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R~SOLUTION NO. 82-71 <br /> <br /> RESOLUTION OF THE CITY COUNCIL OF THE <br /> CITY OF SANTA ANA <br />AUTHORIZING AN AMENDMENT TO CORRECT AN ERROR IN THE CONTRACT BETWEEN THE <br />CITY OF SANTA ANA <br /> AND THE <br /> BOARD OF ADMINISTRATION, PUBLIC EMPLOYEES' RETIREMENT SYSTEM <br /> <br />WHEREAS, <br /> <br />the City Council of the City of Santa Ana hereinafter referred to as <br />Public Agency, and the Board of Administration of the Public <br />Employees' Retirement System entered into a contract effective July 1, <br />1947 providing for the participation of Public Agency in the Public <br />Employees' Retirement System; and <br /> <br />WHEREAS, <br /> <br />said contract was amended effective October 1, 198~. However, due to <br />an inadvertent omission Age 50 discount (Section 20952.5) was deleted <br />when the contract was amended to include 2% @ 50 Full formula. An <br />amendment for a reduction in benefits (Section 20461.6) to 2% @ 55 <br />Full formula for future safety employees requires the agency to become <br />mandatorily subject to age 50 discount again; and <br /> <br />WHEREAS, <br /> <br />Section 20461 of the Government Code provides that errors in a <br />contract may be corrected through contract error amendments executed <br />by the adoption of suitable resolutions by the contracting parties; <br /> <br />NOW, <br /> <br />THEREFORE BE IT RESOLVED, that said governing body of Public Agency <br /> authorizes, and it does hereby authorize, a contract error amendment <br /> to said contract effective October 1, 1981 as follows: <br /> <br />A. The paragraph 7f shall be added to said contract as follows: <br /> <br />Section 20952.5 (Age 50 voluntary retirement) for local safety <br />members only. <br /> <br />BE IT FURTHER RESOLVED, that the presiding officer of the governing body of <br /> Public Agency be and is hereby authorized, empowered, and directed to <br /> execute said amendment for and on behalf of Public Agency. <br /> <br />Adopted this 7th day of June <br /> <br />BOARD OF ADMINISTRATION <br />PUBLIC EMPLOYEES' RETIREMENT SYSTEM <br /> <br />BY <br /> <br />Carl J. Blechinger, Executive Officer <br /> <br />CITY COUNCIL <br />OF THE <br />CITY OF SANTA ANA <br /> <br />GORDON BRICKEN, MAYOR <br /> <br />Approved as to form: Attest: <br /> <br />Cynthia G..B~seme~ Legal Office; PERS(~LERK r HE N ~/~(NI~EoC'T~aL!YCOUZCIL'~''7-~ <br />~uw~,u w v~vp:,'~ ~'?~, ~'~ v, ~,anta Aha <br /> <br /> <br />