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HomeMy WebLinkAboutOrd 1328-2003ORDINANCE NO. 1328-2003 AN ORDINANCE APPROVING AN AMENDMENT TO CONTRACq' BETWEEN THE BOARD OF ADMINISTRATION CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE CITY COUNCIL OF THE CITY OF SOUTH SAN FRANCISCO WHEREAS, the City of South San Francisco has agreed to provide enhancements to the City's retirement system as part of negotiations with members of AFSCME, Teamsters (confidential), POA (non-sworn), Operating Engineers, Mid-Management and Executive Management; and WHEREAS, The California Public Employees' Retirement System staff have prepared the attached Amendment to Contract to implement this enhanced retirement benefit (Section 21362.3 [2.7% @ 55Modified and Full]); and NOW, THEREFORE, the City Council of the City of South San Francisco does ORDAIN as follows: The City Council of the City of South San Francisco does hereby approve an Amendment to the Contract between the Board of Administration California Public Employees' Retirement System and the City Council of the City of South San Francisco attached hereto and incorporated herein by reference. BE IT FURTHER RESOLVED, that the Mayor is hereby authorized to execute the Agreement on behalf of the City. 1. PUBLICATION AND EFFECTIVE DATE This Ordinance shall be published once, with the names of those City Councilmembers voting for or against it, in the San Mateo Times, a newspaper of general circulation in the City of South San Francisco, as required by law, and shall become effective thirty (30) days from and after its adoption. 2. SEVERABILITY In the event any section or portion of this ordinance shall be determined invalid or unconstitutional, such section or portion shall be deemed severable and all other sections or portions hereof shall remain in full force and effect. Introduced at a regular meeting of the City Council of the City of South San Francisco, held the l0th day of September 2003. Adopted as an Ordinance of the City of South San Francisco at a regular meeting of the City Council held the 24th day of September 2003, by the following vote: AYES: Councilmembers Joseph A. Femekes, Richard A. Garbarino, and Raymond L. Green, Mayor Pro Tem Karyl Matsumoto and Mayor Pedro Gonzalez NOES: None. ABSTAIN: None. ABSENT: None. Citp Clerk As Mayor of the City of South San Francisco, I do hereby approve the foregoing Ordinance this 24th day of September 2003. Q~.~~~~~