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Item No. 08B <br />Type of Business: CB <br />Meeting Date: June 13, 2005 <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 6551 Authorizing Severance Payment for Sergeant <br />Jerry Johnson <br /> <br />Background <br />Jerry Johnson has retired from the Mounds View Police Department effective May 31, <br />2005. Attached is Resolution 6551, which authorizes severance payment to Jerry <br />Johnson. These payments are in accordance with the Mounds View Personnel manual <br />and the LELS Labor Agreement. <br /> <br />Resolution 6551 provides a cash payout for Sergeant Johnson’s vacation time of <br />$1,818.76. This is calculated as 54.65 accrued vacation hours times his hourly rate of <br />$33.28. <br /> <br />Resolution 6551 also provides for a cash payout of Jerry Johnson’s sick time. Jerry <br />Johnson, in accordance with Article 22 of the LELS Sergeant Labor Contract, is eligible to <br />contribute 65% of his accumulated and banked sick leave for contribution to the employee <br />Retirement Health Savings plan. This is calculated as 2,168.73 accrued/banked sick <br />hours times 65% times his hourly rate of $33.28. This comes to $46,914.16 to be <br />contributed to the Retirement Health Savings plan. <br /> <br />Recommendation <br />Staff recommends severance payment and contribution to the Retirement Health Savings <br />Plan for Jerry Johnson in accordance with the City’s Personnel Manual and LELS Labor <br />Agreement. <br /> <br /> <br />Respectfully submitted, <br />Desaree Crane <br /> <br /> <br /> <br /> <br /> <br /> <br />