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Resolution 5433
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Resolution 5433
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6/25/2019 10:15:12 AM
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1/31/2007 10:14:18 AM
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<br />. <br /> <br />. <br /> <br />e <br /> <br />- <br /> <br />Resolution 5433 <br /> <br />CITY OF MOUNDS VIEW <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br /> <br />RESOLUTION AUTHORIZING SEVERANCE PACKAGES FOR WALLACE <br />MORTENSON AND DAVID BRICK <br /> <br />WHEREAS, Dave Brick has completed 27 years of service to the City of Mounds <br />View and Wally Mortenson has completed 28 years of service to the City of <br />Mounds View; and <br /> <br />WHEREAS, Dave Brick has elected to retire April 28, 2000 and Wally <br />Mortenson has elected to retire April 30, 2000; and <br /> <br />WHEREAS, Dave and Wally are entitled to the following benefits: <br /> <br />Dave Brick <br />· 100% of accrued vacation time-estimated at 349 hours (Personnel <br />Manual, Section 4.35 Separation Compensation) <br /> <br />~-, 349 hours of vacation x $30.10 per hour=$1 0,504.90 <br /> <br />· A lump sum payment of fifty percent of sick leave accrual or sixty-five percent <br />of sick leave accrued as a patrol officer plus fifty percent of sick leave accrued <br />as Lieutenant for use toward the retiree's group health insurance premium for <br />as long as the funds are available up to the retiree's 65th birthday. These <br />funds may be used only for the retiree's health, dental and/or life insurance <br />and at no time may they be taken for cash or for any other purpose. Dave <br />Brick has elected the health insurance option which is estimated as follows: <br /> <br />~J 1153 hours of accrued sick leave x 65% x $30.10 per hour=$22,558.45 <br /> <br />" 1034.5 hours of accrued sick leave x 50% x $30.10 per <br />hour=$15,569.23 <br /> <br />,', Total: $38,127.68 <br /> <br />W.~Jly Mortenson <br /> <br />. 100% of accrued vacation time--147 .23 hours (Personnel Code, Sect. <br />4.35D) <br />;:, 147.23 hours of vacation x $18.04 per hour=$2,656.03 <br />
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