RESOLUTION NO. _____________

BOARD OF SUPERVISORS, COUNTY OF SAN MATEO, STATE OF CALIFORNIA

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RESOLUTION AUTHORIZING APPROVAL OF A FIRST AMENDMENT TO THE AGREEMENT BETWEEN THE COUNTY OF SAN MATEO AND MILLIMAN, INC.; AND AUTHORIZING THE COUNTY MANAGER TO EXECUTE SUBSEQUENT AMENDMENTS AND MINOR MODIFICATIONS IN THE TYPES OF SERVICES AND ACTIVITIES PROVIDED BY MILLIMAN, INC. UNDER THE AGREEMENT, THE CUMULATIVE COST OF WHICH AMENDMENTS AND MODIFICATIONS IS NOT TO EXCEED $25,000

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RESOLVED, by the Board of Supervisors of the County of San Mateo, State of California, that

 

WHEREAS, on September 14, 2005, the County entered into an Agreement with Milliman, Inc. to provide actuarial services in the amount of $100,000; and

 

WHEREAS, there has been presented to this Board of Supervisors for its consideration and acceptance an amendment to the Agreement with Milliman, Inc. increasing the contract amount by $25,000, for a new total contract amount of $125,000 to cover costs associated with completing a second full actuarial valuation to determine liability and accounting expense in compliance with GASB 45 requirements related to other post-employment benefits;

 

NOW, THEREFORE, IT IS HEREBY DETERMINED AND ORDERED that the President of the Board of Supervisors be, and is hereby, authorized and directed to execute said amendment for and on behalf of San Mateo County, and the Clerk of the Board shall attest his signature thereto.

 

BE IT FURTHER RESOLVED, that the County Manager is hereby authorized to execute minor amendments and modifications to the Agreement not to exceed $25,000.