HomeMy WebLinkAboutResolution 1973 - 0031RESOLUTION NO.73-31
DECLARING INTENT TO APPROVE AMENDMENT
TO CONTRACT WITH PUBLIC EMPLOYEES’
RETIREMENT SYSTEM
A RESOLUTION OF THE BOARDS OF DIRECTORS
OF COUNTY SANITATION DISTRICTS NOS.1,
2,3,5,6,7,AND 11,OF ORANGE COUNTY,
CALIFORNIA,DECLARING INTENT TO APPROVE
AMENDMENT TO CONTRACT BETWEEN BOARD OF
ADMINISTRATION OF PUBLIC EMPLOYEES
RETIREMENT SYSTEM AND COUNTY SANITATION
DISTRICT NO.1
WHEREAS,the Public Employees’RetIrement Law permits the
participation of public agencies and their employees in the Public
Employees’Retirement System by the execution of a dontract,and
sets forth the procedure by which said public agencies may elect to
subject themselves and their employees to amendments to said law;and,
WHEREAS,one of the steps in the procedure to amend this contract
is the adoption by the legislative body of the public agency of a
resolution giving notice of its intention to approve an amendment
to said contract,which resolution shall contain a summary of the
changes proposed in said contract;and,
WHEREAS,the following is a statement of the proposed change:
“Retirement allowances to which the annual cost—of—living
provisions apply,payable for time commencing on the
first day of the calendar month coinciding with or
next following the effective date of this amendment to
or on account of persons retired or members deceased on
or prior to December 3l~1970,are hereby increased
by 5%.”;and,
WHEREAS,the estimate of the cost of such change for the public
agency is set forth in a copy of the valuation report attached hereto
marked “Exhibit A”and by this reference incorporated into the
amendment as though therein set out in full.
NOW,THEREFORE,BE IT RESOLVED:
Section 1 That the Board of Directors of County Sanitation
Districts Nos.1,2,3,5,6,7,and 11,of Orange County,
California,hereby gives notice of their intention to approve an
amendment to the contract between County Sanitation Distriôt No.1
and the Board of Administration of the Public Employees’.Retirement
System to accomplish the above change effective July.1,1973;and,
Section 2 That the Chairman and Secretary of District No.1
are hereby authorized and directed to execute said amendment.
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PASSED AND ADOPTED at a regular meeting held April 11,1973.
C
STATE OF CALIFORNIA
SSo
COUNTY OF ORANGE
I,.J0 WAYNE SYLVESTER,Secretary of the Boards of Directors
of County Sanitation Districts Nos.1,2,3,5,6,7,and 11,of
Orange County,California,do hereby certify that the above
•and foregoing Resolution No.73-31 was regularly passed and
adopted at a regular meeting of said Boards on the 11th day of
April ,19 73,by the following vote,to wit:
AYES:Directors Robert Finriell (Chairman),David Baker,
Robert Battin,Rudy Castro,Ralph Clark,Norman
Culver,Jesse Davis,Henry Duke,Donald Fox,
Norma Gibbs,Jack Green,Edward Just,Carl Kymla,
Otto Lacayo,Alicita Lewis,Charles Long,Don
Mclnnis,Derek McWhinney,Clifton Miller,Robert
Nevil,Jerry Patterson,Ellis Porter,E.Ray Quigley,
Howard Rogers,Robert Root,Frank Sales,George
Scott,Don Smith,Mark Stephenson,Charles
Stevens,Jr.Cor Vanderwaal,and Donald Winn
NOES:None
ABSENT:Directors Ronald Caspers and John Store
IN WITNESS VIIiEREOF,I have hereunto set my hand this 11th
day of April
,1973
~ster,secretary,
-
~ctors,~County
Sanitation Districts NOS.1,2,
3,5,6,7,and 11,of Orange
County,California
S-1O1