Laserfiche WebLink
<br />. <br /> <br />. <br /> <br />. <br /> <br />1. Payment of severance pay in the amount of one week of the employee's <br /> <br />annual salary for every year of the employee's service to the City: and <br /> <br />" <br /> <br />Payment of unused vacation and sick leave in an amount equal to the full <br /> <br />amount available of the employee's unused vacation leave at the employee's time of <br /> <br />departure from City service, and 50% of the employee's amount of accumulated sick <br /> <br />leave at the employee's time of departure from the City; and <br /> <br />3. Payment by the City of an amount equivalent to six months of the City's <br /> <br />standard contribution normally paid for an employee's health insurance premiums; and <br /> <br />4. Payment by the City, up to a value of 53,000, for outplacement <br /> <br />employment services. with such payment to be made to an outplacement services <br /> <br />company as agreed upon by the City and employee: and <br /> <br />5. That the offering of the above severance benefits by the City is subject to <br /> <br />the execution of a release of all claims by the employee against the City and its agents, <br /> <br />consultants. employees, former employees, insurers, heirs, executors and assigns. in such <br /> <br />language JS is required and approved by the City. <br /> <br />NOW, THEREFORE. BE IT P0RTHER RESOL VED THAT the City Council directs <br /> <br />City staff to prepare the appropriate doc:lments and J,greements to facilitate the offering and <br /> <br />execution of the severance plan/program JS provided herein. <br /> <br />Adopted this f tf day of December, 1998 <br /> <br />~~~ <br /> <br /> <br />yfayor Duane yfcCarcy <br /> <br />harks S. \Vhiting <br /> <br />SJR.tS-Ul3: <br />MIJ 125..1) <br /> <br />., <br />