56R-3276
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RESOLUTION NO. 3276
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A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF ANAHEIM AUTHORIZI NG AN AMENDMENT TO THE
CONTRACT ENTERED INTO WITH THE BOARD OF ADMIN-
ISTRATION, STATE EMPLOYEES' RETIREMENT SYSTEM,
ON NOVEMBER 3, 1952, AND AUTHORIZING THE
EXECUTIVE COMMITIEE TO EXECUTE ALL DOCUMENTS
NECESSARY TO MAKE EFFECTIVE SUCH AMENDMENT.
WHEREAS, the Board of Administration of the State Employees'
Retirement System and the Executive Committee of the Orange County Joint
Outfall Sewer entered into a contract, effective November 1, 1952, provi-
ding for the participation of said Orange County Joint Outfall Sewer in the
State Employees' Retirement System; and
WHEREAS, said contract provides for the funding of the liabilities
for benefi ts based on "prior service" by annual installment payment by said
Agency extending over a 3-year period beginning on the effective date of
said contract; and
WHEREAS, the quadrennial revaluation has resulted in a material
increase in the annual installments required of said Agency if the increase
in prior service liabilities is to be funded over the remainder of the 3-year
period; and
WHEREAS, it is desirable that the annual contributions required
of said Agency under said contract not be excessive.
NOW THEREFORE, BE IT RESOLVED by the CITY COUNCIL OF THE CITY OF
ANAHEIM that Paragraph 12a of said contract shall be amended to readr
"a. The sum of $1,216.67 perannum, payable in annual or more
frequent installments as the Board of Administration of the
State Employees' Retirement System shall require, for a
period of 15 years from and including the year which
began on July 1, 1955, on account of the liability for
benefits based on service rendered to the Orange County
Joint Outfall Sewer prior to the effective date of this
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amendment. II
lib.
This amendment shall be attached to said contract and
shall be effective as of June 1, 1956."
AND BE IT FURTHER RESOLVED that the Executive Committee of the
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Orange County Joint Outfall Sewer be and it is hereby authorized and
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directed to execute all documents necessary or required to amend said
agreement of November 3, 1952, in the manner herein specified.
THE FOREGOING RESOLUTION is signed and approved by me this 8th
dya of May, 1956.
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MAYOR OF TH CITY 'OF ANAHEIM. '-
ATTEST:
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CITY CLERK OF THE CITY OF ANAHEIM.
STATE OF CALIFOONIA )
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COUNTY OF ORANGE )ss
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CITY OF ANAHEIM )
I, DENE M. WILLIAMS, City Clerk of the City of Anaheim, dQ
hereby certify that the foregoing ResQlutiQn was passed and adopted at a
regular meeting Qf the City CQuncil held on the 8th day of May 1956, by the
fQllowing vote of the members thereof:
AYES: COUNCILMEN: Pearson, Coons, Fry, Schutte and Wisser.
NOES: COUNCILMEN: None.
ABSENT: COUNCILMEN: None.
AND I FURTHER CERTIFY that the Mayor of the City of Anaheim
signed and apprQved said ResQlutiQn on the 8th day of May, 1956.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the
seal of the City of Anaheim this 8th day of May, 1956.
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CITY CLERK OF THE CITY OF ANAHEIM
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(SEAL)