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HomeMy WebLinkAboutResolution_22-10_08/05/2010 RESOLUTION NO. 22 -10 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, FLORIDA, APPROVING A ONE TIME PERFORMANCE BASED RECOGNITITION COMPENSATION AMOUNT FOR THE VILLAGE MANAGER FOR FISCAL YEAR 09/10 IN ACCORDANCE WITH SECTION 4. OF THE AMENDED EMPLOYMENT AGREEMENT BETWEEN THE VILLAGE MANAGER AND THE VILLAGE OF TEQUESTA DATED DECEMBER 14, 2006; PROVIDING AN EFFECTIVE DATE AND FOR OTHER PURPOSES. WHEREAS, the Village of Tequesta has entered into an Employment Agreement with its Village Manager, Michael R. Couzzo, Jr. which has been amended from time to time with the latest amended Agreement being dated December 14, 2006 (the "Agreement "); and WHEREAS, said Agreement provides for additional compensation for the Village Manager based on the past year's performance and is known as "Performance Recognition Compensation" ( "PRC ") according to Section 4 of the Agreement; and WHEREAS, the PRC is solely at the option of the Village Council to be 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 the PRC is in order due, among other things, to the Manager's tireless efforts in working on the Tequesta Bridge Project to ensure its completion in a timely manner, successful negotiations with the various Village bargaining units, and saving the Village a significant amount of money in the renewals of numerous contracts; and WHEREAS, the Village Council of the Village of Tequesta believes that the above - stated accomplishments along with a myriad of other examples of resourceful cost saving measures warrant the award of the PRC and that such an award is in the best interests of the citizens of the Village of Tequesta in order to maintain quality management and ensure stability in the Village. NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS: 1 Section 1 The PRC as provided for Section 4 of the Village Manager's contract is hereby authorized in the amount of Twelve Thousand Dollars ($12,000.00) gross (Manager to pay taxes). Section 2 This Resolution shall become effective immediately upon passage. 2 The foregoing Resolution was offered by Vice -Mayor Paterno who moved its adoption. The motion was seconded by Council Member Humpage and upon being put to a vote, the vote was as follows: For Adoption Against Adoption Mayor Pat Watkins X Vice -Mayor Tom Paterno X Council Member Vince Arena X Council Member Jim Humpage X Council Member Calvin Turnquest X The Mayor thereupon declared the Resolution duly passed and adopted this 5 day of August, 2010. MAYOR OF TEQUESTA �46 �4'� Pat Watkins ATTEST: of �� qTF �ry �61ti J o Lori McWilliams, MMC Village Clerk - ✓UNE .. 'U1I UINete!