RES 86-010 RESOLUTION AUTHORIZING THE MAYOR OF THE CITY OF ST. ANTHONY TO EXECUTE THE EMPLOYMENT AGREEMENT BETWEEN DAVID M. CHILDS AND THE CITY OF ST. ANTHONY

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• EMPLOYMENT AGREEMENT This Agreement, made between David M. Childs, an individual resident of the State of Minnesota C.hereinaf ter referred to as "Childs") , and the City of Saint Anthony, a Minnesota municipality (,hereinafter referred to as the WITNESSETH: WHEREAS, the City desires to employ Childs to render services for, and on behalf of, the City on the terms and conditions hereinafter set forth, and Childs desires to be retained and employed by the City on such terms and conditions. NOW, THEREFORE, in consideration of the premises and of the mutual covenants and agreements contained herein, the parties hereto hereby agree as follows: 1 . Employment. The City hereby employs Childs as its City Manager as such term is hereinafter defined, and Childs hereby accepts such employment and agrees to perform services for the City upon the terms and conditions set forth herein. SIn such capacity, Childs shall devote his full time, attention, energy, .and skill to the business of the City during such hours as established by the City to perform his obligations hereunder. In such capacity, Childs shall render such services in a good and business-like manner and shall assume and perform such responsibilities and duties as are set forth on Exhibit A attached hereto and made a part hereof and such other reasonable responsibilitiies and duties as may be specified from time to time by the City. 2. Term.. Unless earlier terminated in accordance with Section 7 hereof, .the term of Childs' employment hereunder shall commence January 1 , 1986 and shall continue for an initial period of one year. 3. Compensation. As compensation fo.r' Childs' services hereunder, the City shall pay to Childs an annual salary of $42,500.00 4. Manner of Payment. All compensation payable to Childs hereunder shall be subject to all required and authorized withholdings. The salary payable to Childs pursuant to Section 3 shall be payable in accordance with the normal payroll pro- cedures established from time to time by the City.