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ORDINANCE 2208 <br />ORDINANCE OF THE TOWN OF LOS GATOS AUTHORIZING AN AMENDMENT <br />TO THE CONTRACT BETWEEN THE TOWN COUNCIL OF THE TOWN OF LOS <br />GATOS AND THE BOARD OF ADMINISTRATION OF THE CALIFORNIA PUBLIC <br />EMPLOYEES' RETIREMENT SYSTEM TO ADD A SECOND RETIREMENT TIER <br />(TO PROVIDE SECTION 21353 (2% @ 60 FULL FORMULA) FOR NONSWORN <br />( "MISCELLANEOUS ") EMPLOYEES <br />THE TOWN COUNCIL OF THE TOWN OF LOS GATOS DOES ORDAIN AS <br />FOLLOWS: <br />SECTION I <br />That an amendment to the contract between the Town Council of the Town of Los Gatos and the <br />Board of Administration, California Public Employees' Retirement System is hereby authorized, <br />a copy of said amendment being attached hereto, marked "Exhibit A ", and by such reference <br />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 to execute <br />said amendment for and on behalf of said Agency. <br />SECTION III <br />In the event that any part of this ordinance is held to be invalid, the invalid part or parts <br />shall be severed from the remaining portions which shall remain in full force and effect. <br />SECTION IV <br />This ordinance was introduced at a regular meeting of the Town Council of the Town of <br />Los Gatos on May 21, 2012 and adopted by the following vote as an ordinance of the Town of <br />Los Gatos at a regular meeting of the Town Council of the Town of Los Gatos on August 6, <br />2012. <br />