HomeMy WebLinkAbout2003-10-09 - Resolution No. 03-12RESOLUTION NO. 03-12
RESOLUTION OF THE BOARD OF DIRECTORS
OF YORBA LINDA WATER DISTRICT
APPROVING AN AMENDMENT TO THE CONTRACT
WITH THE BOARD OF ADMINISTRATION
OF THE CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM
WHEREAS, the Public Employees' Retirement Law permits the participation of public
agencies and their employees in the PERS system by the execution of a contract,
and sets fourth 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 21574 (Fourth Level of 1959 Survivor Benefits) for local
miscellaneous members.
NOW, THEREFORE, BE IT RESOLVED that the Board of Directors of Yorba Linda Water
District does hereby give notice of intention to approve an amendment to the contract between
the District 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 9'h day of October, 2003 by the following called vote:
AYES:
Armstrong,
NOES:
None
ABSENT:
None
ABSTAIN:
None
ATTEST:
Beverage, Korn, Mills, Summerfield
/,-~rhn eld
esident the-ff and of Directors
Williah l~obertson
Secretary