HomeMy WebLinkAbout89-134 - Public Employees Retirement System ContractRESOLUTION NO. 89 -134
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
NEWPORT BEACH AUTHORIZING AN AMENDMENT TO CORRECT
• AN ERROR IN THE CONTRACT BETWEEN THE CITY OF
NEWPORT BEACH AND THE BOARD OF ADMINISTRATION
PUBLIC EMPLOYEES' RETIREMENT SYSTEM.
WHEREAS, the City Council of the City of Newport Beach
hereinafter referred to as Public Agency, and the Board of
Administration of the Public Employees' Retirement System entered
into a contract effective July 1., 1945 providing for the
participation of Public Agency in the Public Employees' Retirement
System; and
WHEREAS, said contract, due to an error did not include
Section 20024.2 (One -Year Final Compensation) for local
miscellaneous and local safety members; and
WHEREAS, Section 20461 of the Government Code provides
that errors in a contract may be corrected through contract error
amendments executed by the adoption of suitable resolutions by the
contracting parties;
NOW THEREFORE, BE IT RESOLVED, that a contract error
amendment to said contract effective December 2, 1989 as follows:
A. The paragraph number 7 of said contract shall be
changed to include item "f." and shall read as
follows:
f. Section 20024.2 (One -Year Final Compensation)
for local miscellaneous and local safety
• members.
BE IT FURTHER RESOLVED, that the presiding office of the
governing body of Public Agency be and is hereby authorized,
empowered, and directed to execute said amendment for and on
behalf of Public Agency.
• ADOPTED this 27th day of November , 1989
ATTEST:
City Clerk
•
2
CITY COUNCIL
CITY OF NEWPORT BEACH
Mayor
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