Sponsor:  City Manager                       

CITY OF HOMER

HOMER, ALASKA

 

RESOLUTION 05-77 (S)

 

A RESOLUTION OF THE CITY COUNCIL OF HOMER, ALASKA AUTHORIZING THE AMENDMENT OF THE CITY OF HOMER, ALASKA AND PERS (PUBLIC EMPLOYEE’S RETIREMENT SYSTEM) PARTICIPATION AGREEMENT TO ADD THE CLAUSE “EXCLUDING CHIEF OF POLICE AND POLICE OFFICER IV EMPLOYEES” EFFECTIVE JULY 1, 2005.

 

 

            WHEREAS, the City of Homer wishes to amend the agreement dated May 1, 1986 to exclude the Chief of Police and Police Officer IV employees.

 

NOW THEREFORE BE IT RESOLVED, by the City Council of the City of Homer, Alaska, that

 

1. Page 1 of the Public Employees Retirement System Participation Agreement A. (2) will add the clause “Excluding the Chief of Police and Police Officer IV Employees effective July 1, 2005.”

 

PASSED AND ADOPTED by the Homer City Council on this 27th day of June 2005.

 

                                                                        CITY OF HOMER

 

 

                                                            _________________________________

                                                                        JAMES HORNADAY, MAYOR

 

ATTEST:

 

 

 

_______________________________________

MARY L. CALHOUN, CMC, CITY CLERK

 

 

Fiscal Impact:  Estimated annual budget reduction of $91,690.00.