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HomeMy WebLinkAboutReso 94-2002RESOLUTION NO. 94-2002 CITY COUNCIL CITY OF SOUTH SAN FRANCISCO A RESOLUTION AUTHORIZING THE CITY MANAGER TO PREPARE AND EXECUTE A SIDE LETTER AGREEMENT WITH THE SOUTH SAN FRANCISCO EXECUTIVE MANAGEMENT UNIT TO EXTEND THE TERM OF THEIR AGREEMENT WITH CITY THROUGH IUNE 30. 2006. RECITALS Whe:eas, the City of South San Francisco and the Executive Management Group have reached tentative agreement on terms for an extension of their current agreement through June 30, 2006; and Whe:eas, the parties have agreed that those terms will be set forth in a Side Letter Agreement to be prepared by the City Manager and subject to approval as to form by the City Attorney; and Now, therefore, the City Council of the City of South San Francisco does hereby resolve as follows: The City Council hereby approves the terms set forth in Exhibit A attached hereto and incorporatec herein by reference and authorizes the City Manager to prepare and execute a Side Letter Agreement between the South San Francisco Executive Management Unit and the City of South San Francisco, subject to approval as to form by the City Attorney. Effective D[te. This resoluti on shall become effective immediately upon adoption. I hereby certify that the foregoing Resolution was regularly introduced and adopted by the City Council of the City of South San Francisco at a regular meeting held on the 23rd day of October 2002 by the following vote: AYES: Councilmembers Joseph A. Femekes, Raymond L. Green and Karyl Matsumoto, Mayor Pro Tern Pedro Gonzalez and Mayor Eugene R. Mullin NOES: None. ABSTAIN: None. ABSENT: None. ATTEST: 2 Exhibit A Executive Management Salary and Benefits 1. Extend the current agreement by three years, ending 06/30/2006. 2. Modify retirement benefits to provide 2.7% retirement formula at age 55 benefit by the payperiod including 12/31/03 by PERS or alternate retirement system. 3. Adjust compensation by standard comparison agencies total compensation salary survey in each year of the extended agreement. 4. Eliminate paid family care leave by 12/31/03.