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HomeMy WebLinkAboutDocumentation_Regular_Tab 09D_10/06/2003 Agreement between Village of Tequesta and � � ]VIichael R Couzzo, Jr. In the event Michael R. Couzzo, Jr. voluntarily resigns his position with the Village before expiration of the term of this agreement, then Michael R. Couzzo, Jr. shall give the Village sixty (60) days' advance notice and relinquishes any and all rights to the severance benefits provided under this section. SECTION 4. SALARY � Michael R. Couzzo, Jr.'s annua.l salary as ofSeptember 30, 2002, is $92,585.00. Michael R. � Couzzo, Jr.'s annual base salary shall be paid to Michael R. Couzzo, Jr. in equal installments at the same time other employees of the Village are paid. Beginning with the first year of this agreement, Michael R. Couzzo, Jr.'s salary sha11 be increased by three percent (3%). Thereafter, for each subsequent yeaz, Michael R. Couzzo, Jr.'s salary shall be increased four percent (4%) each year until the term of this agreement expires. The Village Co�ncil shall review Michael R. Couzzo Jr.'s performance annually, at least thirty (30) days prior to October 1 of each fiscal year, and decide if additional Performance Recognition Compensation ("PRC"} is apprvpriate. Michael R. Couzzo, Jr. shall be entitled to receive all across-the-bo�rd increases granted to e�nployees of the Viliage and his annual base salary shall be adjusted accordingly. Except as specifically provided for in this section, the granting of salary increases based on Michael R. Cauzzo, Jr.'s performance evaluation is left exclusively to the discretion of the Village Council. If the Village grants Michael R. Couzzo, Jr. PRC, then any arnount specif ed by �esolutioii shall be "net" to Michael R. Couzzo, 3r. SECTION 5. VACATION Michael R. Couzzo, Jr. shall accumulate four (4) weeks of vacation annually on Oetober 1 of each fiscal yeaz. Any leave taken by Michael R. Couzzo, Jr. in excess of eighty (80) consecutive hours shall require prior approval of the Village Council. SECTION 6. AUTOMO�ILE Because employment requires twenty-four (24) hour availability of a vehicle, the Village shall provide an automobile allowance to Michael R. Couzzo, Jr. in the amount of $500.00 per month for use of Michael R. Couzzo, Jr.'s personal vehicle. This figure may be reviewed b� the Village Council periodically and adjusted according to the Bureau of La.bor Statistics, Southeast Regional Office, Consumer Price Index. In addition to the above, Michael R. Couzzo, Jr. shall be compensated at the standard rate approved by the Village Council for official vehicle usage for employer related trips required of the Viltage Manager outside Palm Beach/Martin County areas. Said mileage shali be computed from the outermost timits of the Palm BeachlMartin County areas to . the final destination point. 3