Laserfiche WebLink
<br />. <br /> <br />. <br /> <br />. <br /> <br />· A lump sum payment of fifty percent of sick leave accrual or sixty-five <br />percent of sick leave accrued as a Maintenance Worker for use toward the <br />retiree's group health, dental and/or life insurance premium for as long as <br />the funds are available up to the retiree's 65th birthday. These funds may <br />be used only for the retiree's health insurance and at no time may they be <br />taken for cash or for any other purpose. Wallace Mortenson has elected <br />the health insurance option which is estimated as follows: <br /> <br />:) 1370.03 hours of accrued sick leave x 65% x $18.04 per hour <br /> <br />. Total: $16,064.98; and <br /> <br />WHEREAS, David Brick is paid from the General Fund and Wallace Mortenson is <br />paid from the Wastewater Fund, both of which have reserved amounts for <br />vacation and sick leave payouts, <br /> <br />NOW, THEREFORE BE IT RESOLVED that the Mounds View City Council does <br />hereby approve the aforementioned provisions for David Brick and Wallace <br />Mortenson and directs staff to move these funds from their respective reserve <br />accounts to the general fund for monthly payout as insurance premiums and a <br />lump sum payment for vacation pay for the abovementioned retirees. <br /> <br />ATTEST <br /> <br />Adopted this 24th day of April, 2000 <br /> <br />/ ... -') I- <br />/- ,. ILKA- .' ,:.{-^--.. '\ ( <br /> <br />( Dan ~~u~~.~,-Mq. r _ -'._ <br />. 4;(~/( - / / L.-~A'Vi <br /> <br />.." f I - .- <br />Michel Ulrich, Interim City Clerk Administrator <br /> <br /> <br />SEAL <br />