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MINUTES Page 4 <br />City of San Leandro City Council and San Leandro Redevelopment Agency Joint Meeting-February 16, 2010 <br />10. ACTION ITEMS <br />Public comments are limited to 3 minutes per speaker per item, subject to adjustment by the <br />Mayor. <br />A. Matter of Public Notice of the Cost Estimate to Execute Government Code Section <br />20903, Pursuant to the City's Contract with the California Public Employees' <br />Retirement System (Ca1PERS), to Provide Two Years' Additional Service Credit for <br />City Employees in Identified Classifications (provides cost estimate fora "Golden <br />Handshake" for 19 job classifications). <br />City Manager Hollister reported that the City proposes to offer another round of <br />retirement incentive to selected employees, as a means to avoid layoffs. Nineteen job <br />classifications have been identified. Of the 36 eligible employees in these <br />classifications, approximately 30-35% will likely accept the incentive. Mr. Hollister <br />noted that when the incentive was offered last year, 42% of eligible employees accepted <br />the offer. <br />Human Resources Director Justinian Caire presented information on the proposed <br />program. He reported that in the identified classifications, employees aged 50 or older <br />with at least five years of City service are eligible for the retirement incentive. The <br />dollar figure reported represents the savings that would be realized if all the eligible <br />employees took the offer, and their positions remained unfilled. <br />Mr. Caire and Mr. Hollister responded to questions from the Council. <br />• Minute Order No. 2010-015, Motion Accepting Report Giving Public Notice of <br />the Cost Estimate to Provide the Two Years' Additional Service Credit Benefit <br />Provisions of the City of San Leandro's Contract with CalPERS, Pursuant to <br />Government Code Section 20903. (1092) <br />The City Council accepted the report giving public notice of the cost estimate <br />to provide the two years' additional service credit benefit provisions of the <br />City of San Leandro's contract with Ca1PERS, pursuant to Government <br />Code Section 20903. <br />M/S/C Reed and Prola. Ayes: 7; Noes: 0 <br />B. Report on Closed Session Actions Taken <br />None. <br />11. CITY COUNCIL REPORTS <br />A. Reports on Intergovernmental Agencies <br />