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• • <br /> RESOLUTION OF INTENTION <br /> TO APPROVE AN AMENDMENT TO CONTRACT <br /> BETWEEN THE RESOLUTION No. 24-11 <br /> BOARD OF ADMINISTRATION <br /> CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM <br /> AND THE. <br /> TOWN COUNCIL <br /> TOWN OF LOS ALTOS HILLS <br /> WHEREAS, the Public Employees' Retirement Law permits the participation ofpublic <br /> agencies and their employees in the Public Employees' Retirement System <br /> by the execution of a contract, and sets forth the procedure by which said <br /> public agencies may elect to subject themselves and their employees to <br /> • amendments to said Law; and <br /> WHEREAS, one of the steps in the procedures to amend this contract is the adoption <br /> by the governing body of the public agency of a resolution giving notice of <br /> its intention to approve an amendment to said contract, which resolution <br /> shall contain a summary of the change proposed in said contract; and <br /> WHEREAS, the following is a statement of the proposed change: <br /> To provide Section 20475 (Different Level of Benefits). <br /> Section 21353 (2% @ 60 Full formula) is applicable to local <br /> miscellaneous members entering membership for the first <br /> time in the miscellaneous classification after the effective <br /> date of this amendment to contract. <br /> NOW, THEREFORE, BE IT RESOLVED that the governing body of the above agency <br /> does hereby give notice of intention to approve an amendment to the <br /> contract between said public agency and the Board of Administration of the <br /> Public Employees' Retirement System, a copy of said amendment being <br /> attached hereto, as an "Exhibit" and by this reference made a part hereof. <br /> re4024:0, 4444,44.,.. <br /> By: <br /> residin 1Offic r <br /> Clhart/ <br /> Title <br /> May 12 , 2011 <br /> Date adopted and approved <br /> (Amendment) <br /> CON-302(Rev.4/96) <br />