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ADDENDUM B <br />MOUNDS VIEW/NtV Bg1bM1Un <br />JOINT POWERS AQUATIC AGREEMENT <br />1986 PROPOSED SALARY ARRANGEMENTS <br />The proposed Mounds View/New Brighton Joint Powers Agreement for <br />an Aquatics Director is based on the following factors: <br />1. The annual salary would be $21,000. <br />2. PERA would be paid at a rate of .U425% or $892.50 <br />3. FICA would be paid at a rate of .07051 or $1,480.50 <br />4. Single insurance coverage would be paid at a rate of $66.90 <br />per month or $803.00. <br />S. Workman's compensation would be paid at a rate of .062779 or <br />$1,318.36. <br />Total amount for the position would be $25,494.36 based on four <br />quarterly payments from each municipality would be $3,186.80 or <br />an annual rate of $12,747.18. In addition, standard City bene- <br />fits of sick leave and vacation would be followed as outlined in <br />Chapter 6 of the City of Mounds View's Municipal Code (bee Adden- <br />dum CI. <br />I <br />