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HomeMy WebLinkAboutReso 107-19 CIty Manager Contract AmendmentRESOLUTION NO. 107-19 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MORRO BAY, CALIFORNIA, APPROVING AMENDMENTS TO THE CITY'S FISCAL YEAR 19/20 BUDGET TO AUTHORIZE EXPENDITURE ADJUSTMENTS RELATED TO THE CITY MANAGERS CONTRACT AMENDMENT THE CITY COUNCIL City of Morro Bay, California WHEREAS, pursuant to Government Code section 54957 the City Manager underwent an annual performance review by the City Council in closed session on November 13, 2019; and NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Morro Bay, California authorizes the General Fund operating budget of the City be amended by the additional expenditures related to the City Manager's contract amendment, as shown on the attached Exhibit 1, that was approved at the December 10, 2019 Council Meeting, PASSED AND ADOPTED by the City Council of the City of Morro Bay at a regular meeting thereof held on the 10th day of December 2019, by the following vote: AYES: NOES: ABSENT: Headding, Addis, None None /fiTTEST: Dana Swanson, City Clerk Davis, Heller, McPherson Revenues Fund Prog Acct Description Adjustment Total General Fund Expenditures Fund Frog Acct Description Adjustment 001 3110 4599 Other Pay -Additional Contribution to Deferred Compensation 2,000.00 001 3110 4599 Other Pay -seven months of $75 life insurance stipend 525.00 Total General Fund 2,s25.00