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Item No. 07D <br />Type of Business: CB <br />Meeting Date: May 22, 2006 <br />City Administrator Review: _____ <br /> <br /> <br />City of Mounds View Staff Report <br />To: Honorable Mayor and City Council <br />From: Desaree Crane, Administrative Assistant <br />Item Title/Subject: Resolution 6821 Authorizing Severance Payment for Police <br />Detective Larry Siluk <br /> <br />Background <br />Larry Siluk has retired from the Mounds View Police Department effective April 30, 2006. <br />Attached is Resolution 6821, which authorizes severance payment to Larry Siluk. These <br />payments are in accordance with the Mounds View Personnel manual and the LELS <br />Police Officers Labor Agreement. <br /> <br />Resolution 6821 provides a cash payout for Larry Siluk’s vacation time of $1,100.43. This <br />is calculated as 34.26 accrued vacation hours times his hourly rate of $32.12. <br /> <br />Resolution 6821 also provides for a cash payout of Larry Siluk’s sick time. In accordance <br />with the LELS Police Officers Labor Contract, is eligible to contribute 65% of his <br />accumulated and banked sick leave for contribution to the employee Retirement Health <br />Savings plan. This is calculated as 1,370.50 accrued/banked sick hours times 65% times <br />his hourly rate of $32.12. This comes to $28,613.46 to be contributed to the Retirement <br />Health Savings plan. <br /> <br />Recommendation <br />Staff recommends severance payment and contribution to the Retirement Health Savings <br />Plan for Larry Siluk in accordance with the City’s Personnel Manual and LELS Police <br />Officers Labor Agreement. <br /> <br /> <br />Respectfully submitted, <br />Desaree Crane <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />