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HomeMy WebLinkAbout6494 - Consulting Actuaries_.THS:bj s "l 29! 0 it 2 3' 4 5 6 7 8 9 10 11 12' 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 RESOLUTION NO. 6494 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING THE EXECUTION OF A CONTRACT WITH COATES, HERFURTH'AND ENGLAND, CONSULTING ACTUARIES WHEREAS, the City of Newport Beach has a contract with the State Employees' Retirement System under which it is necessary to have an actuarial survey periodically to establish the rate of contribution; and WHEREAS, the State Employees' Retirement System has presented a contract under which Coates, Herfurth and England, Consulting Actuaries, agree to perform the investigation and evaluation required by Section 20127 of the State Employees' Retirement Law at a cost to the City of $412.00; WHEREAS, the City Council has reviewed the terms of the contract and found them to be fair and equitable and in the best interests of the City; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Newport Beach that said contract is approved and that the Mayor and City Clerk are authorized and directed to execute the same on behalf of the City. BE IT FURTHER RESOLVED that a certified copy of this resolution be attached to each copy of the contract returned to the State Employees' Retirement System. ADOPTED this 27th day of December 30 10, 31 ATTEST: 32 Acting City G rk , 1966. L Z y, �', X\ 41im(A` Vice Mayor -1�-N. e, STATE OF CALIFORNIA ) COUNTY OF ORANGE ) CITY OF NEWPORT BEACH) I, LAURA LAGIOS, Acting City Clerk of the City of Newport Beach, California, do hereby certify that according to the records of the City of Newport Beach filed and maintained in my office, the foregoing Resolution No. 6494 was duly and regularly adopted, passed, and approved by the City Council of the City of Newport Beach, California, at a regular meeting of said City Council held at the regular meeting place thereof, on the 27th day of December 1966, by the following vote, to wit: AYES, COUNCILMEN NOES, COUNCILMEN: ABSENT, COUNCILMEN: Rogers, Parsons, Marshall, Forgit, Shelton None Gruber and Cook Dated this 28th day of December City Council, City of Newport Beach, State of California. Ak 7