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10, Public Agency shall also conu'ibute to said Retirement System as follows: <br />a. A reasonable, amount, as fixed by the Board, payable in one installment within <br />60 days of date of contract to cover the costs of administering said System as it <br />affects the employees of Public Agency, not including the, custe of special <br />valuations or of the periodlc investigation and valuations required by law. <br />b. A reasonable amount, as fixed by the Board, payable in one, installment as the. <br />occasions arise, to cover the costs of special valuations on account of employees <br />of Public Agency, and costs of the periodic investigation and valuations required <br />by law. <br />11. Contributions required of Public Agency and its employees shall be subject to adjustment <br />by Board on account of amendments to the Public Employees' Retirement Law, and on <br />account of the experience under the Retirement System as determined by the periodic <br />investigation and valuation required by said Retirement Lays-. <br />12. Contributions required of Public Agency and Its employees shall be paid by Public <br />Agency to the Retirement System within fifteen days after the end of the period to which <br />said contributions refer or as may bC prescribed by Board regulation, If more or less <br />than the. correct amount of contributions is paid for any period, proper adjustment shall <br />be made in connection with subsequent remittances. Adjustments on account of errors <br />in contributions required of any employee may be made by direct payments between the <br />employee and the Board, <br />B, This amendment shnli be effective on the day of 19_ <br />BOARD OF ADMINISTRATION CITY COUNCIL <br />PUBLIC EMPLOYEES' RETIREMENT SYSTEM OF, THE <br />CITY OF SANTA ANA <br />BY Qf� <br />CHIEF, CONTRA tT SERVICES DIVISION <br />PUBLIC EMPLOYEEV RETIRFMENT SYSTEM <br />r; <br />r� <br />BY <br />presiding <br />Witness Date tiq <br />Attest: Y l <br />Clerk <br />