City Council

14.7 Consideration and Approval of a Resolution of Intention to Approve an Amendment to\nthe Contract Between the Board of Administration of the California Public Employee’s\nRetirement System (CALPERS) and the City Council of the City of El Monte.\nRECOMMENDATION OF BUSINESS ITEM UNDER CONSIDERATION:\nIt is recommended that the City Council:\n1. Consider and approve the attached Resolution of Intention to Approve an Amendment to\nthe Contract between the Board of Administration of California Public Employees’\nRetirement System and the City Council of City of El Monte.\nTotal Cost: $73,000 Account No: 200-11-112-5225\nIs the cost of this item budgeted? Yes 100-71-711-5229\nResolution No. 10463