HomeMy WebLinkAbout2007-03-22 - Resolution No. 07-02RESOLUTION NO. 07-02
RESOLUTION OF INTENTION
TO APPROVE AN AMENDMENT TO CONTRACT
BETWEEN THE
BOARD OF ADMINISTRATION
CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM
AND THE
BOARD OF DIRECTORS
YORBA LINDA WATER DISTRICT
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 20042 (One-year Final Compensation) for local
miscellaneous 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 this 22nd day of March 2007 by the following called vote:
AYES:
NOES:
ABSENT:
ABSTAIN
Armstrong, Beverage, Mlls, Summerfield, Collett
M'Bael A. Payne, Se ry
Yorba Linda Water Dist
Ric Collett, President
Yorba Linda Water District