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. . . RESOLUTION 5519 CITY OF MOUNDS VIEW COUNTY OF RAMSEY STATE OF MINNESOTA RESOLUTION AUTHORIZING SEVERANCE PACKAGE FOR PATRICIA MICHNA WHEREAS, Pat Michna has completed 22 years of service to the City of Mounds View; and WHEREAS, Pat Michna has elected to retire January 31,2001; and WHEREAS, Patricia Michna is entitled to the following benefits per the City of Mounds View Personnel Manual, Section 4.350 Separation Compensation: · 100% of accrued vacation time-estimated at 258.71 hours 271.01 hours of vacation x $18.29 per hour=$4956.77 · Option 1: a lump sum payment of fifty percent of accrued sick leave, or Option 2: sixty-five percent of sick leave accrued for use toward the retiree's group health, dental and/or life insurance premiums for as long as the funds are available up to the retiree's 65th birthday. If Option 2 is elected, these funds may be used only for the retiree's health, dental and/or life insurance premiums and at no time may they be taken for cash or for any other purpose. Pat Michna has elected Option 1 which is estimated as follows: 882.10 hours of accrued sick leave x 50% x $18.29 per hour= $8066.80 · Total: $13,023.57 WHEREAS, Pat Michna is paid from the General Fund (Police Department) which has reserved amounts for vacation and sick leave payouts. NOW, THEREFORE, BE IT RESOLVED that the Mounds View City Council does hereby approve the aforementioned provisions for Pat Michna and directs staff to move these funds from their respective reserve accounts to the General Fund for payout. ATTEST Adopted this 22nd day of January, 2001 .'--...... ~ .....- L/' .: ') - ~-,- Richard Sonterre, Mayor / ^~"A-I~'::--1/.)~c~ Kathle~n Miller, City Administrator SEAL