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HomeMy WebLinkAbout42-19RESOLUTION 42-19 RESOLUTION OF THE CITY COUNCIL OF THE TOWN OF LOS ALTOS HILLS APPROVING AMENDMENT NO. 10 TO THE EMPLOYMENT AGREEMENT BETWEEN THE TOWN OF LOS ALTOS HILLS AND CARL CAHILL FOR CITY MANAGER SERVICES WHEREAS, the City Council of the Town of Los Altos Hills has previously approved the Employment Agreement ("Agreement") between the Town of Los Altos Hills and Carl Cahill for City Manager services and nine amendments to that Agreement; and WHEREAS, the City Council and Carl Cahill now wishes to amend the Agreement to extend the term and modify the compensation as set forth in the tenth amendment ("Amendment No. 10".) to the Agreement attached hereto. NOW, THEREFORE, the City Council of the Town of Los Altos Hills does RESOLVE as follows: That the Town hereby approves Amendment No. 10 to the Employment Agreement between the Town of Los Altos Hills and Carl Cahill for City Manager Services, a copy of which is attached hereto as Exhibit A and -the Mayor is hereby authorized to execute Amendment No. 10 on behalf of the Town of Los Altos Hills. The above and foregoing Resolution, was passed and adopted by the City- Council of the Town of Los Altos Hills at a regular meeting held on the 20th day of June 2019 by the following vote: AYES: Spreen, Wu, Corrigan, Tank -ha, Tyson NOES: None ABSTAIN: None ABSENT: None ATTEST: 3239387.1 BY: Ro r Spre n, Mayor Resolution 42-19 Page 1 EXHIBIT A AMENDMENT NO. 10 TO EMPLOYMENT AGREEMENT WITH CARL CAHILL FOR CITY MANAGER SERVICES THIS AMENDMENT NO. 10 TO EMPLOYMENT AGREEMENT (this "Amendment") is made and entered into at Los Altos Hills, California, this day of June 2019 ("Effective Date"), by and between the TOWN OF LOS ALTOS HILLS, a municipal corporation, hereinafter sometimes referred to as the "TOV► N," and CARL CAHILL, an individual hereinafter referred to as "CAHILL." TOWN and CAHILL are hereinafter collectively referred to as the "Parties,." Capitalized terms shall have the definitions set forth in the Agreement or as otherwise set forth herein. WITNESSETH: WHEREAS, TOWN and, CAHILL entered into that certain Employment Agreement for City Manager services, dated June 22, 2006, attached hereto as Exhib and WHEREAS, in June. of 2007, the Parties executed Amendment No. I to the Agreement; in June of 2008, the Parties executed Amendment No. 2 to the Agreement; in June of 2009, the Parties executed Amendment No. 3 to the Agreement; in April of 2010, the Parties executed Amendment No. 4 to the Agreement; in July of 2011, the Parties executed Amendment No. 5 to the Agreement; in September of 2012 the Parties executed Amendment No. 6 to the Agreement; in June of 2014 the Parties executed Amendment No. *7 to the Agreement; in July of 2015 the Parties executed Amendment No. 8 to the Agreement and in June of 2017 the Parties executed Amendment No. 9 to the Agreement; and WHEREAS the June 22, 2006 Employment Agreement, as amended by the nine -prior amendments is referred to as the "Agreement" herein; and WHEREAS-, the Parties wish to extend the term, of CAHILL'S employment and modify the amount of compensation, as set forth below. NOW, THEREFORE, in consideration of the mutual promises, covenants and stipulations herein contained, the Parties agree to amend the Agreement as follows: AMENDMENT I Section 2 (A) is hereby amended to read as follows: The term of this Agreement shall be from June 23, 2006 through June 30, 2020. CAHILL agrees to remain in the exclusive employ of the TOWN until the effective date of termination set forth herein, and neither to accept other employment, nor to become employed by any other employer until effective date of termination set forth herein. 2. Section 3 is hereby amended to read as follows: "Effective July 1, 2019 TOWN agrees to pay CAHILL for his services rendered pursuant hereto, an annual salary of two hundred Resolution -19 Page 2 twenty one thousand three hundred thirty two dollars ($221,332) payable in installments at the same time other employees of the TOWN are paid. In addition, provided that CAHILL remains employed by the TOWN as of June 30,* 2020, TOWN will pay CAHILL a one-time non-Persable payment of five thousand dollars ($5,000) payable in. the first full pay period after June 30, 2020. 3. All other provisions of the Agreement shall remain in fiill force and effect. WHEREFORE, the Parties have executed this Amendment as of the Effective Date written above. TOWN - CAHILL TOWN OF LOS ALTOS HILLS, CARL CAHILL, a municipal corporation an individual Roger Spreen, Mayor Carl Cahill. ATTEST: City Clerk APPROVED AS TO FORM: City Attorney 3239782.1 Resolution -19 Page 3