HomeMy WebLinkAbout1975-10-09 - Resolution No. 75-15r
RESOLUTION 75-15
RESOLUTION OF INTENTION
TO APPROVE CONTRACT PROVIDING FOR
PARTICIPATION IN
PUBLIC EMPLOYEES' RETIREMENT SYSTEM
WHEREAS; the Public Employees' Retirement Law permits the participation
of public agencies in the Public Employees' Retirement System, making
their employees members of said System, and sets forth the procedure
by which participation may be accomplished; and
WHEREAS, one of the steps required in the procedure is the adoption
by the Governing Body of the Public Agency of a resolution giving
notice of intention to approve a contract for such participation
between said governing body and the Retirement System Board of
Administration, which resolution shall contain a summary of the major
provisions of the proposed retirement plan; and
WHEREAS, attached is a summary of the major provisions of the pro-
posed plan;
NOW, THEREFORE, BE IT RESOLVED, that the BOARD OF DIRECTORS OF the
YORBA LINDA COUNTY WATER DISTRICT gives, and it does hereby give
notice of intention to approve a contract between said BOARD OF
DIRECTORS and the Board of Administration of the Public Employees'
Retirement System, providing for participation of said YORBA LINDA
COUNTY WATER DISTRICT in said Retirement System, a copy of said
contract and a copy of the summary of the major provisions of the
proposed plan being attached hereto, marked Exhibits "A" and "B"
respectively, and by this reference made a part hereof.
BOARD OF DIRECTORS OF THE
YORBA LINDA COUNTY WATER DISTRICT
by
Title
October 9, 1975
Date adopted and approved