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HomeMy WebLinkAbout2002-04-23 - AGENDA REPORTS - CM SICK LEAVE COMP (2)CITY OF SANTA CLARITA AGENDA REPORT CONSENT CALENDAR City Manager Approva� Item to be presented by: Mayor Ferry and Councilmember Kellar DATE: April 23, 2002 SUBJECT: CITY MANAGER SICK LEAVE COMPENSATION DEPARTMENT: City Manager RECOMMENDED ACTION Provide compensation in the amount of $39,353.48 to George A. Caravalho in consideration of employment contract provisions pertaining to sick leave. BACKGROUND As of May 3, 2002, George A. Caravalho is projected to have accrued 116.66 days or $78,706.97 in sick leave. The City Manager's employment contract, signed September 4, 1990, Section 12.B. states, "...The Employer shall develop a policy to include consideration of the PERS option to allow accumulated sick leave time to be added to the service time for retirement purposes." This policy, and the anticipated benefit resulting from this program to have been realized by Mr. Caravalho, has not occurred. Given the agreed to benefit was not provided for during the course of his tenure with the City, it is recommended that George A. Caravalho be compensated a total of $39,353.48. This amount is equal to 50 percent of his total projected accrual of sick leave as of May 3, 2002. Mr. Caravalho has agreed to this compromise in an effort to resolve the outstanding issue pertaining to his employment agreement and to recognize that amending the PERS contract would be expensive for the City. ALTERNATIVE ACTIONS Adhere to the provisions of the current contract and amend the PERS contract for all City employees to receive credit for unused sick leave. This would create an expensive unfunded liability for the City. FISCAL IMPACT Funds available in the amount of $39,353.48 are available as a result of salary savings in position vacancies. ATTACHMENTS None Ms/ccagmda/042302/cm comp satim.doc fq ;@@ 6+ �4 Agenda Item: