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SR-602-003 (15) f:\person:misc/council\council50 Santa Monica, California Council Meeting: August 14, 2001 TO: Mayor and City Council FROM: City Staff SUBJECT: Ordinance Authorizing an Amendment to the Contract Between the City Council and the Board of Administration of the California Public Employees? Retirement System. INTRODUCTION At its meeting on July 24, 2001, the City Council introduced for first reading an ordinance authorizing an amendment to the contract between the City Council and the Board of Administration of the California Public Employees? Retirement System. The ordinance is now presented to the City Council for adoption. RECOMMENDATION City Staff recommends that the City Council adopt the attached ordinance. Prepared By: Marsh Jones Moutrie, City Attorney Attachments: Ordinance Authorizing an Amendment to the CalPERS Contract Exhibit 1