HomeMy WebLinkAboutOrdinance 1105 • •
ORDINANCE NO. 1105
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF CUPERTINO
AUTHORIZING AN AMENDMENT TO THE CONTRACT BETWEEN THE CITY
COUNCIL AND THE BOARD OF ADMINISTRATION OF THE CALIFORNIA
PUBLIC EMPLOYEES' RETIREMENT SYSTEM
THE CITY COUNCIL OF THE CITY OF CUPERTINO DOES ORDAIN AS FOLLOWS:
Section 1. Than an amendment to the Contract between the City Council
of the City of Cupertino and the Board of Administration, California Public
Employees' Retirement System is hereby authorized, a copy of said amendment
being attached hereto, marked "Exhibit A", and by such reference made a part
hereof as though herein set out in full.
Section 2. The Mayor of the City Council is hereby authorized, empowered,
and directed to execute said amendment for and on behalf of this agency.
Section 3. This Ordinance shall take effect 30 days after the date of
its adoption, and prior to the expiration of 15 days from the passage thereof
shall be published at least once in the Cupertino Courier, a newspaper of general
circulation, published and circulated in the City of Cupertino and thenceforth
and thereafter the same shall be in full force and effect.
INTRODUCED at a regular meeting of the City Council of the City of Cupertino
this 6th day of _ April , 1981, and ENACTED at a regular meeting of the
City Council of the City of Cupertino this 20th day of April 1981 by
the following vote:
Vote Members of the City Council
AYES: Gatto, Johnson, Plungy, Rogers, Sparks
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST: APPROVED:
_ 1
City ClerJ Mayor, City of C p rtino
7
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CO:i Tp,,,,
C3 J-y or Cur I,
FOR
AS cTj,-j:0
PY
nee 4ri[lc and acb cot
P,ld C •
1-n tile o I—ro t I I ).�j—Cj
,,Ov:�rning
A1'U;1(*31, enr. Of th-, r.�O� Ly
t jl:� Public
A Public E!7rl0109' 11,12tireM'21)t SYEJtLM J*t1.f(,rr-!d to na
9PDCj and SY3tc:,u anrec as follows: c,:-ferr(-d to a:; q7-"tC:U
A. AF:Q'IcY hercviLli retping the r•^rvices of systc-'l to
by Sccticn 20461.1 pf the Public r--qt-1rr,'
r-11"ItIO-P by th;2 Y,�%ird of Admilliatrati()j.I rca' J'(-t1rf!!; nnt f0t- Lho 1-jqpusj,� E)r. '(,t
Of Lh,� PlIblic y!,., F
Of the conLributioni Co bc,. rVide by Agejjc-,- . . . " j, rl�LlieU--Dt S-,-rtcl
the bc�ncfks unjer said contract are fjj;)')1(' er lcy,c con,:ki-ct vj�ll salcl )'u-ird if
, -;nli!tcd by a rc,z-,bj,-.r
ns 011C of the vertical columns On attached L,:hJlIt A. The v! f tiL)n of b C;)rfit0 tjllr,%M
Of new benefits is shown at the bottom of -(-'-� for earl,
inatfot
tile co
B. t",cncy till p3y $ 1r,7.^o to c YE7,tem uj)Oj Of th'! AcLuarinl Villutition,
c 0!:,
curil fee b2ing barred on the number of
contril'utiOnc on d-2pcsjt) i"cluded actinred thc-c leaving 1111tion 'ie
and different co--bivations Of now benef�tsvC involved.and the I-'CQberchip Categols
C. Any and All data Pnd Irfnrr-ation req,.Ie:jted by SY9tc-1 from Arenck- for u-,ie in co:-;)i-
19tion of
this vcluatJOr- Shall be furriifl :cd to lysrz Ily
SN'rte-m- The actU3ri&l tables and 0Alpeucy upon requer't by
in accordance with the table& 111,11,procedures to beta fj�-j Ill ri., valurltjoa E11:111 be
have sole control of t;- valuatio oved by vald Loard Of Adrinivtrnti,�,j . Syotc--z shnll
a &'-ld its Jt-If-Ment J.n the determinrticu thrrcof
sil-oll be fin"' a"(' Co":IuGlve. All work sheet, and fillal r,:--.ults ind report.,3, the
product of the valuation, shall be and remain 0le Property of the Syctcm.
Witness our hands the day and year first above written.
PUBLIC E14'L0yj:LS, Rk:TIRE-'-U NT SYSTE.4
CITY r,F CU1'F!,TI,,,0
BY
BLECHINGLB,
EXECUIIYE
OFF ILLR BY
TITLE
Amecq�Lnt Valuation
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