HomeMy WebLinkAboutReso 1998-18955 RESOLUTION NO. 18955
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA
VISTA APPROVING AGREEMENT TO POOL 1959 SURVIVOR
BENEFITS ASSETS AND LIABILITIES BETWEEN THE BOARD OF
ADMINISTRATION OF THE PUBLIC EMPLOYEES' RETIREMENT
SYSTEM AND THE CITY COUNCIL OF THE CITY OF CHULA
VISTA
WHEREAS, Government Code Section 21574 provides for a single employer rate to
be established to provide benefits under said Section on account of members employed by
contracting agencies electing to include the provision of said Section in their contracts; and
WHEREAS, Government Code Section 21574 requires pooling of all assets and
liabilities of all contracting agencies subject to said Section.
NOW, THEREFORE, BE IT RESOLVED the City Council of the City of Chula Vista does
hereby approve an Agreement to Pool 1959 Survivor Benefits Assets and Liabilities between
the Board of Administration of the Public Retirement System and the City Council of the City
of Chula Vista, a copy of which shall be kept on file in the office of the C~ty Clerk as
Document No. CO98-059.
BE IT FURTHER RESOLVED that the Mayor of the City of Chula Vista is hereby
authorized and directed to execute said Agreement for and on behalf of the C~ty of Chula
Vista.
Presented by Approved as to form by
h D ' /,~/'j , ohn ~ Kaheny
City Manager tto ey
Resolution 18955
Page 2
PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista,
California, this 7th day of April, 1998, by the following vote:
AYES: Councilmembers: Moot, Padilia, Salas and Horton
NAYES: Councilmembers: None
ABSENT: Councilmembers: Rindone
ABSTAIN: Councilmembers: None
ShirleY, Horto~)~/Mayor
ATTEST:
Beverly ;.~Authelet, City Clerk
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO )
CITY OF CHULA VISTA )
I, Beverly A. Authelet, City Clerk of the City of Chula Vista, California, do hereby certify that
the foregoing Resolution No. 18955 was duly passed, approved, and adopted by the City
Council at a regular meeting of the Chula Vista City Council held on the 7th day of April,
1998.
Executed this 7th day of April, 1998.
Beverly A.~J~uthelet, City Clerk