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HomeMy WebLinkAboutResolution 6195 . . RESOLUTION NO. 6195 CITY OF MOUNDS VIEW COUNTY OF RAMSEY 5T A TE OF MINNESOTA RESOLUTION AUTHORIZING SEVERANCE PAYMENT FOR REED KROGH WHEREAS, Reed Krogh has served the City of Mounds View for 27 years; and WHEREAS, Sergeant Reed Krogh's last day of employment with the City was January 31, 2004; and WHEREAS, LELS, Local 232, negotiated to have the cash pay-out option for sick leave for employees hired prior to January 1, 2004 removed from the Sergeant's 2003 labor contract; and WHEREAS, Sergeant Reed Krogh is entitled to the following benefits per the LELS Sergeant's Contract: · 100% of accrued vacation time 220.09 hours of vacation at $31.99 per hour equals $7,040.68 · 65% of sick leave accrued for use toward the retiree's group health, dental, and/or life insurance premiums for as long as the funds are available up to the retiree's 65th birthday. 1,763.50 hours of accrued sick leave times 65% equals 1,146.28 hours. 1,146.28 hours at $31.99 equals $36,669.50. NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Mounds View approves the payment of $7,040.68 of accrued vacation time to Reed Krogh, the reservation of $36,669.50 of accrued sick time for payment of future retiree's group health, dental, and/or life insurance premiums for Reed Krogh, and the future adjustment of these amounts based upon a 2004 labor contract. Adopted this 12th day of January, 2004. ATTEST: ~<Yz'GWa-- Kurt Ulrich, City Administrator . (SEAL)