1987-097 PERSRESOLUTION NO. 87-97
RESOLUTION OF INTENTION
TO APPROVE A CONTRACT
BETWEEN THE
BOARDOF ADMINISTRATION
OF THE
PUBLIC EMPLOYEES' RETIREMENT SYSTEM
AND THE
CITY COUNCIL
OF THE
, CITY OF ENCINITAS
WHEREAS, the Public Employees' Retirement Law permits the participation of
public agencies in the Public Employees' Retirement System, making
their employees members of said System, and sets forth the procedure
by which participation may be accomplished; and
WHEREAS, one of the steps required in the procedure is the adoption by the
Governing Body of the Public Agency of a resolution giving notice of
intention to approve a contract for such participation between said
Governing Body and the Retirement System Board of Administration,
which resolution shall contain a summary of the major provisions of
the proposed retirement plan; and
WHEREAS, attached is a summary of the major provisions of the proposed plan:
NOW, THEREFORE, BE IT RESOLVED, that the Governing Body of the above agency
gives, and it does hereby give notice of intention to approve a con-
tract between said Governing Body and the Board of Administration of
the Public Employees' Retirement System, providing for participation
of said agency in said Retirement System, a copy of said contract and
a copy of the summary of the major provisions of the proposed plan
being attached hereto, as an "Exhibit", and by this reference made a
part hereof.
Mayor
(TITLE)
(Date8~opted and approved) By the fo]lowing vote'
Ayes; Gaines, Luke, Omsted~ Shear Steel
Ret. Form 122 Nays: None
Abstain' None
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