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Home My WebLink AboutRESO7481• • RESOLUTION NO. 7481 RESOLUTION OF THE COUNCIL OF THE CITY OF PALO ALTO AMENDING THE COMPENSATION PLAN FOR MANAGEMENT AND CONFIDENTIAL PERSONNEL AND COUNCIL APPOINTED OFFICERS ADOPTED BY RESOLUTION NO. 7351 TO AMEND THE SALARY AND BENEFITS FOR COUNCIL APPOINTED OFFICERS The Council of the City of Palo Alto does RESOLVE as follows: SECTION 1. Pursuant to the provisions of Section 12 of Article II of the Charter of the City of Palo Alto, the salaries and benefits of Council -Appointed Officers, adopted pursuant to Resolution No. 7351, are hereby amended to be as shown in Exhibits "A" and "B", attached hereto and incorporated herein by reference, effective as of the dates referenced in the exhibits. SECTION 2. The Management Compensation Plan, adopted by Resolution No. 7351, is hereby amended to include said amended salaries and benefits as set forth in Section 1. SECTION 3. The Director of Finance is authorized to implement the amended salaries and benefits as set forth in Section 1. SECTION 4. The Council finds that this is not a project under the California Environmental Quality Act and, therefore, no environmental impact assessment is necessary. INTRODUCED AND PASSED: January 23, 1995 AYES: ANDERSEN, FAZZINO, HUBER, KNISS, MCCOWN, ROSENBAUM, SIMITIAN, WHEELER NOES ABSENT: SCHHNEIDER ABSTENTIONS: ATTEST 4 C. Clerk APPROVED AS TO FORM: enior Asst. City Attorney APPROVED: ir- ,or o Finance Director of Human Resources 950118 lac 0031078 CITY OF PALO ALTO Council -Appointed and Elected Officers CLASS CODE TITLE 93/94 TOTAL ANNUAL SALARYINCLUDING BASE AND VMC 94/95 TOTAL ANNUAL SALARY BI -WEEKLY e mom EFFECTIVE DATE 001 Amos= City Councilperaon ¶4,800 54,800 5184.62 January 1, 1982 002 City Manager 5128,100 5131,955 55,075.20 Juno 25, 1994 003 City Attomcy S102,957 5103,916 53,996.80 June 25,1994 004 City Auditor 587,500 589,918 53,458.40 June 25,1994 005 City Clerk 571,056 574,734 82,874.40 June 25, 1994 The 94/95 total annual salary includes a base increase of 1.75 % for the City Manager and City Auditor, no base increase for the City Attorney, and a 5.00% br.se increase, reflecting additional duties, for the City Clerk. No variable management compensation is granted, but in lieu thereof, 5.00% is added to the annual salary for the City Manager and City Attorney, and 4.00% is added to the annual salary for the City Auditor and City Clerk. EXHIBIT B Council Appointed Officers Benefits 1. Council Appointed Officers are eligible for all benefits listed in the Compensation Plan for Management and Confidential Personnel and Council Appointees (the "Compensation Plan") effective July 24, 1993 through June 30, 1994, except Section II B, C, D, E and G. 2. City Attorney, Ariel Pierre Calonne, is granted the following benefits in addition to the salary set forth in Exhibit A and those benefits described in paragraph 1 of this Exhibit B: (a) Notwithstanding the provisions of Section I1 L of the Compensation Plan, the City will loan Mr. Calonne up to $550,000 for the purchase of his principal residence in Palo Alto, subject to the following terms and conditions: (i) interest and principal on the loan shall be payable bi-weekly and amortized over thirty (30) years. (ii) Interest shall be 5 percent per year for the first five years. Interest for the remaining years shall be equal to the annual average rate of return of the City's invested funds plus 1/4 percent, not to exceed 12 percent interest. (iii) Payments for the first five years shall be made on an accelerated basis in order to achieve a principal balance owing at the end of five years of no more than 81.9 percent of the original purchase price. (iv) Mr. Calonne shall contribute not less than $30,000 to the purchase of his principal residence. (v) Mr. Calonne shall agree not to accept other employment for a period of five years from the loan origination date. This provision shall not be interpreted to grant or imply any specific term or tenure of office. (vi) Notwithstanding paragraph (v), the loan shall be due and payable in full within 18 months after termination of Mr. Calonne's employment with the City of Palo Alto. • • (vii) The City shall pay all closing costs on the purchase of Mr. Calonne's principal residence. "Closing costs" shall be defined in accordance with Section II, L of the Compensation Plan. (viii) The Director of Human Resources is hereby directed to prepare, and the Mayor is hereby authorized to execute, any and all agreements and documents necessary to effectuate a loan in accordance with these conditions, upon Mr. Calonne's request. (b) Mr. Calonne's fixed salary shall not be increased or decreased for the fiscal years 1993-94 and 1994-95. It is the intent of this resolution that the dollar benefit to Mr. Calonne of the five percent interest rate will be approximately balanced by the dollar cost of the reduction in salary growth over the five year period. This balance will be evaluated at the time of salary review in 1995, 1996 and 1997. However, Mr. Calonne will be eligible for Variable Management Compensation (VMC) consideration during the period his fixed salary is capped. (c) The benefits hereby granted shall supersede any special benefits formerly granted to Mr. Calonne. 3. As of December 31, 1994, City Manager convert, on a one-time basis, two weeks current vacation accrual balance to compensation, with the provision that she weeks vacation per year hereafter. June Fleming may (80 hours) of her pay or deferred take at least four 4. Effective June 25, 1994, the vacation accrual rate for Council Appointed Officers completing less than four years continuous service shall be three calendar weeks per year. For completing four or more years continuous service, the accrual rate shall be four calendar weeks per year.