1717u
u
<j
RECITALS:
RESOLUTION NO.1717
A RESOLUTION DISCONTINUING THE ADDITION OF FUNDS INTO "PERS
TRUST FUND"625 DURING THE FISCAL YEAR OF 1993 AND FUTURE YEARS
UNTIL DETERMINED NECESSARY
1. The PERS actuarial rates and legislative PERS rates have now become very nearly the same.
Therefore,it appears that adding to this fund during 1993 is not necessary.
RESOLVED:
1. That additional amounts not be added to the PERSTrust Fund during 1993 and amounts not be
added to this fund until deemed necessary.
2. Thatthe balanceinthe PERSfundcontinueto existforthe same purposeas when itwas established
by Resolution #1336, or until some future determination is made by the City Council.
Adopted by the City Council on December 8,1992.
ATTEST:
Finance Director
y^^