City of Industry

City Council

5.3 Consideration of Resolution No. CC 2023-02 - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF INDUSTRY, CALIFORNIA, APPROVING THE AGREEMENT AND ELECTION TO PREFUND EMPLOYER CONTRIBUTIONS TO A DEFINED BENEFIT PENSION PLAN WITH THE CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM INTERNAL REVENUE CODE SECTION 115 CALIFORNIA EMPLOYERS' PENSION PREFUNDING TRUST FUND RECOMMENDING ACTION: Adopt Resolution No. CC 202302.