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HomeMy WebLinkAboutResolution_15-25_8/12/2025 RESOLUTION NO. 15-25 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 2024/2025 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 5.F. of the Agreement; and WHEREAS, such additional compensation is solely at the option of the Village Council, based on performance; and WHEREAS, during its July 10, 2025 Council Meeting, the Village Council of the Village of Tequesta has carefully reviewed the Village Manager's performance for FY 2024/2025 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 51.4 of the Village Manager's contract is hereby authorized in the amount of $17,000.00, 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 m m m i RESOLUTION DATE 15-25 08/12/25 MOTION Council Member Jayson E. French SECOND Council Member Laurie Brandon FOR AGAINST ABSENT CONFLICT Mayor Molly Young ✓0 I ❑ Vice-Mayor Rick Sartory '✓ Council Member Laurie Brandon ✓❑ 17 0 7 Council Member Patrick Painter 7 ❑ ❑ ❑ Council Member Jayson E. French ✓� ❑ ❑ The Mayor thereupon declared the Resolution duly passed and adopted. MAYOR OF TEQUESTA: Molly Young ATTEST: INCORPORATED: A s�U�JE 4 � •��Q,,,. Lori McWilliams, MMC Village Clerk