HomeMy WebLinkAboutMINUTES - 04071987 - 1.34 TO BOARD OF SUPERVISORS
FROM: Phil Batchelor Contra
County Administrator Costa
DATE*. April 1; 1987 . County
SUBJECT:
Legislation: Assembly Bill 1634 ( Campbell)
SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION
RECOMMENDATION•
Adopt a position of support for AB 1634 by Assemblyman Bob
Campbell which would indemnify the Retirement Board and the Board
of Supervisors from liability for damages resulting from
decisions to divest the investments of the Retirement System or
County in firms doing business in South Africa.
BACKGROUND:
One of the items in the Board' s 1987 Legislative Program was a
request for legislation which would indemnify the members of the
Retirement Board and Board of Supervisors from liability for
damages resulting from any decisions to divest the investments of
the Retirement Board or County in firms doing business in South
Africa.
Assemblyman Campbell has introduced AB 1634 which provides this
indemnification. The bill, as introduced, is based on a proposal
submitted by James Rodgers on behalf of R.O.A.R. We have asked
County Counsel to review the bill as introduced, and suggest any
amendments he believes are. necessary in order to achieve the
goals of the Board of Supervisors and the Retirement Board.
Since AB 1634 achieves one portion of the Board' s 1987
Legislative Program, we recommend that the Board support AB 1634
with whatever amendments County Counsel believes are necessary.
CONTINUED ON ATTACHMENT: YES SIGNATURE:
X RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE
X APPROVE OTHER
SIGNATURE S : G/%2 (
ACTION OF BOARD ON April > 1987 APPROVED AS RECOMMENDED OTHER
VOTE OF SUPERVISORS
1 HEREBY CERTIFY THAT THIS IS A TRUE
UNANIMOUS (ABSENT ) AND CORRECT COPY OF AN ACTION TAKEN
AYES: NOES: AND ENTERED ON THE MINUTES OF THE BOARD
ABSENT: ABSTAIN: OF SUPERVISORS ON THE DATE SHOWN.
CC: County Administrator ATTESTED A P R" 7 1987
Retirement Administrator
County Treasurer CSAC Director - PHIL BATCHELOR, CLERK OF THE BOARD OF
County Counsel
Assemblyman Bob Campbell SUPERVISORS AND COUNTY ADMINISTRATOR
D. J. Smith Associates �,i�l,�,
M3827ac on/Barish & Associates BY (, ,DEPUTY