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12. <br /> <br />The city is required to contribute the balance of the funds necessary <br />to meet the cost of the benefits provided under the retirement system <br />for the city's employees. The city also is required to pay its pro- <br />portionate share of the administrative costs of the system. <br /> <br />Ability of the Retirement System to pay benefits is safeguarded by a <br />provision authorizing the Board of Administration to revise contribu- <br />tions of both employees and the city, in the light of experience under <br />the system. N~v, therefore, <br /> <br />/ BE IT RESOLVED, that the 01ty Council <br /> (City Council, Board of Supervisors e~' *overn~ng <br /> <br /> of the CiZy of Santa Ana , give, and does <br />'- Board) ....... ~Name' 0~ubdiv~sion) <br />hereby giv~ notice of intention to approve a contract between said <br /> ~City <br /> Cl~ Council and the Board of Administration <br />Council, Board of Supervisors or GoverninE Board) <br />of the State Employees' Retirement System, providing for the participation of <br /> <br />said City of Santa Aha in said Retirement System, <br /> (Name of Subdivision) <br />a copy of said contract being attached hereto, marked "Exhibit A," and by <br /> <br />reference made a part hereof. <br /> <br /> .,~ ~ .o,.f, <br /> ~Cmty/~ouncil, Board of Supervisors, or <br />Governing ~oard) <br /> <br /> ~ (~NName of Subdivis~6n) <br /> <br />F122-3 6-40 200 <br /> <br /> <br />