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CITY COUNCIL MEETING DATE: <br />JANUARY 20, 2015 <br />TITLE: <br />SECOND AMENDMENT TO AGREEMENT <br />WITH THE CITY MANAGER (STRATEGIC <br />PLAN NO. 7) <br />7z <br />CITY MANA ER <br />,., <br />25 01 <br />❑ As Recommended <br />❑ As Amended <br />❑ Ordinance on 18' Reading <br />❑ ordinance on 2nd Reading <br />❑ Implementing Resolution <br />❑ Set Public Hearing For <br />• M 4 <br />Authorize a second amendment to the employment agreement with the City Manager to provide <br />additional benefits that are in line with those received by all other Executive Managers. <br />On August 5, 2013 the City authorized the appointment of David Cavazos as City Manager <br />pursuant to the attached employment agreement. Section 2.2.1 General Benefits, states in part <br />"City Manager shall receive all such other benefits that are applicable to Executive Managers of <br />the City ". <br />The City Council has recently authorized changes to the benefits for Executive Management as <br />follows: <br />Reconfiguration of the Retirement Health Savings Plan (RHS) to convert the 1.75% City <br />Medical Retirement Subsidy Plan contribution into a 1.25% base pay increase, which will <br />then be deposited into individual employee RHS accounts. <br />A 401 (a) deferred compensation plan available to Executive Managers, as permitted by <br />law, should City Council adopt such a plan in the future. Under this plan, an Executive <br />Management employee, at his or her sole discretion, may deposit into the City's 401(a) <br />plan a portion of his or her compensation up to the maximum amount permitted by law. <br />There will be no City contribution into this plan. <br />• Executive Management shall be eligible to receive the same stipend for use of a personal <br />phone or tablet in lieu of City - issued equipment at the same level afforded to other <br />management employees. <br />65D -1 <br />