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HomeMy WebLinkAbout19A-89 RESOLUTIONs RESOLUTION NO. 119A-89 A RESOLUTION AUTHORIZING THE MAYOR AND CITY CLERK TO EXECUTE AN AGREEMENT WITH MR. JAMES L. PENNINGTON CONCERNING THE TERMS OF HIS CONSULTANT STATUS AFTER DECEMBER 31, 1989. BE IT RESOLVED BY TILE BOARD OF DIRECTORS OF THE CITY OF FAYETTEVILLE, ARKANSAS: Section 1. That the Mayor and City Clerk are hereby authorized and directed to execute an agreement Mr. James L. Pennington concerning his consultant status after December 31, 1989. A copy of the agreement authorized for execution hereby is attached hereto marked Exhibit "A" and made a part hereof. PASSED AND APPROVED this 19th day of December ATTEST,, City Clerk ,,14. a1475,4-.4 J Y.•Yr$.� Tei` lwa b‘41.1-4 ` A WZ1 lh1 s�4frf,"*ter r,�,'1� '�—L�fik�uizt:t�li\ • APPROVED: , 1989. By Zaearre/ aiteglo Mayor • 4-— • • sa AGREEMENT This AGREEMENT entered into this day by and between James L. Pennington, hereafter referred to as "City Manager" and the City of Fayetteville, Arkansas, hereafter referred to as the "City", • for and in consideration of the mutual covenants and agreements herein set forth, WITNESSFTH• 1. The City Manager has freely and willingly tendered his resignation effective December 31, 1989 and the City has freely and willingly accepted such.resignation. 2. The City Manager and the City stipulate and agree that it is in the mutual best interests of all parties for the City Manager to continue his employment with the City in a consulting capacity for a period of time not to exceed ninety (90) days from the effective date of his resignation. 3. Accordingly, the City Manager agrees to work for the City in a consulting capacity for the period beginning January 1, 1990 and ending on or before March 31, 1990 for the same monthly salary and benefits as the City Manager received from the City at the time of his resignation. 4. During the aforementioned ninety (90) days period, the City Manager will receive health insurance benefits, life insurance, disability insurance, and retirement contributions in the same amounts as if he had continued his employment as city manager past December 31, 1989. The City agrees to make such benefit payments and contributions only for the aforementioned ninety (90) day period. Payments to the ICMA retirement fund, for example, will be for January, February, and March of 1990 and not for the remainder of that year or future years. The City will continue to pay all dues and subscriptions for the City Manager only if such become due and owing prior to the effective date of his resignation of December 31, 1989. 5. In addition, the City Manager may continue the uninterrupted use of his current city office space, secretarial support, and city automobile during the aforementioned ninety (90) day period. The City Manager agrees that the use of such • • CI space, support and automobile is at the sole and complete discretion of the city and that all or part of such uses may be withdrawn by the city at anytime upon reasonable notice to the City Manager. 6. The City Manager agrees to cooperate with available city staff and/or members of the Fayetteville City Board of Directors during the term of this contract as a consultant to assist the city in an orderly transfer of functions to any new city manager. 7. The term of this contract shall be for the aforementioned ninety (90) day period ending March 31, 1990 or until the effective date of full-time employment by the City Manger in some other capacity, whichever occurs first. 8. The City Manager hereby waives any right, entitlement, or interest to any accrued benefits from his employment with the city other than as specifically provided for herein. 9. Neither party shall assign this AGREEMENT or any payments or benefits due or to become due hereafter. The law of the State of Arkansas shall govern the construction and interpretation of this AGREEMENT. IN WITNESS WHEREOF, the parties have executed this AGREEMENT on this 5th day of December , 1989. CITY OF F YETTEVILLE, ARKANSAS BY: .4/./162.22.- !/ Mayor APPRO ED AS TO FO I: By: J rr E.IRose City Attorney JAMES L.. PENNINGTON' City planager