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RESOLUTION NO. 2001-022 <br /> <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br />SANTA ANA GIVING NOTICE OF ITS INTENTION TO <br />APPROVE AN AMENDMENT TO THE CONTRACT <br />BETWEEN THE CITY COUNCIL OF THE CITY OF SANTA <br />ANA AND THE BOARD OF ADMINISTRATION OF THE <br />PUBLIC EMPLOYEES' RETIREMENT SYSTEM <br /> <br /> BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SANTA ANA AS <br />FOLLOWS: <br /> <br /> 1. The City Council of the City of Santa Ana hereby finds, determines and <br />declares as follows: <br /> <br />The Public Employees' Retirement Law permits the participation of public <br />agencies and their employees in the Public Employees' Retirement System <br />("PERS") by the execution of a contract, and sets forth the procedures by <br />which any such public agency may elect to subject themselves and their <br />employees to amendments to said Law. <br /> <br />One of the steps of such procedure to amend a contract between the public <br />agency and PERS is the adoption by the governing board of the public <br />agency of a resolution giving notice of its intention to approve an <br />amendment of its contract with PERS, which resolution by law shall contain <br />a summary of the changed proposed to said contract. <br /> <br />The following is a summary statement of a proposed change in the contract <br />between the City of Santa Aha and PERS: <br /> <br />To provide Section 22362.2 (3% at 50 Full Formula) for local safety <br />members. <br /> <br />In accordance with provisions of the current Memorandum of <br />Understanding between the City and the Santa Ana Police Officers' <br />Association and the current Memorandum of Understanding between the <br />City and the Santa Aha Firemen's Benevolent Association, the City agreed <br />to amend its current contract with PERS to provide the Section 22362.2 <br />(3% at 50 Full Formula) for local safety members. <br /> <br /> 2. This City Council of the City of Santa Ana, as the governing body of a public <br />agency which has a contract with PERS, does hereby give notice of intention to approve <br />an amendment of the contract between itself and the Board of Administration of the <br />Public Employees' Retirement System, a copy of said amendment being attached hereto <br />as Exhibit A and by this reference made a part hereof. <br /> <br />Resolution No. 2001-022 <br /> Page 1 of 2 <br /> <br /> <br />