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HomeMy WebLinkAboutResolution_41-21_9/9/2021RESOLUTION NO. 41-21 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, FLORIDA, APPROVING A ONE TIME PERFORMANCE BASED COMPENSATION AMOUNT FOR THE VILLAGE MANAGER FOR FISCAL YEAR 21/22 IN ACCORDANCE WITH SECTION 5.F. OF THE EMPLOYMENT AGREEMENT BETWEEN THE VILLAGE MANAGER AND THE VILLAGE OF TEQUESTA EFFECTIVE JULY 1, 2019; PROVIDING AN EFFECTIVE DATE AND FOR OTHER PURPOSES. WHEREAS, the Village of Tequesta entered into an Employment Agreement with its Village Manager, Jeremy Allen (the "Agreement") in May 2019, effective July 1, 2019; and WHEREAS, said Agreement provides for the option of additional compensation for the Village Manager based on the past year's performance according to Section S.F. of the Agreement; and WHEREAS, such additional compensation is solely at the option of the Village Council, based on performance; and WHEREAS, the Village Council of the Village of Tequesta has carefully reviewed the Village Manager's performance for the past year and hereby finds it appropriate to provide such additional compensation. NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS: Section 1 Additional performance -based compensation as provided at Section 5.F.4 of the Village Manager's contract is hereby authorized in the amount of $9,035.00, which amount is pre-tax. Taxes and other applicable payroll deductions shall be deducted from this amount, prior to payment. Section 2 This Resolution shall become effective immediately upon adoption. 1 RESOLUTION Date 41-21 09/09/2021 Motion Council Member Molly Young Second Vice -Mayor Kyle Stone FOR AGAINST ABSENT CONFLICT Mayor Frank D'Ambra, III ®x ® ri Vice -Mayor Kyle Stone ®x ® M 171 Council Member Laurie Brandon M © ®x ri Council Member Molly Young ®x ® M ri Council Member Bruce Prince ®x 1:1 E] M The Mayor thereupon declared the Resolution duly passed and adopted. MAYOR OF TEQUESTA: Frank D'Ambra, III -� S EAL INCORPORATED ATTEST: Lori McWilliams, MMC Village Clerk