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RESOLUTION NO.
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF THOUSAND OAKS APPROVING
COMPENSATION AND EIGHTH AMENDMENT TO
EMPLOYMENT AGREEMENT BETWEEN CITY OF
THOUSAND OAKS AND CITY MANAGER
WHEREAS, Since January 2017, the City has employed Andrew P. Powers as the City Manager of the City pursuant to the Employment Agreement between City of Thousand Oaks and City Manager (“Employment Agreement”); and WHEREAS, The City desires to amend the Employment Agreement to make certain adjustments to the compensation provided therein; and WHEREAS, Section 2-1.206 of the Thousand Oaks Municipal Code provides that the compensation received by the City Manager shall be determined by the City Council and fixed by Resolution.
NOW, THEREFORE, the City Council of the City of Thousand Oaks does hereby resolve as follows:
1. The compensation package set forth in the attached Eighth Amendment to the Employment Agreement between City of Thousand Oaks and City Manager (Exhibit A) is approved for the City Manager’s services.
PASSED AND ADOPTED THIS 8th day of July, 2025, by the following vote:
Ayes:
Noes:
Absent:
David Newman, Mayor
City of Thousand Oaks
ATTEST/CERTIFY:
Laura B. Maguire, City Clerk
Date Attested: ____________________
ATTACHMENT #1
HRD:700-20\ND\H:\Common\Resolutions\2025\070825 CM 8th Amendment Attachment 1.docx
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APPROVED AS TO FORM:
Noel Doran, Assistant City Attorney
The presence of electronic signature certifies that the foregoing is a true and correct copy as approved by the City of Thousand Oaks City Council on the date cited above.
HRD:700-20\ND\H:\Common\Resolutions\2025\070825 CM 8th Amendment Attachment 1.docx
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EXHIBIT A
EIGHTH AMENDMENT TO EMPLOYMENT
AGREEMENT BETWEEN CITY OF THOUSAND
OAKS AND CITY MANAGER
This Eighth Amendment to Employment Agreement between City of Thousand Oaks and City Manager (Contract No. 11382-2017) between the City of Thousand Oaks and Andrew P. Powers (“Agreement”) is entered into this 8th day of July 2025, by and between Andrew P. Powers (“City Manager”) and the City of Thousand Oaks (“City”).
RECITALS
WHEREAS, City and City Manager desire to amend Agreement by which Andrew P. Powers undertook the position of City Manager to make certain adjustments to the compensation as provided in this amendment but otherwise subject to all of the covenants and conditions set forth therein.
AGREEMENT
NOW THEREFORE, City and City Manager agree that the Agreement be, and hereby is, amended as follows:
1. Section 4: Salary
Effective July 5, 2025, City agrees to pay City Manager for his services rendered pursuant hereto a salary of Three Hundred Forty-Two Thousand, Four Hundred Thirty-Eight Dollars and Forty-Six Cents ($342,438.46) per year, payable in the normal payroll installments at the same time as other executive management employees of City are paid.
Effective July 4, 2026, City agrees to pay City Manager for his services rendered pursuant hereto a salary of Three Hundred Sixty-Two Thousand, Nine Hundred Eighty-Four Dollars and Seventy-Seven Cents ($362,984.77) per year, payable in the normal payroll installments at the same time as other executive management employees of City are paid.
City Council shall thereafter review City Manager’s salary annually as part of his performance evaluation, as provided in Section 5.
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2. Exhibit A: City Manager Benefits
Exhibit A, Section 6 “Annual, Administrative Leave, Holidays and Bereavement Leave” is amended to read as follows:
On January 1st of each year, City Manager shall accrue and have credited to his Annual Leave Account 300 hours, with the option of cashing out any unused Annual Leave up to 640 hours per year. City Manager shall use at least 120 hours of Annual Leave per year. The maximum Annual Leave accrual is 640 hours. Any balance, up to a maximum of 640 hours, is due and payable upon retirement or separation from City. City Manager shall accrue and have credited Administrative Leave in the same amount and manner as Executive Managers. Administrative Leave must be used in the fiscal year in which it is credited. Any unused Administrative Leave shall not be carried over into the next fiscal year; shall not be paid off at termination; or converted to compensation in any form. City Manager shall be entitled to Holidays and Bereavement Leave at the same frequency/rate as other executive management employees of the City.
3. Except as otherwise specifically provided herein, all other provisions of the Agreement and any amendments thereto shall remain in full force and effect.
IN WITNESS WHEREOF, this Eighth Amendment has been executed by the parties effective on the date and year first written above.
CITY OF THOUSAND OAKS: CITY MANAGER:
__________________________
David Newman, Mayor Andrew P. Powers
ATTEST: APPROVED AS TO FORM:
Laura B. Maguire, City Clerk Noel Doran
Assistant City Attorney