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HomeMy WebLinkAboutResolution 5313 . - . RESOLUTION NO. 5313 CITY OF MOUNDS VIEW COUNTY OF RAMSEY STATE OF MINNESOTA RESOLUTION AUTHORIZIN(; THE SEVERANCE PACKAGE OF TIM RAMACHER WHEREAS, Tim Ramacher has completcd 28 years of dedicated service to the City of Mounds View; and WHEREAS, he has elected to retire effective March 3 I, 1999; and WHEREAS, he is entitled to severance benefits upon retirement: · 100 % of accumulated vacation time accumulated (Personnel Code Section 4.35 - Separation Compensation); · 1393.575 hours of accumulated and banked sick leave ( $45, 514.16) Jor use towards the retiree's group insurance prcmium for as long as the funds are available up to the retiree's 65th birthday. These funds may be used only for the City's monthly premium payment of the Retiree's health insurancc and at no time may be taken for cash or for any othcr purpose. (1405.5 hours accrued as a linc Officer x 65% x $32.66) + (960 hours accumulated as Chief x 50% x $32.66) NOW, THEREFORE, BE IT RESOLVED the City Council hereby approves the aforementioned provisions for Tim Ramacher's severance package and expresses their sincere appreciation for his 28 years of dedicated service to the City of Mounds View. ATTEST: (SEAL) C2U. .. City Adrrrini;tr~s S. Whiting N:\l!SERS\CARIS\AD~lIN\I'ERSONNE\RA~1AClIER WPD. :;