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Reso 2003-565
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Reso 2003-565
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Last modified
3/5/2018 10:42:23 AM
Creation date
1/25/2006 1:57:21 PM
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CityClerk-Resolutions
Resolution Type
Resolution
Resolution Number
2003-565
Date (mm/dd/yyyy)
06/19/2003
Description
– Ratify Terms & Conditions of Employee Contract for City Manager (Christopher Russo).
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<br />, T" <br /> <br />.' <br /> <br />shall not be construed to include occasional teaching, writing, consulting, or military <br />reserve service performed on employee's time off. <br /> <br />SECTION 3. SALARY <br /> <br />A. Effective October 1, 2003, the annual base salary of Employee shall be increased to <br />$156,000 which shall be payable in installments at the same time as other <br />Employees of the City are paid. <br /> <br />B. The City Commission agrees to evaluate the performance of the Employee to <br />determine any adjustment in annual salary and/or benefits at least once annually, <br />pursuant to the terms of this Agreement. Any adjustments in said annual salary <br />and/or benefits should be based upon the results of the performance evaluation, <br />within the sole discretion of the City Commission. <br /> <br />SECTION 4. AUTOMOBILE <br /> <br />The Employee requires the use of an automobile in the furtherance of his duties. The <br />City shall provide Employee a City-owned vehicle and shall insure, maintain and repair <br />that vehicle provided however that when employee uses the vehicle for his own personal <br />use he shall pay for his own fuel costs. <br /> <br />SECTION 5. RETIREMENT/DEFERRED COMPENSATION <br /> <br />A. The City shall contribute into a Retirement Program chosen by the Employee, a <br />monthly contribution equivalent to 12% of annual salary. <br /> <br />B. If Employee desires to participate in the ICMA deferred compensation programs, the <br />City agrees to execute all necessary documents or agreements provided by the <br />ICMA Retirement Corporation and contribute into the ICMA deferred compensation <br />programs on behalf of Employee at the level provided in paragraph (A) above. <br /> <br />SECTION 6. LIFE INSURANCE AND DISABILITY INSURANCE <br /> <br />The City shall continue to pay the premiums for the Employee on the following: <br />1. $100,000 whole life insurance policy <br />2. $300,000 term life insurance policy <br />3. Disability policy equivalent to the amount of annual salary. <br /> <br />SECTION 7. HEALTH-DENTAL AND VISION COVERAGE <br /> <br />The City agrees to provide the Employee with full family coverage for Health, <br />Hospitalization, Dental and Vision Care as may be provided to other employees or the <br />City shall pay for the full premium for such coverage, unless employee elects to receive <br />the equivalent dollar cost. <br /> <br />Manager's Amended Employment Agreement 2 <br />A:/ch <br />6/16/2003 -- 10:44 AM <br />
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