Temp. Reso. #R7099 authorizing the first amendment of the employment agreement with Vernon E. Hargray to serve as the City Manager, amending Section 5. Benefits, reducing the life insurance coverage from $675,000 to an amount equivalent to the life insurance coverage offered through the City’s group term life policy to an employee within the City Manager job classification; and to deposit $11,000 annually, upon the anniversary of the employment agreement, into the City Manager’s Long Term Care Rider, or a similar tax equivalent vehicle. (Human Resources Director Randy Cross)

What this record is

Amount

$675K

Runs until

no end date published in this record

Type

amendment

Field

Vehicles & equipment

Read automatically from the title of the official record. The source document below is authoritative.

Committee

CITY COMMISSION REGULAR MEETING

Requested by

Human Resources

Introduced

January 6, 2020

On agenda

January 15, 2020

Passed

December 31, 2023