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RESOLUTION 80-22 <br />RESOLUTION OF INTENTION <br />TO APPROVE AN AMENDMENT TO CONTRACT <br />BETWEEN THE <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 of public <br />agencies and their employees in the Public Employees' Retirement System by the <br />execution of a contract, and sets forth the procedure by which said public <br />agencies may elect to subject themselves and their employees to amendments to <br />said Law; and <br />WHEREAS, 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 <br />to approve an amendment to said contract, which resolution shall contain a <br />summary of the change proposed in said contract; and <br />WHEREAS, the following is a statement of the proposed change: <br />To provide Section 20503 (Removal of the Contract Exclusion of <br />"Persons Compensated On An Hourly Basis," prospectively from <br />the effective date of this amendment to contract). <br />NOW, THEREFORE, BE IT RESOLVED that the governing body of the above agency does hereby <br />give notice of intention to approve an amendment to the contract between said <br />public agency and the Board of Administration of the Public Employees' <br />Retirement System, a copy of said amendment being attached hereto, as an <br />"Exhibit" and by this reference made a part hereof. <br />August 18, 2022 <br />Date adopted and approved <br />(Amendment) <br />CON -302 (Rev. 3/9/2016 rc) <br />By: <br />residing Off <br />George Tyson, Mayor, Los Altos Hills <br />Title <br />Resolution 80-22 <br />Page 1 <br />