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HomeMy WebLinkAbout80-22RESOLUTION 80-22 RESOLUTION OF INTENTION TO APPROVE AN AMENDMENT TO CONTRACT BETWEEN THE BOARD OF ADMINISTRATION CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE TOWN COUNCIL TOWN OF LOS ALTOS HILLS WHEREAS, the Public Employees' Retirement Law permits the participation of public agencies and their employees in the Public Employees' Retirement System by the execution of a contract, and sets forth the procedure by which said public agencies may elect to subject themselves and their employees to amendments to said Law; and WHEREAS, one of the steps in the procedures to amend this contract is the adoption by the governing body of the public agency of a resolution giving notice of its intention to approve an amendment to said contract, which resolution shall contain a summary of the change proposed in said contract; and WHEREAS, the following is a statement of the proposed change: To provide Section 20503 (Removal of the Contract Exclusion of "Persons Compensated On An Hourly Basis," prospectively from the effective date of this amendment to contract). NOW, THEREFORE, BE IT RESOLVED that the governing body of the above agency does hereby give notice of intention to approve an amendment to the contract between said public agency and the Board of Administration of the Public Employees' Retirement System, a copy of said amendment being attached hereto, as an "Exhibit" and by this reference made a part hereof. August 18, 2022 Date adopted and approved (Amendment) CON -302 (Rev. 3/9/2016 rc) By: residing Off George Tyson, Mayor, Los Altos Hills Title Resolution 80-22 Page 1 The above and foregoing Resolution was passed and adopted by the City Council of the Town of Los Altos Hills at a regular meeting held on the 18th day of August 2022 by the following vote: AYES: Tyson, Swan, Mok, Schmidt, Tankha NOES: None ABSTAIN: None ABSENT: None ATTEST: f5eborah '.do BY: eorge Tyso a Resolution 80-22 Page 2