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<br />Upon leaving the City's employ, for whatever reason, the Manager shall be entitled to payment for <br />all accrued and unused PTO at the Manager's then current rate of compensation rate. <br /> <br />D) Holidays. Manager shall also have the same paid holidays off from work as the City's <br />fulltime non-union employees. <br /> <br />E) Pension Plan. Employer shall contribute to PERA as required by State law for the Manager <br />or an alternate pension plan, if selected by Employee, as authorized by State law. <br /> <br />F) All Other Benefits. Except as otherwise specified within this Agreement, the Manager shall <br />receive or be eligible to participate in any other benefits as provided to all fulltime non-union employees. <br /> <br />Section 5. Compensation. <br /> <br />A) Initial Salary. The Manager's initial salary at the commencement of this contract shall be <br />$52.88 per hour/ Annual salary of $110,000 in 2006 Exempt pay plan grade 21 terms as adopted. This <br />position is Full time, Executive, FLSA exempt position. In addition the Manager, upon initial employment, <br />will receive the same cost-of-living increase the Council approves for all City employees who were <br />employed in 2006, currently budgeted at 3% beginning January 1,2007. <br /> <br />B) Evaluation and Salary Increases. The City Council shall evaluate the performance of the <br />Manager after six months, one year, and annually thereafter and will measure the Manager's perfornlance <br />against jointly determined goals and expected outcomes, which will be reduced to writing within the <br />Manager's first two months of tenure with the City. The City shall provide the Manager with a written <br />summary of findings and provide an opportunity for the Manager to discuss his evaluation with the City <br />Council. The Manager's salary shall be increased in accordance with City policy if performance is deemed <br />to be satisfactory. In addition, the Employer shall consider Manager for Merit Pay in accordance with City <br />policy. <br /> <br />Annually, the City and Manager shall define the goals and objectives, which they determine are <br />necessary for the proper operation of the City; and in the attaimnent of the City's policy goals, shall fmther <br />establish a priority among these goals, considering time and budgetary limitations. These goals and <br />objectives shall be in writing. <br /> <br />C) ProCessional Development. City will pay for membership and acl1vltles related to <br />participation in the International City/COUl1ty Management Association (ICMA); the Milmesota <br />City/County Management Association (MCMA) and League of Minnesota Cities (LMC), and subscriptions <br />to professional journals and publications. The City will also pay the travel expenses of the Manager for <br />professional and official travel, conferences, meetings and occasions in accordance with the City's adopted <br />policies. <br /> <br />D) Participation in ProCessional TraininglDevelopment. The City will pay for professional <br />training in accordance with the existing City policies. <br /> <br />E) Moving and Relocation Expenses. The City shall reimburse the Manager an amount not to <br />exceed $20,000 to be used for reimbursable moving expenses in accordance with the City's accountable <br />plan, all as defined by the IRS Code and further detailed in IRS publication 521. Payment shall be made <br />upon receipt by the City of documentation that the expenses have been incurred. <br /> <br />-2- <br />