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HomeMy WebLinkAbout0684ORDINANCE NO. 684(1976 Series) AN ORDINANCE.OF THE CITY OF SAN LUIS OBISPO AUTHORIZING AN AMENDMENT TO THE CONTRACT BETWEEN THE CITY AND THE BOARD OF ADMINIS- TRATION OF THE CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM. BE IT ORDAINED by the Council of the City of San Luis Obispo as follows: SECTION 1. That an amendment to the Contract between the City of San Luis Obispo and the Board of Administration, California Public Employees' Retirement System isi.).hereby authorized, a copy of said amendment being attached hereto, marked "Exhibit A ", and by such reference made a part hereto as though herein set out in full. SECTION 2. The Mayor of the City of San Luis Obispo is hereby authorized, empowered, and directed to execute said amend- ment for and on behalf of said Agency. SECTION 3. This Ordinance, together with the ayes and noes, shall be published once in full, at least three days before final passage, in the Telegram- Tribune, a newspaper published and cir- culated in the City of San Luis Obispo, and the same shall go into effect at the expiration of thirty (30) days after its final passage. INTRODUCED AND PASSED TO,PRINT by the Council of the City of San Luis Obispo at a Regular Meeting held on the 5th day of October , 1976, on the motion of Councilman Petterson , seconded by Councilman Graham and on the following roll call vote: Ordinance No. 684 2 (1976 Series) AYES: Councilmen Graham, Gurnee, Norris, Petterson and Mayor Schwartz NOES: None ABSENT: None ATTEST: C erk J.H. Fitzpatrick Approved as to form: WENDT, MITCHELL, SINSHEIMER, DE LA MOTTE. & L�LEY City Attorney By Allen Grimes Approved as to content: City Administrative 0 icer c - t EXHIBIT A AMENDMENT TO CONTRACT BETWEEN THE BOARD OF ADMINISTRATION PUBLIC EMTLOYEES' RETIREMENT SYSTEM AND THE CITY COUNCIL . OF THE CITY OF SAN LUIS OBISPO The Board-of Administration, Public Employees' Retirement System, hereinafter referred to as Board and the CITY COUNCIL of the CITY OF SAN LUIS OBISPO, herein- after referred to as Public Agency having entered into a contract under date of June 9, 1952, effective July 1, 1952, as amended effective July 1, 1952, October 11 1962, October 3, 1963, October 19 1974, and June 1, 1976, which provide for participation of Public Agency in said System, Board and Public Agency hereby agree as follows: A. The following subparagraph shall be added to Paragraph 6 of said contract: 6. (d) Section 20862.8 (providing service credit at retirement for unused sick leave) for local firemen. B. Paragraph 7 (b) shall be stricken from said contract and the following paragraph shall be substituted therefor: 7. Public Agency shall contribute to said Retirement System as follows: b. With respect to local safety members, the public agency shall contribute the following percentages of monthly salaries earned as local safety members of said System: (1) 1.102 percent until June 30, 1982 on account of the liability for prior service benefits. (2) 12.341 percent on account of the liability for current service benefits. C. This amendment shall be attached to said contract and shall become effec- tive on the day of Witness our hands this day of BOARD OF ADMINISTRATION CITY COUNCIL OF ,.� =,Y PUBLIC EMPLOYEES' RETIREMENT SYSTEM CITY OF SA14 LU g ? BY Carl J. Blechinger, Executive Officer Approved as to form: Clerk Ret. Form 702 FINALLY PASSED this 26th day of October 1976 , by the following roll call vote: AYES: Councilmen Gurnee, Graham, Petterson and Mayor Schwartz NOES: None ABSENT: Councilman Norris ATTEST: LCRK J.H. Fitzpatrick AMENDI�LENT TO CONTRACT B_J?W=N THE BOARD OF ADMINISTIAITION PUBLIC EMPLOYEES' RETIIMENT SYSTEM AND THE: CITY COUNCIL OF Tfl F, CITY OF SAN LUIS OBISPO The Board of Administration, Public Employees' Retirement System,.hereinafter referred to as Board and the CITY COUNCIL of the CITY OF SAN LUIS OBISPO, herein- after referred to as Public Agency having entered into a contract under date of.' June 9, 1952, effective July 1, 1952, as amended effective July 1, 1952, October 1, 1962, October. 3, 1963, October 1, 1974, and June 1, 1976, which provide for participation of Public Agency in said System, Board and Public Agency hereby agree as follows: A. The following subparagraph shall be added to Paragraph 6 of said contract: 6. (d) Section 20862.8 (providing service credit at retirement for unused sick leave) for local firemen. B. Paragraph 7 (b) shall be stricken from said contract and the following ,paragraph shall be substituted therefor: 7. Public Agency shall contribute to said Retirement System as follows: b. With respect to Local safety members, the public agency shall contribute the following percentages of monthly salaries earned as local safety members of said System: (1) 1,102 percent until June 30, 1982 on account of the liability for prior service benefits. (2) 12.341 percent on account of -the liability for,current service benefits. C. This amendment shall be attached to said contract and shall become effec- tive on the lst day of December, 1976 Witness our hands this 9th day of November, 1976 BOARD OF ADMINISTRATION CI "Y COUNCIL OF THE PUBLIC EMPLOYEES' RETIRERENT SYSTEM CI'�'Yf OF SAN LUIS OBISPO,­ -n BY Carl J. Blechinger, Executive Officer .Approved as to form: 0 iding Officer Kenneth F. Schwa z, Mayor o Attest: I, �L`lerk J.II. Fitzpatrick I Pet. Form 702 i c a AMENDI�LENT TO CONTRACT B_J?W=N THE BOARD OF ADMINISTIAITION PUBLIC EMPLOYEES' RETIIMENT SYSTEM AND THE: CITY COUNCIL OF Tfl F, CITY OF SAN LUIS OBISPO The Board of Administration, Public Employees' Retirement System,.hereinafter referred to as Board and the CITY COUNCIL of the CITY OF SAN LUIS OBISPO, herein- after referred to as Public Agency having entered into a contract under date of.' June 9, 1952, effective July 1, 1952, as amended effective July 1, 1952, October 1, 1962, October. 3, 1963, October 1, 1974, and June 1, 1976, which provide for participation of Public Agency in said System, Board and Public Agency hereby agree as follows: A. The following subparagraph shall be added to Paragraph 6 of said contract: 6. (d) Section 20862.8 (providing service credit at retirement for unused sick leave) for local firemen. B. Paragraph 7 (b) shall be stricken from said contract and the following ,paragraph shall be substituted therefor: 7. Public Agency shall contribute to said Retirement System as follows: b. With respect to Local safety members, the public agency shall contribute the following percentages of monthly salaries earned as local safety members of said System: (1) 1,102 percent until June 30, 1982 on account of the liability for prior service benefits. (2) 12.341 percent on account of -the liability for,current service benefits. C. This amendment shall be attached to said contract and shall become effec- tive on the lst day of December, 1976 Witness our hands this 9th day of November, 1976 BOARD OF ADMINISTRATION CI "Y COUNCIL OF THE PUBLIC EMPLOYEES' RETIRERENT SYSTEM CI'�'Yf OF SAN LUIS OBISPO,­ -n BY Carl J. Blechinger, Executive Officer .Approved as to form: 0 iding Officer Kenneth F. Schwa z, Mayor o Attest: I, �L`lerk J.II. Fitzpatrick I Pet. Form 702 i c Pi CERTIFICATION OF FINAL ACTION OF GOVERNING BODY DATE: TIovember 9 1976 Board 'of Adm i n i st rat ion Public Employees' Retirement System P,O,::Box 1953' . Sacramento, California 95809. I hereby certify: That the City Council of the City of San Luis Ob :Lsno adopted on October 26, 1976 by an affirmative vote of a majority of the members of said governing body, Ordinance _ No, 684 approving the attached contract between the governing body of said Agency and the Board of Administration of the Public Employees' Retirement System, a certified copy of said Ordinance in the form furnished by said Board of Administration being attached hereto. 0 PERS -ACT -5 ( 1/74) Clerk o 5 treta ry - J.H. Fitzpatrick, Citv of San Luis Obispo Name of Agency