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HomeMy WebLinkAboutDocumentation_Regular_Tab7a_09/11/2008l," 1. VILLAGE COUNCIL MEETING: VILLAGE OF TEQUESTA AGENDA ITEM TRANSMITTAL FORM Meeting Date: 9/11 /08 Meeting Type: Regular Ordinance #: Click here to enter text. Consent Agenda: Choose an item. Resolution #: 39-08 Originating Department: Council 2. AGENDA ITEM TITLE: (Wording form the SUBJECT line of your staff report) Resolution 39-08, Approving a one time Performance Based Recognition Compensation for the Village Manager for FY 07/08 3. BUDGET /FINANCIAL IMPACT: Account #: j;;EEI,i~ l~~be t~r~er~ext, Jl.~ L,~ yG~ ~.E°t"t _ _~S~_ ~c Amount of this item: 15% of Base Salary Current Budgeted Amo unt Available: Amount Remaining after item: u ~~ VC ~'' ~ t. l 7 L// Budget Transfer Required: Choose .~~, Appropriate Fund Balance: C`sr~ ~~~~. 4. EXECUTIVE SUMMARY OF MAJOR ISSUES: (This is a snap shot description of the agenda item) Click here to enter text. 5. APPROVALS: Dept. Head: Attorney: (for legal sufficiency) Village Manager: :~ Finance Director: [Reviewed for Financial Sufficiency ^ No Financial Impact • SUBMIT FOR COUNCIL DISCUSSION: ^ • APPROVE ITEM: ^ • DENY ITEM: ^ Form amended 08/26/08 Yes ^ No ^ Routing Sheet Process 1. Send ALL completed forms to Finance for review ONE WEEK prior to agenda items due into Clerk's Office. 2. Finance sends Routing Sheet to Clerk by deadline. 3. Clerk formulates agenda and sends to Mananar fnr raviaw / annrnval RESOLUTION NO. 39-08 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 07/08 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 to the savings to the Village of one million dollars in refinancing the utility bonds, the Manager's successful negotiation of contracts with the various bargaining units, the compilation of a budget that lowers taxes and the management of the utility in such a manner as to maintain the utility rates when most municipal utilities are increasing same; 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 fifteen percent (15%) of the Village Manager's base salary. Section 2 This Resolution shall become effective immediately upon passage. The foregoing Resolution was offered by moved its adoption. The motion was seconded by upon being put to a vote, the vote was as follows: who and For Adoption Against Adoption Mayor Patricia Watkins Vice-Mayor Calvin Turnquest Council Member Vince Arena Council Member Jim Humpage Council Member Tom Paterno The Mayor thereupon declared the Resolution duly passed and adopted this l l~' day of September, 2008. MAYOR OF TEQUESTA Pat Watkins ATTEST: Lori McWilliams, CMC, Village Clerk Y:\doca\Tequesta\Rpolutions12008\39-08-Manager PRC.doc 2