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R03-150RESOLUTION NO. R03- 1 5 0 A RESOLUTION OF THE CITY OF BOYNTON BEACH, FLORIDA, REAFFIRMING THE APPOINTMENT OF KURT BRESSNER AS CITY MANAGER OF THE CITY OF BOYNTON BEACH, FLORIDA AND AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE AN AMENDMENT TO THE EMPLOYMENT AGREEMENT ON BEHALF OF THE CITY WITH KURT BRESSNER, AND PROVIDING AN EFFECTIVE DATE. WHEREAS, on the 6th day of May, 2003, the City Commission conducted a evaluation of the City Manager; and WHEREAS, the City Commission has determined that salary and benefit >ns are to be made to the employment agreement between the City of Boynton and Kurt Bressner, City Manager, as set forth in the Amendment attached hereto as NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF BOYNTON BEACH, FLORIDA, THAT: Section 1. The City Commission of the City of Boynton Beach, Florida authorizes the Mayor and City Clerk to execute an Amendment to the Employment Agreement between the City of Boynton Beach and Kurt Bressner, City Manager, a copy of the Amendment being attached hereto as Exhibit "A". Section 3. This Resolution shall become effective immediately upon passage. PASSED AND ADOPTED this la~ day of August, 2003. S:\CA\RESO\Employment Matters\Bressner Renewal 081203.doc AMENDMENT TO EMPLOYMENT AGREEMENT WHEREAS, the City Commission conducted a performance review of the City Manager on , and reaffirmed the appointment of Kurt Bressner as City Manager of the City of Boynton Beach; and WHEREAS, it is the desire of the City Commissioners, hereinafter called "Commission" to provide certain benefit enhancements to the Employment Agreement entered into between the City and Kurt Bressner, dated March 7, 2000; NOW, THEREFORE, the Commission and City Manager agree as follows: That paragraph 2.0 Salary. Sub-section 2.1, is hereby amended by adding the words and figures in underlined type and by deleting the words and figures in struck-through type, as follows: 2.1. City agrees to pay City Manager for his services an annual salary of HUNDRED TWENTY THREE THOUSAND ($123,000) DOLLARS payable in equal periodic installments, paid at the sine time that other m~agehal employees of the City ~e paid. Said sal~ adjustment shall be retro-active t~ April L 2003. That 10.0 Vacation, Sick Leave, Disability, Dental, Health, Life Insurance, Retirement, Memberships and Professional/Education Development subsection 10.4, is hereby amended by adding the words and figures in underlined type and by deleting the words and figures in struck-through type, as follows: 10.4. City and City Manager agree to execute all necessary agreements provided by the International City/County Management Association- Retirement Corporation (ICMA-RC) for City Manager's participation in said ICMA-RC retirement plan, a~ ......· ~* + .... ~-~-~ ...... v-~ w-~,~ ~d to tr~sfer ownership to succeeding City or the City M~ager upon City M~ager's resi~ation or disch~ge. 10.4A. The City agrees to permit the City Manager to participate in the City's General Employee Pension System retroactive to date of employment, April 10, 2000, provided that the employee share of pension costs, including retroactive cost and interest, are paid by the City Manager personally or by the retirement account set forth in paragraph 10.4B. 10.4B. In addition to the salary_ paid by the City to City Manager, the City agrees to pay an amount equal to ten (10%) of the City Manager's base salary_ or, $1 1,810 annually, whichever is less, a retirement account on behalf of the City Manager. The City Manager, shall annually direct distribution of the funds into either the ICMA-RC Fund or the City's General Elnployee Pension Fund. 3. Each and every other paragraph of said Employment Agreement dated March 7, 2000, not specifically herein amended shall remain in full force and effect. IN WITNESS WHEREOF, the City of Boynton Beach, Florida has caused this Agreement to be signed and executed in its behalf by its Mayor and duly attested to by its City Clerk on the tr'/ day of ,4~4q,~..~i- ,2003. )SmleaYA. (~herof~Attomey CITY OF BOYNTON BEACH, FLORIDA Dated: ~ - 17 - c_. :3 Dated: cr-) - i cf _ ¢:. 53 ATTEST: ~:\CA\RESO\Employment Matters\Bressner Renewal 081203.doc