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HomeMy WebLinkAbout58-89f RESOLUTION NO. 58-89 A RESOLUTION OF THE CITY COUNCIL OF THE TOWN OF LOS ALTOS HILLS APPOINTING THOMAS J. FRUTCHEY AS CITY MANAGER OF THE TOWN OF LOS ALTOS HILLS RESOLVED, by the City Council of the Town of Los Altos Hills, County of Santa Clara, State of California, that Thomas J. Frutchey be, and he hereby is appointed as the City Manager of the Town of Los Altos Hills, commencing as of 12:01 a.m. on May 8 , 1989, and the annual salary of the City Manager, be and it hereby is fixed as the sum of $69,000, together with deferred compensation in the additional annual amount of $5,000 for a total of four (4) years. Provided, however, Thomas J. Frutchey shall vest in the deferred compensation at the rate of twenty-five (25) percent per year, and provided, further, that the total amount of deferred compensation in which he has vested shall be paid to Thomas J. Frutchey at the end of four (4) years, or on the date of termination of his employment with the TOWN from whatever cause, whichever first occurs. Provided, further that any termination of the employment of Thomas J. Frutchey shall be preceded by giving of notice equal to three calendar months by either the City Council or Thomas J. Frutchey, as the case may be. REGULARLY passed and adopted this 19th day of April, 1989. BY MAYOR ATTEST: CITY CLERK 041089