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HomeMy WebLinkAboutRES 1987-029 � I �,�;� RESOLUTION NO. 87-29 A RESOLUTION OF THE CITY COUNCIL AUTHORIZING THE MAYOR OF THE CITY OF GRAPEVINE, TEXAS TO EXECUTE THE AGREEMENT WITH THE CITY MANAGER BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS : Section 1 . That the Mayor of the City of Grapevine, Texas is hereby authorized and directed to execute an agreement with City Manager appointee, Dennis E. Dawson and said agreement is hereby approved. Section 2 . A true and correct copy of said agreement is attached hereto and incorporated herein for all purposes as Exhibit "A" . PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF GRAPEVINE, TEXAS on this the 9th day of July , 1987• � APPROVED: Mayor ATTEST: .�K�l�.R.i City Secretary APPROVED AS TO FORM: � ' City Attorney ww�. EXHIBIT "A" TO RESOLUTION NO, 87-29 STATE OF TEXAS � § KNOW ALL MEN BY THESE PRESENTS COUNTY OF TARRANT § � I AGREEMENT � For and in consideration of the mutual terms, conditions and covenants herein contained, the following agreement is entered into by and between Dennis E. Dawson, hereinafter referred to as "Dawson" and the CITY OF GRAPEVINE, TEXAS, hereinafter referred to as "City" : I . Dawson shall serve as City Manager for the City from day to day beginning on the 18th day of August, 1986 at the will of the City Council by performing the duties thereof as prescribed by the Charter of the City and the policies and procedures adopted by the City Council. II . In consideration for such services, Dawson shall receive: 1. Annual salary of $70,000.00 per annum paid bi-monthly as are other City employees, which salary shall be periodically reviewed. � 2 . City shall furnish Dawson an automobile for business and private use, all costs, gas, �" insurance, repair and replacement shall be furnished by the City. " 3 . All benefits received by other full time employees of the City. 4. The following additional personnel benefits: a. Four (4) weeks annual vacation. b. Health insurance - one-hundred percent of premiums paid to cover all family members and dental insurance, including payments for orthodontist. c. Life insurance provided in an amount equal to two (2) times annual salary. 5. Payments to be provided in the City' s annual budget for all reasonably necessary membership dues in professional organizations, seminars, a+� annual meetings at State, National and local municipal organizations . � 6. Ten percent (10$) of Dawson's annual salary is to be contributed by the City into a deferred compensation plan provided by the International �� City Management Retirement Corporation. � 7 . City shall pay all expenses for up to two (2 ) „�, house hunting trips. 8. All moving and relocation expenses shall be paid by the City. 9. $5,000 shall be paid to Dawson to cover all other expenses incurred in relocating, including, but not limited to costs in renting an apartment, storage of furniture, closing costs, costs for points incurred in obtaining a home loan. 10. City shall loan Dawson �40,000 for the purpose of assisting Dawson in purchasing a home in the City of Grapevine. The loan shall be secured by a note and deed of trust evidencing a lien against the home purchased. The term of the note shall be five (5 ) years, 8� per annum. No principal and interest payments shall be due until August 31, 1991, on which date the outstanding principal balance of the note plus any and all accrued interest shall be due and payable . The total amount of the principal of the note plus all �-0'n� accrued interest shall be due and payable in the event Dawson shall no longer be in the employment ,,�,, of the City within sixty (60) days of cessation of employment or on August 31, 1991, whichever comes first. 11. During the summer of 1988 the City shall make available to Dawson an all expense paid session of the Harvard JFK Public Administration School for Executive Management Program. 12 . In the event Dawson is terminated from employment as City Manager by the City, he shall receive in cash as a lump sum severance pay, a sum equal to six (6) months pay. This instrument shall be the entire agreement of the parties hereto and shall satisfy all obligations and duties of the parties, including any rights or obligations created by law as a result of the act of termination, such as, but not limited to, any other notices or other necessary acts . �, �. -2- �� � EXECUTED in duplicate originals the 9th day of July , 1987 . ,,,�.,, CITY OF GRAPEVINE „ 'l � ,� � t Tom Powers, ayor � � ATTEST: , � � � � �, � ' -e�� � Lind Huff, i ecretary APPROVED AS TO FORM: � John F. Boyle, Jr . City Attorney ennis E. awson � � �'"'"` 3 0 510 -3- �