HomeMy WebLinkAboutResolution_39-08_09/11/2008RESOLUTION 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. Couzio, 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.
1
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 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 Vice-Mayor Turnquest who moved its
adoption. The motion was seconded by Council Member Humpage and upon being put
to a vote, the vote was as follows:
Mayor Pat Watkins
Vice-Mayor Calvin Turnquest
Council Member Vince Arena
Council Member Tom Paterno
Council Member Jim Humpage
For Adoption Against Adoption
X
X
X
X
X
The Mayor thereupon declared the Resolution duly passed and adopted this 11 day of
September, 2008.
MAYOR OF TEQUESTA
ATTEST:
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Lori McWilliams, CMC = ~`•, 9'°OggTF~ `~'
Village Clerk °-,~~~`~4, 19~~•0. ,,.-'
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Pat Watkins