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<br />Resolution 5593 <br /> <br />CITY OF MOUNDS VIEW <br />COUNTY OF RAMSEY <br />STATE OF MINNESOTA <br /> <br />RESOLUTION AUTHORIZING SEVERANCE <br />PAYMENT FOR LARRY DECHEINE <br /> <br />WHEREAS, Larry Decheine has served the City of Mounds View for 31 years; and <br /> <br />WHEREAS, Larry Decheine’s last day of employment with the City will be July 31, 2001; <br />and <br /> <br />WHEREAS, Larry Decheine is entitled to the following benefits per the City of Mounds <br />View Personnel Manual, Section 4.35D Separation Compensation: <br /> <br />• 100% of accrued vacation time-estimated at 98.94 hours <br /> <br />o 98.94 hours of vacation x $18.58 per hour=$1838.31 <br /> <br />• Option 1: a lump sum payment of fifty percent of accrued sick leave, or <br />Option 2: sixty-five percent of sick leave accrued for use toward the retiree’s group <br />health, dental and/or life insurance premiums for as long as the funds are available up <br />to the retiree’s 65th birthday. If Option 2 is elected, these funds may be used only for <br />the retiree’s health, dental and/or life insurance premiums and at no time may they be <br />taken for cash or for any other purpose. <br />Larry Decheine has elected Option 2 which is estimated as follows: <br />o 1877.59 hours of accrued sick leave x .65% x $18.58 per hour= $22,675.65 <br />• Total: $24,513.96 <br /> <br />WHEREAS, Larry Decheine is paid from the Sewer and WaterSurface funds. <br /> <br />NOW, THEREFORE, BE IT RESOLVED that the Mounds View City Council does hereby <br />approve the aforementioned provisions for Larry Decheine and directs staff to move <br />these funds from their respective reserve accounts to the General Fund for payout. <br /> <br /> <br />ATTEST Adopted this 23rd day of July, 2001 <br /> <br /> <br /> Richard Sonterre, Mayor <br /> <br />SEAL <br /> Kathleen Miller, City Administrator <br />