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CITY COUNCIL OF THE CITY OF PLEASANTON <br />ALAMEDA COUNTY, CALIFORNIA <br />RESOLUTION NO. 02-111 <br /> <br />RESOLUTION OF INTENTION TO APPROVE AN <br />AMENDMENT TO THE CONTRACT BETWEEN THE <br />BOARD OF ADMINISTRATION OF THE PUBLIC <br />EMPLOYEES' RETIREMENT SYSTEM AND THE CITY <br />COUNCIL OF THE CITY OF PLEASANTON <br /> <br />WHEREAS, <br /> <br />the Public Employees' Retirement Law permits the participation of public agencies <br />and their employees in the Public Employees' Retirement System by the execution <br />of a contract, and sets forth the procedure by which said public agencies may elect <br />to subject themselves and their employees to amendments to said Law; and <br /> <br />WHEREAS, <br /> <br />one of the steps in the procedures to amend this contract is the adoption by the <br />governing body of the public agency of a resolution giving notice of its intention to <br />approve an amendment to said contract, which resolution shall contain a summary <br />of the change proposed in said contract; and <br /> <br />WHEREAS, the following is a statement of the proposed change: <br /> <br />To provide Government Code Section 21354.5 (2.7% ~ 55 Full formula) for local <br />miscellaneous members. <br /> <br />NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON RESOLVES <br />AS FOLLOWS: <br /> <br />Section 1: <br /> <br />The City Council of the City of Pleasanton does hereby give notice of intention to <br />approve an amendment to the contract between said public agency and the Board <br />of Administration of the Public Employees' Retirement System, a copy of said <br />amendment being attached hereto as an "Exhibit" and by this reference made a part <br />hereof. <br /> <br />Section 2: This resolution shall become effective immediately upon its passage and adoption. <br /> <br /> <br />