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2002-179-Amending Agreement Between The Town Of Los Gatos And Town Manager And Authoring The Mayor To Sign Amendment To Behalf Of The Town Of Los GatosRESOLUTION 2002 -179 RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF LOS GATOS AMENDING AGREEMENT BETWEEN THE TOWN OF LOS GATOS AND TOWN MANAGER AND AUTHORIZING THE MAYOR TO SIGN AMENDMENT ON BEHALF OF THE TOWN OF LOS GATOS WHEREAS, an Agreement between the Town of Los Gatos and the Town Manager, Debra Figone, was approved by the Town Council on October 16, 2000, and amended on July 16, 2001 and December 17, .2001; and WHEREAS, the Agreement provides that the Town Council shall annually evaluate the Manager's performance, determine if Manager has met performance expectations, and consider increasing Manager's compensation, and; WHEREAS, after completing a review of the Town Manager's performance between November 11, 2001 and November 9, .2002, the Town Council has determined the Town Manager compensation shall be increased effective November 10, 2002. RESOLVED, by the Town Council of the Town of Los Gatos, County of Santa Clara, State of California, that the Town of Los Gatos enter into an amendment to the Agreement with the Town Manager (a copy of which is attached and incorporated herein). BE IT FURTHER RESOLVED, that the Mayor is authorire;cl and hereby directed to execute said Amendment to the Agreement. in the name and behalf of the Town of Los Gatos. PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Los Gatos, California, held on the 18`h day of November, 2002 by the following vote: COUNCIL MEMBERS.: AYES.: Steven Blanton, Sandy Decker, Steve Glickman, Joe Pirzynsk, Mayor Randy Attaway. NAYS: None ABSENT: None ABSTAIN: .None SIGNED: MAYOR OFT TOWN O OS GATOS LOS GATOS, CALIFORNIA ATTEST: CLERK OF THE TOWN OF OS GATOS LOS GATOS, CAL~II~~'ORNIA AMEN' `.ENT TO THE TOWN MANAGER ~% ~.EEMENT This Amendment to Agreement is entered into this 18`'' day of November 2002, and is effective as of November 10, 2002, by and between the Town of Los Gatos, a municipal corporation ("Town") and Debra J. Figone. RECITALS.: WHEREAS, Town .and Debra J. Figone executed an Agreement approved on October 16, 2000, .and amended on July 16, 2001 and December 17, 2001; and WHEREAS, the Town Council evaluated Debra J. Figone's performance for the period between November 11, 2001, and November 9, 2002, and determined the Town Manager compensation shall be increased. IT IS THEREFORE .AGREED by the parties as follows: 1. The Agreement is amended to read as follows: 4. Compensation. 4. (a) Effective .November 10, 2002 Town shall pay Figone the :annual base salary of one hundred seventy-two thousand, eight hundred seventy dollars ($172,870.00), in installments at the same time as other employees of the'Town are paid. 4. (d) (B) Effective January 1, 2003, Cash Allocation of $913 per month which can be ..applied on a pre-tax basis to medical, vision and dental insurance or taken in the form of cash. 4. {m) Effective November 10, 2002 Town shall ;pay Figone aone-time non- reoccurring bonus of $3, L08. 2. The .terms and conditions of the Agreement, except as herein amended, shall remain in full force -and effect. IN WITNESS WHEREOF, the parties have executed this Amendment to the Town Manager Agreement on the date written above. TDWN OF LOS GATOS Approved as to form:. Orry Korb, Town Attorney BY: Randy Attaway, Mayor BY: Attest: Debra J. Figone, Town Manager Marian V. Cosgrove, Town Clerk