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CITY COUNCIL OF THE CITY OF PLEASANTON <br /> <br />ALAMEDA COUNTY, CALIFORNIA <br /> <br />RESOLUTION NO. 92-224 <br /> <br />RESOLUTION OF INTENTION TO APPROVE AN AMENDMENT TO THE <br />CONTRACT BETWEEN THE BOARD OF ADMINISTRATION OF THE <br />PUBLIC EMPLOYEES' RETIREMENT SYSTEMANDTHECITYCOUNCIL <br />OF THE CITY OF PT~ASANTON <br /> <br />WHEREAS, <br /> <br />the Public Employees' Retirement Law permits the <br />participation of public agencies and their employees in <br />the Public Employees' Retirement System by the execution <br />of a contract, and sets forth the procedure by which said <br />public agencies may elect to subject themselves and their <br />employees to amendment to said Law; and <br /> <br />WHEREAS, <br /> <br />one of the steps in the procedures to amend this contract <br />is the adoption by the governing body of the public <br />agency of a resolution giving notice of its intention to <br />approve an amendment to said contract, which resolution <br />shall contain a summary of the change proposed in said <br />contract; and <br /> <br />WHEREAS, the following is a statement of the proposed change: <br /> <br />To provide Section 20024.2 benefits (One-Year Final <br />Compensation) for local miscellaneous members, <br />including an extension of the funding period to the <br />.year 2011. <br /> <br />NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON RESOLVES <br />AS FOLLOWS: <br /> <br />Section 1: That the City Council of the City of Pleasanton does <br /> hereby give notice of its intention to approve an <br /> amendment to the contract between the City of Pleasanton <br /> and the Board of Administration of the Public Employees' <br /> Retirement System, a copy of said amendment being <br /> attached hereto, as Exhibit A and by this reference made <br /> a part hereof. <br /> <br />Section 2: This resolution shall become effective immediately <br /> upon its passage and adoption. <br /> <br /> <br />