2005-001 - Amending Agreement Between The Town Of Los Gatos And Town manager And Authorizing The Mayor To Sign AmendmentRESOLUTION 2005 -001
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
WHEREAS, the Agreement provides that the Town Council shall evaluate the
Manager's performance annually and may adjust the base salary or provide a one -time, lump sum
payment or some combination of both, based upon an assessment of the Manager's performance;
and;
WHEREAS, after completing a review of the Town Manager's performance
between November 9, 2003 and November 6, 2004, the Town Council has determined the Town
Manager shall receive a one -time non - reoccurring bonus of $5,000, effective January 7, 2005.
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 authorized 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 3rd day of January, 2005 by the following vote:
COUNCIL MEMBERS:
AYES: Steve Glickman, Diane McNutt, Joe Pirzynski, Barbara Spector,
Mayor Mike Wasserman
NAYS: None
ABSENT: None
ABSTAIN: None SIGNED:
MAYOR MAYOR OF THE TOWN OF LOS GATOS
LOS GATOS, CALIFORNIA
ATTEST:
CLERK A V .1 TOR OF THE TOWN OF LOS GATOS
LOS GATOS, CALIFORNIA
CLERIC. DEPAUMENT
AGR 0 5, 00
IHH
ORD
AMENDMENT TO THE TOWN MANAGER AGREEI&F,,NT
RESO
This Amendment to Agreement is entered into this _ day of January 2005, and is
effective as of January 7, 2005, by and between the Town of Los Gatos, a municipal corporation
( "Town ") and Debra Figone.
RECITALS:
WHEREAS, Town and Debra Figone executed an Agreement approved on October 16,
2000; and
WHEREAS; the Town Council evaluated Debra Figone's performance for the period
between November 9, 2003 and November 6, 2004, and determined the Town Manager
compensation shall be adjusted.
IT IS THEREFORE AGREED by the parties as follows:
The Agreement is amended to read as follows:
Provide a one -time non - reoccurring bonus of $5,000 effective January 7, 2005.
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,
TOWN OF LOS GATOS
BY: d ��
Mike Wasserman, Mayor
Debra Figone o n anager
N:\ MGR\AdminWorkFiles \cnclrpts \1 -3 Town Manager Agreement Amendment.wpd