HomeMy WebLinkAboutResolution 9805RESOLUTION NO. 9805
CITY OF MOUNDS VIEW
COUNTY OF RAMSEY
STATE OF MINNESOTA
AUTHORIZING SEPARATION COMPENSATION FOR
FINANCE DIRECTOR MARK BEER
WHEREAS, Finance Director Mark Beer submitted his retirement notice effective
September 14, 2023; and
WHEREAS, in accordance with Section 2.11 Retirement Health Savings Plan (RHSP) of
the City of Mounds View Personnel Manual, exempt employees who have two (2) or more years
of service and leave City employment in good standing shall contribute 100% of accrued
vacation compensation to the RHSP; and
WHEREAS, in accordance with the City of Mounds View Personnel Manual, employees
who have completed two (2) or more years of service and leave the City in good standing shall
contribute their eligible sick leave hours, converted at the rate of 50%, to their RHSP; and
WHEREAS, Finance Director Mark Beer has a current leave balance of 466.00 hours
vacation and 681.40 hours sick time (50% = 340.70 hours); and
WHEREAS, the rate of pay for Finance Director Mark Beer upon retirement is $73.28 per
hour.
NOW, THEREFORE, BE IT RESOLVED that the Mounds View City Council approves
separation compensation to Finance Director Mark Beer consistent with Section 2.11 of the City
of Mounds View Personnel Manual as follows:
Hours
Hourly rate
Payout
Vacation Hours
466.00
$73.28
$34,148.48 Into RHSP
50% Sick Leave
340.70
$73.28
$24,966.50 Into RHSP
Estimated Total Separation Compensation:
$59,114.98
Adopted this 11th day of September, 2023.
Ga eeh ause, Acting Mayor
ATTEST:
Zikry(und, City Administrator
(seal)