Agenda #: 7.1
Meeting Date: October 15, 2024
TO: Honorable Mayor and Members of the City Council
FROM: Daniel Fox, City Manager
TITLE: FIFTH AMENDMENT TO CITY MANAGER EMPLOYMENT
AGREEMENT.
STRATEGIC
GOAL: Open, Engaged & Responsive Government
RECOMMENDATION:
Consider adoption of Fifth Amendment to City Manager Employment Agreement.
FINANCIAL IMPACT:
There are sufficient City funds to cover the one-time $5,000 additional contribution.
BACKGROUND:
Daniel Fox was hired as City Manager effective July 10, 2017. The City Council recently completed his performance evaluation process. The proposed Fifth Amendment would provide for a one-time additional contribution of $5,000 to the City’s 457 Deferred Compensation Plan on behalf of the City Manager and an additional 40 hours of administrative leave.
Both the one-time 457 contribution and award of administrative leave hours would be made during the 2024-25 Fiscal Year. All other terms and conditions of the current Employment Agreement would remain the same.
Pursuant to Government Code § 54953, an oral report summarizing the recommended change in compensation in the form of fringe benefits to the City Manager’s Employment Agreement is required. The summary is as follows:
A one-time contribution in the amount of $5,000 to the City’s 457 deferred compensation plan is to be made on behalf of the City Manager and an additional 40 hours of administrative will be credited to his leave bank for the 2024-25 Fiscal Year.
LEGAL REVIEW:
The City Attorney has reviewed and approved the amended agreement as to form.
PREPARED BY:
REVIEWED BY:
Attachments:
1. 7.1.a Fifth Amendment City Manager Employment Agreement