Attachment 1
ORDINANCE NO. 2023-04
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
CORONADO, CALIFORNIA, AUTHORIZING AN AMENDMENT
TO THE CONTRACT BETWEEN THE CITY COUNCIL OF THE
CITY OF CORONADO AND THE BOARD OF ADMINISTRATION
OF THE CALIFORNIA PUBLIC EMPLOYEES’ RETIREMENT
SYSTEM
The City Council of the City of Coronado does ordain as follows:
SECTION ONE:
That an amendment to the contract between the City Council of the City of Coronado and the Board of Administration, California Public Employees' Retirement System is hereby authorized, a copy of said amendment being attached hereto, marked Exhibit, and by such reference made a part hereof as though herein set out in full.
SECTION TWO:
The Mayor of the City Council is hereby authorized, empowered, and directed to execute said amendment for and on behalf of said Agency.
SECTION THREE:
This ordinance was introduced on November 7, 2023.
SECTION FOUR:
This Ordinance shall be effective thirty (30) days after its adoption. The City Clerk is directed to prepare and have published a summary of this ordinance no less than five days prior to the consideration of its adoption and again withing 15 days following the adoption, indicating the votes cast pursuant to the provisions of Government Code Section 36933.
INTRODUCED AND FIRST READ at a regular meeting of the City Council of the City of Coronado, California, on the 7th day of November 2023; and PASSED, ADOPTED, AND APPROVED by the City Council of the City of Coronado at a regular meeting thereof this 5th day of December 2023 by the following vote to wit:
AYES:
NAYS:
ABSTAIN:
ABSENT:
APPROVED:
____________________________________
RICHARD BAILEY, Mayor of the
City of Coronado, California
ATTEST:
_______________________________
KELSEA HOLIAN, City Clerk of the
City of Coronado, California
Attachment 1
*****
STATE OF CALIFORNIA )
COUNTY OF SAN DIEGO : ss.
CITY OF CORONADO )
I, KELSEA HOLIAN, City Clerk of the City of Coronado, hereby certify that the foregoing ORDINANCE NO. 2023-04 passed at the regular meeting of the City Council of the City of Coronado held on the 5th day of December 2023 after having been read at the regular meeting of said City Council held on the 7th day of November 2023. _______________________________
KELSEA HOLIAN, City Clerk of the
City of Coronado, California
ORDINANCE NO. 2023-04
A_
CalPERS
California
Public Employees' Retirement System
AMENDMENT TO CONTRACT
Between the
Board of Administration
California PubHc Employees' Retirement System
and the
City Council
City of Coronado
The Board of Administration, California Public Employees' Retirement System, hereinafter referred to as Board, and the governing body of the above public agency, hereinafter referred to as Public Agency, having entered into a contract effective January 1, 1949, and witnessed December 28, 1948, and as amended effective January 1, 1957, July 1, 1959, October 1, 1975, November 3, 1977, July 1, 1980, October 8, 1988, April 6, 1997, June 18, 1999, September 16, 2000, August 18, 2001, June 15, 2002, January 10, 2004, January 19, 2007, and July 6, 2019, which provides for participation of Public Agency in said System, Board and Public Agency hereby agree as follows:
A. Paragraphs 1 through 15 are hereby stricken from said contract as executed effective July 6, 2019, and hereby replaced by the following paragraphs numbered 1 through 15 inclusive:
1. All words and terms used herein which are defined in the Public Employees' Retirement Law shall have the meaning as defined therein unless otherwise specifically provided. "Normal retirement age" shall mean age 60 for classic local miscellaneous members, age 62 for new local miscellaneous members, age 50 for classic local safety members, and age 57 for new local safety members.
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