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HomeMy WebLinkAbout1990 Resolution No. 054RESOLUTION No . 54 SERIES OF 1990 A RESOLUTION REGARDING THE COS TS OF RELOCATING THE CITY MANAGER'S RESIDENCE WITHIN THE CITY OF ENGLEWOOD . WHEREAS , Roger Fraser ha'i served as the City Manager of Englewood since January, 1989, In a most satisfactory manner, and; WHEREAS, In compliance with the employment agreement, Mr . Fraser Is scheduled to take possession of a home In Englewood within the prescribed time llm1t of 18 months from the date of his Initial employment with the City, and; WHEREAS , It Is reasonable and customary for public and private employers to provide substantial financial assistance to offset the relocation costs of their execu tlves, and ; WHEREAS , the Englewood Charter requirement of City Manager residency, when combined with a depressed real estate market, places undue and Inequitable financial demands upon Mr. Fraser; r-,.. NOW, THEREFORE , BE IT RESOLVED BY THE C!TY COUNCIL OF THE CITY OF ENGLEWOOD, COLORADO, THAT: In addition to Section 10 of the employment agreement between the City and City Manager Roger Fraser, the Cit" agrees to pay relocation/moving expenses In an amount not to exceed o .-half of the total movtng expenses (lnclttding $4,000 already specified In Section 10) or $10,000, whichever ls least. No other terms of the contract are affected or changed by this a ction. ADOPTED AND APPROVED THIS SECOND DAY OF JULY , 1990. Attest: _d,_,£r;L, <: Susan Van Dyke, Ma v~~w~ Patricia H. Crow, City Clerk