HomeMy WebLinkAboutResolution_19-12_08/09/2012 RESOLUTION NO. 19 -12
A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF
TEQUESTA, FLORIDA, APPROVING A ONE TIME PERFORMANCE
BASED RECOGNITION COMPENSATION IN THE AMOUNT OF $10,000
FOR THE VILLAGE MANAGER FOR FISCAL YEAR 11/12 IN,
ACCORDANCE WITH SECTION 4. OF THE SECOND EMPLOYMENT
AGREEMENT BETWEEN THE VILLAGE MANAGER AND THE VILLAGE
OF TEQUESTA DATED AUGUST 5, 2010; 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 Agreement being approved dated August 5, 2010 (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;
WHEREAS, the Village Council of the Village of Tequesta believes that along with a
myriad of 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:
Section 1 The PRC as provided for Section 4 of the Village Manager's contract is
hereby authorized in the amount of $10,000 gross (Manager to pay taxes).
Section 2 Appropriate Fund Balance with $5,000 to be paid from the Village's
Operating Fund and $5,000 to be paid from the Village's Enterprise Fund.
Section 3 This Resolution shall become effective immediately upon passage.
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The foregoing Resolution was offered by Council Member Brennan who moved its adoption.
The motion was seconded by Council Member Okun and upon being put to a vote, the vote was
as follows:
For Adoption Against Adoption
Mayor Tom Paterno X
Vice -Mayor Vince Arena Absent
Council Member Abby Brennan X
Council Member Frank D'Ambra X
Council Member Steve Okun X
The Mayor thereupon declared the Resolution duly passed and adopted this 9 day of August,
2012.
MAYOR OF TEQUESTA
Tom Paterno
ATTEST:
EQUFS
Lori McWilliams, M11��;.
Village Clerk Cj` 'n
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