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HomeMy WebLinkAboutResolution 1965 - 0005RESOLUTION NO.65-5 APPROVING AMENDMENT T0 CONTRACT WITH STATE EM PThYEES’RETIREMENT SYSTEM A JOINT RESOLUTION OF THE BOARDS OF DIRECTORS OF COUNTY SANITATION DISTRICTS NOS.1,2,3,5,6,7,8,AND 11,OF ORANGE COUNTY,CALIFORNIA,AUTHORIZING AN AMENDMENT TO THE CONTRACT PROVIDING FOR •THE PARTICIPATION OF THE COUNTY SANITATION DISTRICTS IN THE STATE EMPLOYEESt RETIRE MENT SYSTEM,MAKING ITS EMPLOYEES MEMBERS OF SAID SYSTEM. The Boards of Directors of County Sanitation Districts Nos.1,2,3,5,6,7,8,and 11,ofOrange County,California, DO HEREBY RESOLVE AS FOLLOWS: WHEREAS,the Board of Administration of the State Employees’Retirement System and the Board of Directors of County Sanitation District No.1 of Orange County,acting as agent for itself and County Sanitation Districts Nos.2,3,5,6,7,8 and 11,of Orange County,entered into a Contract effective on October 1,195k,providIng for the participation of said County Sanitation Districts in the State Employees’Retirement System;arid, WHEREAS,it is now desirable to take advantage of certain benefits provided under said Retirement System,and not Included in said contract; NOW,THEREFORE,BE IT RESOLVED that said Board 01 Directors authorized,and it does hereby authorize,an amendment to said Contract,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;arid, BE IT FURTHER RESOLVED that the presiding officer of said Board of Directors be,and he is hereby authorized,empowered and directed to execute said amendment for and on behalf of said County Sanitation Districts. EXHIBIT ~‘A” AMENDMENT TO CONTRACT BE~EEN THE BOARD OF ADMINISTRATION STATE EMPLOYEES’RETIREMENT SYSTEM AND THE BOARD OF DIRECTORS OF THE COUNTY SANITATION DISTRICT NO.1 OF ORANGE COUNTY ACTING FOR ITSELF AND COUNTY SANITATION DISTRICTS NOS.2,3,5,6,7,8 AND 11 The Board of Administration,State &nployees’Retirement System,hereinafter referred to as Board,and the BOARD OF DIREC TORS of the COUNTY SANITATION DISTRICT NO.1 OF ORANGE COUNTY ACT ING FOR ITSELF AND COUNTY SANITATION DISTRICTS NOS.2,3,5,6,7, 8 AND 11,hereinafter referred to as Public Agency,having entered into a contract under date of October 1,1954,effective October 1,1954 and as amended effective July 1,1960 and July 1,1961, which provides for participation of Public Agency in said System, Board and Public Agency hereby agree as follows: 1.The following paragraph shall be added to said Contract: 7 (g)Section 20804.5 (providing for an election by mem bers to contribute and receive current service credit for the service rendered prior to membership). 2.Paragraph 8 (a)shall be amended to read:0.475 percent of total salaries paid monthly to members until September 30,1979 on account of the liability for prior service benefits. 3.Paragraph 8 (b)shall be amended to read 4.669 percent. 4.Paragraph 8 Ce)shall be stricken from said contract. 5.This amendment shall be attached to said contract and shall become effective on the day of Witness our hands this day of___________________ BOARD OF ADMINISTRATION STATE EMPLOYEES ‘RETIREMENT SYSTEM BOARD OF DIRECTORS OF THE COUNTY SANITATION DISTRICT NO.1 OF ORANGE COUNTY ACTING FOR ITSELF AND COUNTY SANITATION ___________________________ DISTRICTS NOS.2,3,5,6,7, William E.Payne,Executive 8 AND 11 Officer Attest:BY_______________________________ Chairman,Board of Directors Clerk STATE OF CALIFORNIA. SS. COUN~OF 0R4.NGE I,FRED A.HA.RPER,Secretary of the Boards of Directors of County Sanitation Districts Nos.1,2,3,5,6,7,8 and 11, of Orange County,California,do hereby certify that the above and foregoing Resolution No.65-5 was regularly passed and adopted at a regular meeting of said Boards on the 13th day of January,1965,by the following vote,to wit: AYES:Directors Cornwell,Amo,Bousman,Callens, Cook,Crapo,Culver,Furman,Gruber,Hall, Hock,Johnson,Lambert,Martin,Meyers,Miller, Parks,Schutte,Scott,Shipley,Speer,Stewart, Stoddard,Workman,Wright and Hirstein. NOES:None ABSENT:Directors Anderson and Long. IN WITNESS WHEREOF,I have hereunto set my hand this 13th day of January,1965. ~rper~ea~2~ Boards of Directors,County Sanitation Districts Nos.1,2,3,5,6,7,8 and 11,of Orange County,California