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ORDINANCE 1923 <br />ORDINANCE OF THE TOWN OF LOS GATOS <br />AMENDING CONTRACT BETWEEN THE BOARD OF ADMINISTRATION <br />OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM AND THE <br />TOWN OF LOS GATOS TO PROVIDE FOR A 2% <br />AT 55 RETIREMENT BENEFIT <br />THE TOWN COUNCIL OF THE TOWN OF LOS GATOS DOES HEREBY <br />ORDAIN: <br />SECTION I <br />That an amendment to the contract between the Town of Los Gatos and the Board <br />of Administration of the California Public Employees Retirement System is hereby <br />authorized. A copy of said amendment being attached hereto marked Exhibit A and by <br />such reference made a part hereof as though herein set out in full. <br />SECTION II <br />The Mayor of the Town of Los Gatos is hereby authorized, empowered, and directed <br />to execute said amendment for and on behalf of said agency. <br />SECTION III <br />This ordinance takes effect 30 days after it is adopted. Within 15 days after this <br />ordinance is adopted the Town Clerk shall cause it to be published once in a newspaper <br />of general circulation published and circulated in the Town. <br />