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 City of Hermosa Beach --- 04-14-98
CITY OF HERMOSA BEACH MEMORANDUM DATE: MARCH 25, 1998 TO: CITY COUNCIL FROM: J. R. REVICZKY and JULIE OAKES, COUNCILMEMBERS RE: RENEWAL OF CITY MANAGER'S EMPLOYMENT AGREEMENT
RECOMMENDATION: Approve amendment to employment agreement effective January 1, 1998 to December 31, 2000.
BACKGROUND: A committee of the City Council was appointed to review the employment agreement and performance of the City Manager. The attached amendment to the employment agreement reflects the changes agreed to as a result of the negotiations. THIRD AMENDMENT TO CITY MANAGER EMPLOYMENT AGREEMENT
This Third Amendment to City Manager Employment Agreement ("Amendment") is entered into as of the 1st day of January, 1998 by and between the City of Hermosa Beach, California, a municipal corporation ("City"), and Stephen R. Burrell ("Manager").
R E C I T A L S
A. Manager is employed by City as its City Manager pursuant to a City Manager Employment Agreement ("Agreement") dated October 26, 1993, as revised on January 1, 1995 and as amended by a First Amendment to City Manager Employment Agreement dated January 1, 1996 and a Second Amendment to City Manager Employment Agreement dated January 1, 1997.
B. The parties now wish to amend the Agreement to modify certain portions of the Agreement to reflect the results of Manager's performance evaluation.
NOW, THEREFORE, in consideration of the foregoing and the mutual covenants herein contained, the parties agree as follows:
1. Section Two (a) of the Agreement is amended to read as follows:
"City agrees to pay Manager for his services rendered pursuant hereto an annual salary of One Hundred Eleven Thousand Three Hundred Dollars and No Cents ($111,300.00), payable in equal installments at the same time as other employees of City are paid.
2. Section Two (g) of the Agreement is hereby modified to read as follows:
g) The CITY shall pay the full cost of the MANAGER's participation in one of the CITY's deferred compensation programs.
3. Section Three (a) of the Agreement is amended to read as follows:
a) This Agreement shall become effective as of January 1, 1998 and shall expire on December 31, 2000 unless extended by mutual agreement of the parties. Seven (7) months prior to the expiration date of this agreement to any succeeding Agreement, Manager shall notify the City Council in writing of the expiration date. In the event City determines not to renew this agreement, it shall provide Manager written notice of nonrenewal not less than six (6) calendar months prior to December 31, 2000, or any succeeding expiration date. Should City not provide six (6) month's notice of nonrenewal, then this agreement shall be automatically extended for an additional two year term.
In all other respects, the Agreement, as amended, is hereby reaffirmed and in full force and effect.
IN WITNESS WHEREOF, the parties hereto have caused this Amendment to Employment Agreement to be executed as of the date first written above.
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