HomeMy WebLinkAboutAgenda Statement 1979/05/15 Item 11CITY OF CHULA VISTA ,
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COUNCIL AGENDA STATEMENT
For meeting of 5/15/79
ITEM T]
TLE Resolution 9S 9 ~ Approving Special Appropriation of General Funds for
Retirement Purposes
SUBMITtED BY irector of Finance
ITEM
PLANATION (4/5TH'S'VOTE REQUIRED YES. X NO )
reement
~XNIBITS -
Resolution~ ',Ordinance_
ther ENVIRONMENTAIL DOCUMENT:
Plat Notification List
Attached Submitted on
FINAN IAL IMPACT
Appropriate $3,352.03 f1^om the General Fund Reserve to account
100-0105-5141. This amount covers prior year costs of $3,243.61
and $108.42 to meet current year costs to June 30, 1979.
STAFF RECOMMENDATION
Approval.
BOAR /COMMISSION RECOMMENDATION
COUNgIL ACTION
Recently, Councilman Egd~hl elected to become covered under the
Public Employees Retirement System. He gave the City his personal
check in the amount of $8,006.08 representing payment in full for
his share of costs for the period April 16, 1970 through March 22,
1979.
It is now necessary for ±the City to pay the employer's share. This
amounts to $3,243.61 and', is based on the employer's contribution
rate of 9.650% times his', total compensation of $33,612.58 earned
during the period April X76, 1970 through March 22, 1979. Employee
deductions will automatically be made on all future earnings.
N/A
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Form No. F-229
12/73
CERTIFICATE OF (CITY/DIRECTOR OF FINANCE
Certification off Unappropriated Ba
I HEREBY CERTIFYithat the money required for the
appropriation of funds fort the purpose set forth in the attached
resolution is available in~,~the Treasury, or is anticipated to
come into the Treasury, anjd is otherwise unappropriated.
Amount $ 3,352.03 Fund General
purpose Retirement benefi~s for Councilman Egdahl
Bidder N/A
00 0105 51
41
Date 5/10/79 By
Director of Finance
The City of Chula Vista
Certification bf Unencumbered Balance
I HEREBY CERTIFY~',that the indebtedness and obligation
to be incurred by the contact or agreement authorized by the
attached resolution can be'incurred without the violation of any
of the provisions of the Garter of the City of Chula Vista, or
the Constitution or the lades of the State of California, that
sufficient monies have beef appropriated for the purpose of said
contract, that sufficient Anonies to meet the obligations of the
contract are actually in tie Treasury, or are anticipated to come
into the Treasury to the credit of the appropriation from which
the same are to be drawn, ~nd that said monies now actually in
the Treasury, together with the monies anticipated to come into
the Treasury, to the credit of said appropriation are otherwise
unencumbered.
Amount Not to Exceed $
Director of Finance
The City of Chula Vista
Date
By
Fund ' Dept./Activity
Purpose
Bidder
I
Certificate No. 82