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