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10, Public Agency nhsl' also contribut, to said Retiramew System as follows: <br />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 costs of special <br />valuations or of 0t periodic investigation and valuations required by law. <br />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 hoard on account of amendments to the Public Emplovee ' 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 Lair. <br />I2. Contributions required of Public Agency and its employees shall be paid by Public <br />Agency to the Retirement System within fifteen days afier the end of the period to which <br />said contributions refer or as may be prescribed by Board regulation. If more or less <br />than the. correct amount of contributions is paid for any period, proper adjustment shall <br />he 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 shall be effective on the day of 14_ <br />BOARD OF ADMINISTRATION CITY COUNCIL <br />PUBLIC EMPLOYEES' RETIREMENT SYSTEM OFF THE <br />CITY OF SANTA ANA <br />B� <br />Yres <br />CHIEF, CONTR � SFRVICES DIVISION <br />PIJ131JC EMPLOYEE) ' RETIREMENT SYSTEM <br />BY "P <br />Presiding 9cer <br />r Witness Date <br />;6 Attest: <br />Clerk <br />