MEETING DATE:
NOVEMBER 26, 2024
SUBJECT:
Title
RESOLUTION NO. 2024-9383 - ADDENDUM TO THE CITY MANAGER EMPLOYMENT AGREEMENT
Body
Recommendation
Recommendation
ADOPT a resolution to approve an amendment to the City Manager employment agreement.
Body
Board or Commission Action
Not Applicable
Relevant Council Strategic Theme
Good Governance
Relevant Department Goal
Not Applicable
Executive Summary
In September of 2023, the City Council approved an Employment Agreement for City Manager Michelle Bender. The Employment Agreement provided an initial term of four (4) years. On November 18, 2024, after the City Council satisfactorily reviewed the performance of the City Manager, it approved a two-year extension, in addition to other agreed upon benefit enhancements.
Discussion
After reviewing the City Manager's performance, the City Council has found it to be acceptable. Considering this, the Council wishes to extend the Employment Agreement with Ms. Bender an additional two (2) years. The initial term of the contract would now expire on September 14, 2029. The City Council is also of the opinion that the City Manager's performance warrants a 6.00% merit increase, retroactive to the pay period commencing September 13, 2024. In addition, the City Council has approved a total annual contribution of $30,000 to the City Manager's deferred compensation plan as well as a 1.00% contribution of base salary to the City Manager's group RHS on-going contribution election. The City Council has also approved a one-time annual allotment of 80 hours of additional executive leave.
Fiscal Impact
The benefit enhanced approved the City Council include an additional budget appropriation of $30,400.38, in addition to the cost of the other City management-level benefits that other executive City employees will receive in Fiscal Year 2024-25. The fiscal impact includes the difference between the existing and enhanced direct costs of base salary, defe...
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