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HomeMy WebLinkAboutResolution 8575 RESOLUTION NO. 8575 CITY OF MOUNDS VIEW COUNTY OF RAMSEY STATE OF MINNESOTA RESOLUTION APPROVING SEVERANCE PAYMENT TO POLICE CHIEF TOM KINNEY WHEREAS, Tom Kinney submitted his resignation and his last day of employment was April 29, 2016; and WHEREAS, the balance of accrued and unused sick leave time is 920.86 hours; and WHEREAS, the balance of accrued and unused vacation is 353.06 hours; and WHEREAS, Tom Kinney's current rate of pay is $55.42 per hour; and WHEREAS, in accordance with Section 3.45 of the Mounds View Personnel Manual, the maximum potential payout of accrued/unused sick time will be 920.86 hours x 65% x his hourly rate of$55.42 = $33,172.20 into Tom Kinney's Retirement Health Savings Plan (RHSP); and WHEREAS, in accordance with Section 3.45 of the Mounds View Personnel Manual, the maximum potential payout of accrued/unused vacation time will be 353.06 hours x his hourly rate of $55.42 = $19,566.59 into Tom Kinney's Retirement Health Savings Plan (RHSP). NOW, THEREFORE, BE IT RESOLVED that the Mounds View City Council approves a one-time payout of sick time not to exceed $33,172.20 into Tom Kinney's RHSP in accordance with Section 3.45 of the Mounds View Personnel Manual. NOW, BE IT FURTHER RESOLVED that the Mounds View City Council approves a one-time payout of vacation time not to exceed $19,566.59 into Tom Kinney's RHSP in accordance with Section 3.45 of the Mounds View Personnel Manual. Adopted this 9th day of May, 2016. oe Flahe •r ATTEST: :7,1mA_ J es Ericson, City Administrator (seal)