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HomeMy WebLinkAboutReso 1986-12747 RESOLUTION NO. 12747 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AUTHORIZING AN AMENDMENT TO CORRECT AN ERROR IN THE CONTRACT OF SEPTE~ER 28, 1984 BETWEEN THE CITY OF CHULA VISTA AND THE BOARD OF ADMINISTRATION PUBLIC EMELOfEES ' RETIREMENT SYSTEM The City Council of the City of Chula Vista does hereby resolve as follows: ~EREAS, the City Council of the City of Chula Vista hereinafter referred to as Public Agency, and the Board of Administration of the Public Employees' Retirement System entered into a contract effective October 1, 1948 providing for the participation of Public Agency in the Public Employees' Retirement System; and WHEREAS, Section 20461 of the Government Code provides that errors in a contract ]nay be corrected through contract error amendments execute~ by the adoption of suitable resolutions by the contracting parties; and WHEREAS, said contract was amended effective September~28, 1984, but, due to an inadvertent omission Government Code Section 20500 was not reflected in the contract as had been intended by Public Agency; NOW, THEREFORE, BE IT RESOLVED that said governing body of Public Agency authorizes, and it does hereby authorize, a contract error amendment to said contract effective September 28, 1984 as follows: A. The paragraph 8.f shall be ~dded to said contract and paragraph 10.b.(1) shall be changed in said contract as follows: 8.f. Section 20500 (Cost Sharing). Public Agency and its employees have agreed to share the cost of the following benefit applicable to Section 21252.01. From and after September 28, 1984 the local safety employees of Public Agency shall be assessed an additional 0.341% of their compensation - for a total contribution rate of 9.341% pursuant to Government Code Section 20500. 10.b.(1) 25.714 percent until June 30, 2011 on account of the liability for current service benefits. (Subject to annual change.) BE IT FURTHER RESOLVED, that the presiding officer of the governing body of Public Agency be and is hereby authorized, empowered, and directed to execute said amendment for and on behalf of Public Agency. Adopted this 23rd September day of , 19 86 BOARD OF ADMINISTRATION CITY COUNCIL PUBLIC EMPLOYEES' RETIREMENT SYSTEM OF THE CITY OF CHULA VISTA Approved as to form: Attest: ~' ~~ ///~f~ Legal Of fi-ce, ~ Date C0311 ADOPTED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF CHULA VISTA, CALIFORNIA, this 23z:c] day of Septembe]: 19 , ~6 , by the following vote, to-wit: AYES: Counci]members Malcolm, McCanc11±ss, Campbell, Moo~:e NAYES: Councilmembers None ABSTAIN: Councilmembers None ABSENT: Councilmembers cox ' of the City 0F"~;hula Vista STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) ss. CITY OF CHULA VISTA ) I, JENNIE M. FULASZ, CMC, CITY CLERK of the City of Chula Vista, California, DO HEREBY CERTIFY that the above and foregoing is o full, true and correct copy of RESOLUT~'0N NO. ,and that the same has not been amended or repealed DATED City Clerk CITY OF CHULA VISTA CC-660