City of Industry

City Council

February 23, 2023 Order of Business 5 #3

Agenda Item 3

5.3 Consideration of Resolution No. CC 2023-02 - A RESOLUTION OF THE\nCITY COUNCIL OF THE CITY OF INDUSTRY, CALIFORNIA,\nAPPROVING THE AGREEMENT AND ELECTION TO PREFUND\nEMPLOYER CONTRIBUTIONS TO A DEFINED BENEFIT PENSION\nPLAN WITH THE CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT\nSYSTEM INTERNAL REVENUE CODE SECTION 115 CALIFORNIA\nEMPLOYERS' PENSION PREFUNDING TRUST FUND\nRECOMMENDING ACTION: Adopt Resolution No. CC 202302.