City Council

13.1 A Public Hearing to Consider and Approve for First Reading of an Ordinance to Amend\nthe Contract Between the Board of Administration of the California Public Employees’\nRetirement System and the City Council of the City of El Monte.\nRECOMMENDATION OF BUSINESS ITEM UNDER CONSIDERATION:\nIt is recommended that the City Council:\n1. Open the public hearing;\n2. Receive brief presentation of City staff and pose questions to City staff;\n3. Receive comment from members of the public;\n4. Pose closing questions to City staff;\n5. Close the public hearing; and\n6. Consider and approve for first reading of the attached Ordinance to Amend the Contract\nbetween the Board of Administration of California Public Employees’ Retirement System\nand the City Council of the 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\nOrdinance No. 3028