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Ord 1937 - Amending Chapter 2, Article III, Division 5 of the Town Code Regulating Town's Retirement PlanORDINANCE 1937 ORDINANCE OF THE TOWN OF LOS GATOS AMENDING CHAPTER 2, ARTICLE III, DIVISION 5 OF THE TOWN CODE REGULATING TOWN'S RETIREMENT PLAN BY REPEALING SECTIONS 2.30.705, 2.30.715, 2.30.725, 2.30.730, 2.30.735, 2.30.740, 2.30.745, 2.30.750, 2.30.755, 2.30.760, 2.30.765, 2.30.770, 2.30.775, 2.30.780, 2.30.785, 2.30.790, 2.30.795, 2.30.800, 2.30.805, .2.30.810, 2.30.815, AND 2.30.820 AND RENUMBERING SECTION 2.30.710 TO 2.30.705 AND AMENDING AND RENUMBERING SECTION 2.30.720 TO 2.30.710 THE TOWN COUNCIL OF THE TOWN OF LOS GATOS DOES HEREBY ORDAIN AS FOLLOWS: SECTION I Sections 2.30.705, 2.30.715, 2.30.725, 2.30.730, 2.30.735, 2.30.740, 2.30.745, 2.30.750, 2.30.755, 2.30.760, 2.30.765, 2.30.770, 2.30.775, 2.30.780, 2.30.785, 2.30.790, 2.30.795, 2.30.800, 2.30.805, 2.30.810, 2.30.815, and 2.30.820 of the Code of the Town of Los Gatos are hereby repealed. SECTION II Section 2.30.710 of the Code of the Town of Los Gatos is renumbered to 2.30.705. SECTION III Section 2.30.720 of the Code of the Town of Los Gatos is renumbered to 2.30.710 and amended to read as follows: Sec. 2.30.710. Contract with Public Employees' Retirement System. (a) Approval. The Town Council hereby approves, pursuant to the provisions of Government Code section 20460, that agreement by and between the Town and the Board of Administration of the Public Employees' Retirement System entitled "Contract Between Board of Administration, Public Employees' Retirement System and The Town Council of The Town of Los Gatos," a copy of which is on file in the office of the Town Clerk, and by this reference incorporated herein, if, as and when Ordinance No. 996 of the Town, enacted by the Town Council on February 16, 1970, becomes effective. If, as and when Ordinance No. 996 becomes effective, the Town Council hereby authorizes and directs the Mayor to execute such agreement for and in behalf of the Town Council and the Town at any time between April 23, 1970, and April 28, 1970. MGR062 A: \CNCLRPT8\RETIRE3.0RD -1- (b) Authorized. A contract between the Town Council and the Board of Administration, State Public Employees' Retirement System is hereby authorized, a copy of such contract being attached to the original of Ordinance No. 1059, marked "Exhibit A," and by such reference made a part hereof as though herein set out in full. The Vice -Mayor of the Town Council is hereby authorized, empowered, and directed to execute such contract for and on behalf of such agency. (c) Amendment. An amendment to the contract between the Town Council and the Board of Administration, State Public Employees' Retirement System is hereby authorized, a copy of such amendment being attached to the original of Ordinance No. 1071, marked "Exhibit A," and by such reference made a part hereof as though herein set out in full. The Mayor of the Town Council is hereby authorized, empowered, and directed to execute such amendment for and on behalf of such agency. SECTION IV This ordinance was introduced at a regular meeting of the Town Council of the Town of Los Gatos on April 5, 1993 and adopted by the following vote as an ordinance of the Town of Los Gatos at a regular meeting of the Town Council of the Town of Los Gatos on April .19, 1993. This ordinance takes effect 30 days after it is adopted. COUNCIL MEMBERS: AYES: Randy Attaway, Steven Blanton, Linda Lubeck, Mayor Joanne Benjamin NAYS: None ABSENT: Patrick O'Laughlin ABSTAIN: None SIGNED: YOR OF THE TV OI F LOS GATOS LOS GATOS, CA,LIFA ATT EST: CLERK OF THE TOWN QF LOS GATOS LOS GATOS, CALIFORNIA MGR062 A: \CNCLRPTS \R_vT1RE3.0RD -2-