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Public Agency, in accordance with Section 207qO, Government Code, ceased to be an "employer" for purposes of Section 20759 of the Public Employees' Retirement Law ef£ective 0n December 16, 1976. Accumulated contributions of Public Agency as of the aforementioned date shall be fixed end determined as provided in Section 207§9, Government Code, and accumulated contributions as of the aforementioned date and contributions thereafter mede shall be held by the Board es provided in Section 20759, Government Code. 10. Public Agency shell contribute to said Retirement System es follows: With respect to local miscellaneous members, the agency shall contribute the following percentages of monthly saleries eerned as local miscellaneous members of said Retirement System: 11. (1) 0.200 percent until June 30, 2000 on eccount of the liability for prior service benefits. (Subject to annual change.) (2) 14.386 percent until June 30, 2000 on account of the liability for current service benefits. (Subject to ennuel chenge.) be With respect to local safety members, the agency shall contribute the following percentages of monthly salaries earned as local safety members of said Retirement System: (1) 29.290 percent until June 30, 2000 on account of the liebility for current service benefits. (Subject to annual chenge.) Ce A reasoneble amount, as fixed by the Board, payable in one in- stallment within 60 deys of date of oontract to cover the costs of administering said System as it affects the employees of Public Agency, not including the costs of special valuations or of the periodic investigation and valuations required by law. A reasonable amount, as fixed by the Boerd, payable in one in- stellment as the occesions erise, to cover the costs of special valuetions on account of employees of Public Agency, end costs of the periodic investigation and valuations required by law. Contributions required of Public Agency and its employees shell be subject to adjustment by Board on account of amendments to the Public Employees' Retirement 4aw, end on account of the experience under the Retirement System as determined by the periodic investigation and valuation required by said Retirement Lew.