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Title:
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REPORT - APPROVAL OF AMENDMENT NO. 3 TO CITY MANAGER’S EMPLOYMENT AGREEMENT AND INTRODUCTION OF ORDINANCE TO INCREASE THE COMPENSATION OF THE CITY MANAGER BY PROVIDING, EFFECTIVE JULY 8, 2018, (1) A 3% COST OF LIVING SALARY ADJUSTMENT, AND (2) AN INCREASE TO CONTRIBUTION BY THE CITY FOR THE 2018-2019 FISCAL YEAR IN AN AMOUNT EQUAL TO 0.25% OF BASE WAGE TO THE CITY MANAGER’S RETIREE HEALTH SAVINGS PLAN, FOR A TOTAL CONTRIBUTION OF 0.5% OF BASE WAGE
BACKGROUND: The City Manager’s salary and compensation are set by ordinance adopted by City Council as required by the City Charter, and the City’s employment agreement with the City Manager is approved by the Council by resolution.
As established by ordinance, and provided in the City Manager’s employment agreement as previously amended (“Employment Agreement”), the City Manager’s current salary is $19,365 per month.
The Employment Agreement provides that “the City Manager’s compensation shall change by the percentage of the cost of...
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