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RESOLUTION NO. 74-99
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
COSTA MESA, CALIFORNIA, AMENDING CERTAIN SECTIONS
OF THE RETIREMENT PLAN FOR EMPLOYEES OF THE CITY
OF COSTA MESA.
WHEREAS, the Retirement Plan for employees of the City of Costa
Mesa, established as of July 1, 1962, was amended in its entirety as of
July 1, 1973, for the benefit of certain of its employees participating
in said Plan, Section 10.3 is now hereby amended as follows:
SECTION 10.3. Limitation of Benefits
(b) Inasmuch as this Plan was amended, effective
July 1, 1973, to change retirement benefits,
limitations comparable to those set forth in
subparagraph (a) above are also applicable on
the same terms to July 1, 1973, except that:
(1) The individuals to whom the limita-
tions are applicable are the
twenty-five (25) most highly
compensated employees of the
employer on July 1, 1973; rather
than the twenty-five (25) most
highly compensated employees of the
employer on July 1, 1962; and
The remainder of Section 10.3, from Section 10.3 (b) (2) through
the remainder of the section remains the same.
Nothing contained in this Amendment shall be held to alter or
affect any of the provisions of this Plan other than as herein specifically
provided.
The effective date of this amendment is July 1, 1974; this action is
taken non pro tunc.
PASSED AND ADOPTED this 19th day of November, 1974.
ATTEST:
J 7�
City Clerk of the City of Co 0a
Mesa
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
CITY OF COSTA MESA )
Mayor of the City of Costa Mesa
I, EILEEN P. PHINNEY, City Clerk and ex -officio Clerk of the City
Council of the City of Costa Mesa hereby certify that the above and
foregoing Resolution No. 74-99 was duly and regularly passed and adopted
by the said City Council at a regular meeting thereof, held on the 19th
day of November, 1974.
IN WITNESS WHEREOF I have hereunto set my hand and affixed the Seal
of the City of Costa Mesa this 20th day of November, 1974.
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City
Clerk and
ex -officio
Clerk
the
City
Council of
the City
of Co.
Mesa
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