File #: #R7099    Version: Name: City Manager Employment Contract Amendment
Type: Resolution Status: Agenda Ready
File created: 1/6/2020 In control: CITY COMMISSION REGULAR MEETING
On agenda: 1/15/2020 Final action:
Title: Temp. Reso. #R7099 authorizing the first amendment of the employment agreement with Vernon E. Hargray to serve as the City Manager, amending Section 5. Benefits, reducing the life insurance coverage from $675,000 to an amount equivalent to the life insurance coverage offered through the City's group term life policy to an employee within the City Manager job classification; and to deposit $11,000 annually, upon the anniversary of the employment agreement, into the City Manager's Long Term Care Rider, or a similar tax equivalent vehicle. (Human Resources Director Randy Cross)
Attachments: 1. R7099 CM Employment Contract Amendment with backup
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CITY OF MIRAMAR

PROPOSED CITY COMMISSION AGENDA ITEM

 

Item Description:

Title

Temp. Reso. #R7099 authorizing the first amendment of the employment agreement with Vernon E. Hargray to serve as the City Manager, amending Section 5. Benefits, reducing the life insurance coverage from $675,000 to an amount equivalent to the life insurance coverage offered through the City’s group term life policy to an employee within the City Manager job classification; and to deposit $11,000 annually, upon the anniversary of the employment agreement, into the City Manager’s Long Term Care Rider, or a similar tax equivalent vehicle. (Human Resources Director Randy Cross)