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HomeMy WebLinkAboutResolution - 876 RESOLUTION 110, 876 1 i A RESOLUTION OF INTENTION BY THE CITY COUNCIL OF THE CITY OF SAN JACINTO TO APPROVE CONTRACT PROVIDING FOR 2 PARTICIPATION IN PUBLIC EMPLOYEES' RETIREMENT SYSTEM 3 WHEREAS the Public Employees ' Retirement Law permits the participation of ; public aoencies in the Public Employees ' Retirement System, makina their employees ) 4 iriembers of said system, and sets forth the procedure by which participation may ibe accomplished; -and 5 1 1 I WHEREAS one of the steps required in the procedure is the adoption by the 6 �� Governinq ;Body of the Public Agency of a resolution giving notice of intention to lapprove a contract for such participation between said Governing Body and the 7 lRetirement System Board of Administration, which resolution shall contain a sum- Imary of the major provisions of the proposed retirement plan -, and 9 WHEREAS attached is a summary of the major grovisions of the or000sed plan; NOWT THEREFORE, BE IT RESOLVED that the City Council of the City of San ZO I 'Jacinto gives, and it does hereby give notice of intention to anprove a contract �between said City Council and the Board of Administration of the Public Employees ' 1'1 ' Retirement System, vrovidinq for participation of said City of San Jacinto in said Retirement. System, a copy of said contract and a copy of the sumirary of the major 12 provisions of the proposed plan being attached hereto, €larked Exhibits "A" , "B" and `C" respectively', and by this reference made a part hereof. 14 MOVED, PASSED AND ADOPTED this Sth day of September 1970. 15 16 Mayor the City of San Jacinto' 17 ATTEST. 18 LUCY MAY ALLEN, CITY CLERK 12(D D ep[A ty 21 22 CERTIFICATE 23 The foregoing is certified to be a true cor)y of a Resolution duly ada pted 4lb�y the said City Council of the City of San Jacinto on the date therein set forth. 2 25 LUCY MAY ALLEN, CITY CLERK 26 27 6ecdtv 2 9 30 31 I 32