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HomeMy WebLinkAboutTC Res 2023-11-01 (3)Page 1 of 1 Town Council Resolution No. 43-2023 November 1, 2023 RESOLUTION NO. 43-2023 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF TIBURON AUTHORIZING A ONE-TIME NON-PENSIONABLE RETENTION INCENTIVE PAYMENT TO CURRENT TOWN OF TIBURON EMPLOYEES WHEREAS, the Town Council wishes to provide current Town employees with a one-time retention incentive in recognition of their hard work and dedication over the last several years. NOW, THEREFORE, BE IT RESOLVED, that the Town Council of the Town of Tiburon hereby approves: 1. A one-time, non-pensionable retention incentive payment in the amount of $1,000.00 to all current employees who have worked for the Town for 12 months or more, as of November 1, 2023; and 2. A one-time, non-pensionable retention incentive payment in the amount of $500.00 to all current employees who have worked for the Town for less than 12 months, as of November 1, 2023; and 3. A budget amendment to increase FY 2023-24 appropriations in the amount of $38,000, with the source of funds being American Rescue Plan funds. BE IT FURTHER RESOLVED retention incentives will be disbursed on or prior to December 1, 2023. PASSED AND ADOPTED on this 1st day of November, 2023, by the following vote: AYES: COUNCILMEMBERS: Fredericks, Nikfar, Ryan NAYS: COUNCILMEMBERS: None ABSENT: COUNCILMEMBERS: Thier, Welner JACK RYAN, MAYOR TOWN OF TIBURON ATTEST: LEA DILENA, TOWN CLERK DocuSign Envelope ID: D08B69C3-A1EC-4BA7-99DC-24150E73514C