force end thenceforth aod effect. Adopted and approved this f -, I 19th dlliY of November 19U-. .. (SEAL) I' Attest: Mayor ~~~~ Ci ty Cle.rk of the y 0 rca ia (Amendment) Ret. Form 128 (Rev. 3/57) 200 .. ~ CERTIFICATION OF FINAL ACTION BY THE GOVERNING BODY OF THE CITY OF ARCADIA, CALIFORNIA (hereinafter referred to as "Agency") 'J1~'20d9~-7 ( Date ) , Board. of Administration state Employees I Retirement System Sacramento 14, California Gentlemen: I hereby certify thE.t the City of se.1d Agency adopted on ~ affirmative vote of two-thirds of the Council (Name of Governing BOdy) /1 ' 19 ~, by the members of said go:>ierning body, . Ordinance No. 1002 approving the at. (Resolution or Ordinance) tached amendment to thp contract between the governing body of said Agency and the Board 0: Administration of the State Employees' Retirement System, a certified copy of said Ordinance No. 1002 in the (Resolution or Ordinance) form furnished by said Board of Administration, being attached hereto. Yours truly, p~{l~~~ 'r (Amendment) Ret. Form 130 (Rev. 3/57) 300 .~,,. ~.. ;. .~. . .,. AlmKDIIDT TO C(lf'llACT II'I.'WID 'lHI BlWUl or AmlDUS'llATION STAft DPLOYIIS' RlTTUIlIIIl..-r SYSTI)( AND THE CITY COUNCIL (g 'lHI CITY or ARCADIA The Board of Administration, State Employees' Retirement System, and the CITY COUNCIL, of the CITY or ARCADIA, hereinafter referred to as Public Agency, having entered into a contract under date of September 24, 1945, effective October 1, 1945, which provides for the participation of said Public Agency in said Retirement System, excluding miscellaneous employees, and CITY COUNCIL and said BOARD or ADHINIS'llATION hereby agree as follows: 1. The following paragraph shall be added to said Contract: L~ 14. The provision. of Section 20024.01 of the State Employees' Retirement Law, which provide that "final compensation" shall mean the highest average annual compensation earnable by a member during any period of three consecutive years during his membership in the Syetem, SHALL APPLY to employees of Public Agency who become members of said Retirement System. 2. The cost of such application, not lending itself to ready determination in advance, shall be determined by the Board of Administration at the proper time and in the same manner as other contributions thereafter required of Agency under said Contract, and any adjustment determined by the Board as necessary shall be included in the contributions thereafter required of Agency under said Contract. 3. This amendment shall be attached to said Contract and shall be effective as of January 1, 1958. Witness our hand this day of BOARD or ADHINIS'llATIOI STATE BHPLOYBIlS I RBTIRENKNT SYSTEK President Attest: Attest: ~?JtJMl~ Clerk Bxecutive Officer Approved by the Board of Administration, State Bmployees' Retirement System, at the meeting held