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1975-197RESOLUTION NO. 75R -197 RESOLUTION OF INTENTION TO APPROV:', AN Aia`:1i.,iEiVT `n CONTRACT r 1 V 'i 1 TO C�l3�1 .I1i�.l 3� lr i�lf BOARD OF ADMINISTRATION OF THE PUBLIC KMPLOYEES' RETIREMENT SYSTEM AND THE City Council (Governing Body) OF THE City of Anaheim (Name of Public Agency) 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 themselYes and their employees to amendments to said law; and WHEREAS, one of the steps in the procedure t5' amend this contract is the adoption by the legislative 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 changes proposed in said contract; and WHEREAS, the following is a-statement of the proposed change: Retirement allowances to which the annual cost-of-living provisions apply, payable for time commencing on the first 'day of the calendar month coin- ciding with or next following the effective date of this amendment to or on account of persons retired or members deceased on or after January 1, 1971 but before July 1, 1971, are hereby increased by 5 WHEREAS, the estimate of the cost of such change for the public agency is set forth in a copy of the valuation report attached hereto, marked "Exhibit A" and by this reference incorporated into the amendment as though therein set out in full. NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of (Governing Body) dame of Anaheim gives, and it hereby gives notice of intention to approve Public Agency) an amendment to the contract between the Cit Council Governing Body) and the Board of Administration of the Public Employees' Retirement System to accomplish the above change. April 22, 1975 (Date adopted and approved) City Council of the (Governing Body) Cit of Anaheim TName of ?obi BY: r c Agency By; ATTES @Ian Title A( Y` .Y.�p LONA M. HOUGARD, CITY CLERK x9 MAYOR DEPUTY CITY CLERK AGENCY NAME: Anaheim, City of AGENCY NUMBER: 303 DATE: January 11, 1974 LUMP SUM PAYMENT FOR MISCELLANEOUS MEMBERS EXHIBIT A PUBLIC EMPLOYEES' RETIREMENT SYSTEM ACTUARIAL VALUATION TO DETERMINE COSTS UNDER SB 1113, CHAPTER 1123 (1973) (5% Increase) q LUMP SUM PAYMENT FOR SAFETY MEMBERS 4,451 11,287 STATE OF CALIFORNIA COUNTY OF ORANGE ss. CITY OF ANAHEIM I, ALONA M. HOUGARD, City Clerk of the City of Anaheim, do hereby certify that the foregoing Resolution No. 75R -197 was intro- duced and adopted at a regular meeting provided by law, of the City Council of the City of Anaheim held on the 22nd day of April, 1975, by the following vote of the members thereof: (SEAL) AYES: COUNCIL MEMBERS: Kaywood, Seymour, Pebley, Sneegas and Thom NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None AND I FURTHER CERTIFY that the Mayor of the City of Anaheim approved and signed said Resolution No. 75R -197 on the 22nd day of April, 1975. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the City of Anaheim this 22nd day of April, 1975. ALONA M. HOUGARD, CITY CLERK B CITY C ERK OF THE C TY OF ANAHEIM I, ALONA M. HOUGARD, City Clerk of the City of Anaheim, do hereby certify that the foregoing is the original of Resolution No. 75R -197 duly passed and adopted by the Anaheim City Council on April 22, 1975. ALONA M. HOUGARD, CITY CLERK Deputy