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HomeMy WebLinkAboutResolution 7465RESOLUTION NO. 7465 CITY OF MOUNDS VIEW COUNTY OF RAMSEY STATE OF MINNESOTA RESOLUTION APPROVING SEVERANCE FOR POLICE OFFICER STEVE GERINGER WHEREAS, Officer Steve Geringer has retired from the Mounds View Police Department effective May 22, 2009; and WHEREAS, the balance of accrued and unused sick leave time is 135.50 hours as of May 22, 2009; and and WHEREAS, the balance of accrued and unused vacation is 166.72 as of May 22, 2009; WHEREAS, Officer Geringer's current rate of pay of $34.71 per hour; and WHEREAS, the maximum potential payout of sick time will be 135.50 hours x 50% x $34.71 = $2,351.60; and WHEREAS, the maximum potential payout of vacation time will be 166.72 x $34.71 = $5,786.85; and WHEREAS, $8,138.45 will be contributed to Officer Geringer's Retirement Health Savings Plan. NOW, THEREFORE, BE IT RESOLVED that the Mounds View City Council approves a one-time payout of sick and vacation time not to exceed $8,138.45 into Officer Steve Geringer's Retirement Health Saving Plan. Adopted this 8th day of June, 2009. Jo I~hefty, Mayor ATTEST: /~ ~,.~ IJVLI~ Jim Ericson, Clerk-Administrator (seal)