HomeMy WebLinkAboutResolution 5433
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Resolution 5433
CITY OF MOUNDS VIEW
COUNTY OF RAMSEY
STATE OF MINNESOTA
RESOLUTION AUTHORIZING SEVERANCE PACKAGES FOR WALLACE
MORTENSON AND DAVID BRICK
WHEREAS, Dave Brick has completed 27 years of service to the City of Mounds
View and Wally Mortenson has completed 28 years of service to the City of
Mounds View; and
WHEREAS, Dave Brick has elected to retire April 28, 2000 and Wally
Mortenson has elected to retire April 30, 2000; and
WHEREAS, Dave and Wally are entitled to the following benefits:
Dave Brick
· 100% of accrued vacation time-estimated at 349 hours (Personnel
Manual, Section 4.35 Separation Compensation)
~-, 349 hours of vacation x $30.10 per hour=$1 0,504.90
· A lump sum payment of fifty percent of sick leave accrual or sixty-five percent
of sick leave accrued as a patrol officer plus fifty percent of sick leave accrued
as Lieutenant for use toward the retiree's group health insurance premium for
as long as the funds are available up to the retiree's 65th birthday. These
funds may be used only for the retiree's health, dental and/or life insurance
and at no time may they be taken for cash or for any other purpose. Dave
Brick has elected the health insurance option which is estimated as follows:
~J 1153 hours of accrued sick leave x 65% x $30.10 per hour=$22,558.45
" 1034.5 hours of accrued sick leave x 50% x $30.10 per
hour=$15,569.23
,', Total: $38,127.68
W.~Jly Mortenson
. 100% of accrued vacation time--147 .23 hours (Personnel Code, Sect.
4.35D)
;:, 147.23 hours of vacation x $18.04 per hour=$2,656.03
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· A lump sum payment of fifty percent of sick leave accrual or sixty-five
percent of sick leave accrued as a Maintenance Worker for use toward the
retiree's group health, dental and/or life insurance premium for as long as
the funds are available up to the retiree's 65th birthday. These funds may
be used only for the retiree's health insurance and at no time may they be
taken for cash or for any other purpose. Wallace Mortenson has elected
the health insurance option which is estimated as follows:
:) 1370.03 hours of accrued sick leave x 65% x $18.04 per hour
. Total: $16,064.98; and
WHEREAS, David Brick is paid from the General Fund and Wallace Mortenson is
paid from the Wastewater Fund, both of which have reserved amounts for
vacation and sick leave payouts,
NOW, THEREFORE BE IT RESOLVED that the Mounds View City Council does
hereby approve the aforementioned provisions for David Brick and Wallace
Mortenson and directs staff to move these funds from their respective reserve
accounts to the general fund for monthly payout as insurance premiums and a
lump sum payment for vacation pay for the abovementioned retirees.
ATTEST
Adopted this 24th day of April, 2000
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Michel Ulrich, Interim City Clerk Administrator
SEAL