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HomeMy WebLinkAboutResolution No. 4919 RESOLUTION NO. 49 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY SETTING FORTH THE CITY MANAGER COMPENSATION PROGRAM FOR 1987 -88 THE CITY COUNCIL OF THE CITY OF DOWNEY DOES RESOLVE AS FOLLOWS: SECTION 1. That the City Manager's salary shall be increased 4% as of June 29, 1987. SECTION 2. That the City Manager has the option in any single year to either forfeit a year's worth of vacation accrual in exchange for salary or receive a $7,500 vacation pay -off to be applied to deferred compensation. SECTION 3. That all existing provisions of the City Manager's agreement remain unchanged. SECTION 4. The City Clerk shall certify to the adoption of this Resolution and provide for appropriate distribution thereof. APPROVED AND ADOPTED this 25th day of August 1987. ,e6 )e Diane P. Boggs, Mayor ATTEST: 4 0 enY•u 411- C er I HEREBY CERTIFY that the foregoing Resolution was duly adopted by -� the City Council of the City of Downey at a regular meeting hereof, held on the 25th day of August, 1987 by the following vote, to wit: AYES: 3 COUNCIL MEMBERS: Barb, Cormack, Paul NOES: 2 COUNCIL MEMBERS: Santangelo, Boggs ABSENT: 0 COUNCIL MEMBERS: None Jenny Young, City Clerk