***Adopted***

AMENDMENT No. 1 PROPOSED TO

Senate Bill NO. 2932

By Senator(s) Chaney

AMEND line 13 by striking the language after the period and by striking lines 14, 15 and 16, and inserting in lieu thereof the following:

Such contracts shall be for a term that complies with law and may, in the discretion of the governing authority, extend beyond the term of office of the persons who are members of the governing authority when the contract is entered into. Such contracts shall provide compensation to the public entity that is fair and adequate consideration, in the determination of the governing authority, in