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Item No. 08C <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 6552 Authorizing Severance Payment for Charlie <br />Hansen <br /> <br /> <br />Charlie Hansen has resigned from his position as Finance Director effective June 3, 2005. <br />In accordance with Section 4.35D, Separation Compensation of the City’s Personnel <br />Manual indicates that an employee will be compensated for accrued vacation time and <br />50% of accrued sick leave upon separation. <br /> <br />Resolution 6552 provides a cash payout of Mr. Hansen’s vacation time of $9,803.91. <br />This is calculated as 259.02 accrued vacation hours times his hourly rate of $37.85. Mr. <br />Hansen was in compliance with vacation carryover provisions of the Personnel Manual at <br />the beginning of the year. <br /> <br />Resolution 6552 also provides a cash payout of Mr. Hansen’s sick time of $5,416.34. <br />This is calculated as 286.20 accrued sick hours times 50% times his hourly rate of <br />$37.85. <br /> <br /> <br />Recommendation <br />Staff recommends severance payment for Charlie Hansen in accordance with Section <br />4.35D of the City’s Personnel Manual. <br /> <br /> <br /> <br />Respectfully submitted, <br />Desaree Crane <br /> <br /> <br /> <br /> <br /> <br /> <br /> <br />