Loading...
HomeMy WebLinkAboutResolutions - No. 2957RESOLUTION NO. 2957 RESOLUTION OF TEE CITY COUNCIL OF THE CITY CF LODI AUTHORIZING AN AMENDMENT TO THE CONTRACT BETWEEN SAID CITY OF LODI AND TEE STATE a PLOY -E S' RETIRrINT SYSTEM WHEREAS, the Board of Administration of the State c-,mployess' Retirement Systam and the City Council of the City of Lodi entered into contract effective June 1, 1966, providing for the participation of said City of Lodi in the State Employees' Retirement System; and WHEREAS, it is and has been the desire of said City of Lodi. to exclude from partici- pation in the State Employees' Retirement System persons compensated an an hourly basis. Such employees were not included in the local system nor were such persons included in the actuarial valuation; and WHEREAS, it has been and remains the intention of the City Council to exclude from membership all persons compensated on an hourly basis; and WHEREAS, said contract was in error in that it inadvertently failed to provide for the exclusion of the aforesaid persons; and WHEREAS, Section 20461 of the State Employees' i em nt Law provides that an error made in a contract may be corrected through amendments approved by the adoption of suitable resolutions by the contracting parties: NOW, THEREFORE BE IT EVOLVED, that said City Council of the City of Lodi does hereby authorize the following amendment to said contract: The following exclusion shall be added to the exclusions now appearing in Paragraph 3 of said Contract: ' KLUGE P SSCHS COMPENSATED ON AN HOURLY BASIS WHO ARE EMPLOYED JUNE 1, 1966 OR THEREAFTER." BE IT FURTHER RESOLVED, that the presiding officer of said City Council be, and he is hereby authorized. empowered. and directed to execute said amendment for and on behalf of said City Council. 1.opted'the Presiding Of 'cer 6t h : day of July, 1966. STATE EMPLOYr'S' RETIREMENT SYSTEM BY William E. Payne, Executive Officer ,I hereby certify that tH foragoing resolution —__Ira5. sed. -and adopted by the City Council of the City of Lodi in regular meeting held July 6, 1966, by the following vote: AYES: Councilmen Brown, Culbertson, Hunnell, Kirsten and Welton 1rOES : None ABSENT: None 2957 City Clerk