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Resolution - 9596RESOLUTION NO. 9596 RESOLUTION AUTHORIZING AN AMENDMENT TO CORRECT AN ERROR IN THE CONTRACT BETWEEN THE BOARD OF ADMINISTRATION OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE CITY COUNCIL OF THE CITY OF WEST COVINA WHEREAS, the City Council of the City of West Covina hereinafter referred to as Public Agency, and the Board of Administration of the Public Employees' Retirement System entered into a contract effective July 1, 1966 providing for the participation of Public Agency in the Public Employees' Retirement System; and WHEREAS, said contract was amended effective September 24, 1997 and due to an inadvertent error/omission, the contract amendment should have included Section 20903 (Two Years Additional Service Credit) for local miscellaneous members only; and WHEREAS, Section 20472 of the Government Code provides that errors in any contract may be corrected through amendments approved by the adoption of suitable resolutions by the contracting parties; NOW, THEREFORE, BE IT RESOLVED that said governing body of Public Agency authorizes, and it does hereby authorize, a contract error amendment to said contract effective September 24, 1997 as follows: A. Paragraph 11. k. of said contract shall be added as follows: Section 20903 (Two Years Additional Service Credit) for local miscellaneous members only. BE-IT'FURTHER RESOLVED, that the presiding officer of the governing body of Public Agency is hereby authorized, empowered, and directed to execute said amendment for and on behalf of Public Agency. Adopted this 7th day of Jul v I9Sg_. BOARD OF ADMINISTRATION CITY COUNCIL PUBLIC EMPLOYEES' RETIREMENT SYSTEM OF THE CITY OF VIT COVINA BY KENNET W. MARZION, CHIEF ACTUARIAL & EMPLOYER SERVICES DIVISION PUBLIC EMPLOYEES' RETIREMENT SYSTEM Attest: Clerk (Rev. 4/96) • CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM Actuarial and Employer Services Division Public Agency Contract Services P.O. Box 942709 Sacramento, CA 94229-2709 (916) 326-3420 CERTIFICATION OF GOVERNING BODY'S ACTION I hereby certify that the foregoing is a true and correct copy of a Resolution adopted by the City Council (governing body) City of West Covina (public agency) on ( lie) Clerk/Secretary City Clerk Title of the PERS-CON-12 (rev. 1/96) CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM Actuarial and Employer Services Division Public Agency Contract Services P.O. Box 942709 Sacramento, CA 94229-2709 (916) 326-3420 CERTIFICATION OF COMPLIANCE WITH 0 GOVERNMENT CODE SECTION 7507 I hereby certify that in accordance with Section 7507 of the Government Code the future annual costs as determined by the System Actuary and/or the increase in retirement benefit(s) have been made public at a public meeting of the City Council (governing body) of the City of West Covina / (public agency) on V LGfi(/ 02, 9y g which is at least two weeks prior to the adoption of the (date) Resolution/Ordinance. Clerk/Secretary City Clerk Title Date S 9� PERS-CON-12A (rev. 1196)