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HomeMy WebLinkAbout34-05 i f • RESOLUTION NO. 34-05 RESOLUTION OF THE TOWN OF LOS ALTOS HILLS APPROVING AND AUTHORIZING EXECUTION OF AMENDMENT NO. 4 TO THE CITY MANAGER EMPLOYMENT.AGREEMENT BETWEEN THE TOWN OF LOS ALTOS HILLS AND MAUREEN CASSINGHAM WHEREAS, the City Council of the Town of Los Altos Hills has read and considered that certain Amendment No. 4 to the City Manager Employment Agreement ("Amendment") between the Town and Maureen Cassingham; NOW, THEREFORE, the City Council of the Town does RESOLVE as follows: The Town of Los Altos Hills hereby approves the Amendment and the Mayor is hereby authorized on behalf of the Town to execute the Amendment between the Town of Los Altos Hills and Maureen Cassingham. PASSED AND ADOPTED this/ day of grri./ , 2005. By: - - Mayor di ATTE je -City Clerk 683932-1 AMENDMENT NO. 4 TO CITY MANAGER EMPLOYMENT AGREEMENT THIS AMENDMENT NO. 4 is made and entered into effective March 1, 2005 as an amendment to the City Manager Employment Agreement dated February 15, 2001 ("Agreement"), by and between the Town of Los Altos Hills ("Town") and Maureen Cassingham ("Cassingham"). RECITALS A. The Town and Cassingham entered into the Agreement to set forth the terms and conditions by which Cassingham serves as City Manager for the Town. B. The Town now desires to amend the Agreement to increase Cassingham's Base Salary by three percent (3%). AGREEMENT NOW, THEREFORE, in consideration of their mutual covenants, Town and Cassingham do hereby agree as follows: 1. BASE SALARY. The Base Salary set out in Paragraph 3 of the Agreement is hereby amended to be One Hundred Twenty Five Thousand and Eighteen Cents ($125,000.18) per year. IN WITNESS WHEREOF, the parties hereto have executed this Amendment No. 5 on the dates set forth below. Dat / 7 , 2005 TOWN OF LOS ALTOS HILLS By: • ayor ATTEST: / City Clerk 4 Date: 7 , 2005 ) - Maureen Cassingham 742403