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HomeMy WebLinkAboutTC Res 2020-06-17 (2) RESOLUI'ION NO. 25-2020 � A R�SOLUTION OF TH� TOWN COUNCIL OF THE TOWN OF TIBURON PROVIDING A LUMP-SUM RET�NTION INC�NTIVE TO THE TOWN NIANAG�R AND APNROVING TH� FOURTH AMI',NDM�NT TO TOWN MANAG�R'S EMPLOYM�NT AGR�I:MENT WHEREAS, on December 22, 2016, the Town Council approved a contract for the employmellt of Gregoiy Cl�a�lis to the position of Town Manager ("Manager's Agi•eement"); and WHEREAS, on Februai-y ]. 2017, the Town Council entered into a Fiist Ameildment to the Town Mana�er's Employment Agreelnent ("Fii•st An7ei�dment"); and WHEREAS, on Marell2 l, 2018; the Town Council entered into a Second Anlendment to the Town Manager's En�ployu7ent A�reement ("Second Amendment"); and WHEREAS, on Jw1e 5. 2019, the Town Council entered i�zto a Third Anlendment to the Towi� Manager•'s En�ployment ngreement ("Third Amendment"); and WHEREAS, the Town Cow�cil conducted the Town Managei•'s performance evaluation on June 3, 2020; and WHER�AS, the Town's policy is to offei-compensation packages that are competitivE with similar employers for sin�ilar positions so as to maintain the highest quality staff to serve the public. After com}�leting t1�E Town Manager's annual review, the Couneil has decided to modify the Manager's Ag1-eement and compensation as set forth in the Fourth Amendment to Town Manager's Enlployment Agreement attached l�ereto and incoiporated herein. NOW, THER�FORE, BE IT R�SOLVF,D by tl�e Council of the Town of Tiburon as follows: Section 1. Payable on the first regular payroll following adoption of tl�is Resolution. tl�e Town Manager sl�al] i�eceive a Ilunp-sum retention incentive of$2,990 (subject to applicable payroll taxes). Section 2. Payable followring adoption of this Resolution, the Town Manager sl�all i-eceive a one time lump-sum employer contribution of$5_000 to a Town-sponsored tax-deferi•ed retireinent }�lan, and hereby authorizes the Ma��or to sign tlie attached Fotu�tl� Ainendment to Town Manager's ErnploymenC A��eement. PASSED AND ADOPTF,D at a regular illeeting of the Town Council on Jtu1e 17, 2020, by the following vote: AYES: COUNCILMEMBFRS: Fredericks; Kulik, Ryan, Thier, Welner � NAYS: None Page l of 2 Tow» Council Resolution No. 25-2020 06/]7/?020 • — � ALICE FREDEKICKS. MAYOR � � TOWN OF TIBURON ATT�ST: �� � � � . .�- �� , c.� _ - I.,EA ST �,F�NI. TOWN CLERK Page 2 of 2 Town Council Resolution No. ?5-2020 06/17/2020