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HomeMy WebLinkAboutOrdinance #2085 ORDINANCE NO. 2085 AN ORDINANCE OF THE CITY OF HUNTINGTON BEACH AUTHORIZING AN AMENDMENT TO THE CONTRACT BE- TWEEN THE CITY OF HUNTINGTON BEACH AND THE BOARD OF ADMINISTRATION OF THE CALIFORNIA PUBLIC EMPLOYEES ' RETIREMENT SYSTEM The City Council of the City of Huntington Beach does ordain as follows : SECTION 1. That an amendment to the Contract between the City Council of the City of Huntington Beach 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 as though herein set out in full . SECTION 2. The Mayor of the City of Huntington Beach is hereby authorized, empowered and directed to execute said amend- ment for and on behalf of said agency . SECTION 3. This ordinance shall take effect thirty days from its adoption. The City Clerk shall certify to the passage of this ordinance and cause same to be published within fifteen days after adoption in the Huntington Beach News , a newspaper of general circulation, printed and published in Huntington Beach, California. PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regular meeting thereof held on the28th day of June, , 1976. Mayor ATTEST: APPROVED AS TO FORM: City Clerk City Atto hey m MHM:ahb 1. APPROVED AS TO CONTENT: APPROVED, INITIATING DEPARTMENT: 4xA?cn&gCity Administrator NO FISCAL IMPACT FISCAL IMPACT -• BUDGETED y FISCAL IMPACT -- NOT BUDGETED REQUIRES FINANCIAL IMPACT REPORT 2 .. �AtdEND:S+Et'T TO CO3"1`:iACT B� EF:N THR 's • �- PMZTp33CV't�JD�yO?��. ArAINISTIZATTAION T VA AND ` HS CITY COLMI CIL OF THE OITY OF RMITLNGTON BEACH The Board of Administration, Public Employees# Retirement 3,ystem, hereinafter referred to as Board and the CITY CC M.CIL of the CITY 07 1[Tn1T7t,GT0N BEACH, herein- after referred to no Public Agonuly having entered into a contract urdor date of October 27, 19459 a.fective October 1., 1945, its emended etf'eetive January 19 19,309 March 1, 19529 I,ovember 1. 1957t Uarch 1, 1953p October 1, 1961.9 Jr:.rUrxy 1, 1971 Junuazy 129 1974, April 13, 19-15, and Febrt u,.v 21, 1976# and a3 provided by Chap- ters 1JU and ,:L6t Statutes of 19719 which provide for participation of Public Agency in said flystemg Board and Public Agency hereby a3r3n as followas A. 1'ctragaa he G(a) and 6(b) shall m be stricken frox id contract and the following paragraphs substituted therefor; a The fraction of final compensation to be Provided for each year of credl-t,ad prior and current service as a local flrvzon will be that provided in Section 21252.01 of the Retirement Law. b. Section 20952.5 G ovidir43 for t4ge }O as tits minimu: voluntazy retire- me-at age+, for local pol cenen and ]ife,,uarda on ocean beache3a with benefit payments commencing p.iur to a5a 55 eub3ect to actuarial dim- cour�;} B. rare gra a 7(b shall Wj stricken from said contract And the follow p � ) ari. paragraph substituted therefore I 7(b) With respect to local safety member9, the public ago cy shall eon- tribute th3 following percentages of moz;=.y salaries earned as local safety nczbers of oaid Systems (1) 14.826 percent on account of the liability for current service benefits. C. This mmendment ahal.l be attached to said contract and 6hall be effective on the "th day v Ais 14,4,.t ?,'376 witness our 1w ds this 28th day of 1,976 BOARD OF ATY10TST.RAxION CITY COWTOIL OF iI PUBLIC F2LOYEDS' RLNrIF= T SSYSTMA CITY OF IIVITINO-TOW PEACH B B1 Carl J eahirgar Zxec#tive Officer Pre c ng O.ii a-F Flayor Attests Approved as to form: .-..�. ✓ o !�/�" Yft'JYED AS 7O FOR � E.lsrk " r DON P. BONS- ' "MHIBi.T A" . City Attorney t, Rot. Form 702-1 Ord. No. 2085 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss: CITY OF HUNTINGTON BEACH ) I, ALICIA M. WENTWORTH, the duly elected, qualified City Clerk of the City of Huntington Beach and ex-officio Clerk of the City Council of the said City, do hereby certify that the whole number of members of the City Council of the City of Huntington Beach is seven; that the foregoing ordinance was read to said City Council at a regular meeting thereof held on the 21st day of June 19 76 , and was again read to said City Council at a regular adjourned meeting thereof held on the 28th day of June 1976 , and was passed and adopted by the affirmative vote of more than a majority of all the members of said City Council. AYES: Councilmen: Bartlett, Pattinson, Gibbs, Siebert, Wieder NOES: Councilmen: None ABSENT: Councilmen: Coen, Shenkman City Clerk and ex-officio Clerk of the City Council of the City of Huntington Beach, California Alicia M. Wenlw IthiC'•TY CLERK of the City of l,intington Br,ch .a c-o Clerk of the City ouncil, do h h -;,t `h's crd r:arco has een putFsh ,i E2 cr ida,as n . °7 in acc r „ artc.i of sa:d Y. ALICIA M. WENTWORfhf .. - ---------------- .._- . city Cierk C -... Deputy G4Y Clerk r