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HomeMy WebLinkAboutresolution.council.186-23RESOLUTION No. 160 (Series of 2023) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ASPEN, COLORADO, AUTHORIZING THE MAYOR TO EXECUTE A FOURTH ADDENDUM TO THE CITY MANAGER EMPLOYMENT AGREEMENT WHEREAS, Sara G. Ott "Employee" is currently employed by the City as the City Manager; and, WHEREAS, the City Council has completed its most recent review of Employee for the evaluation period of September 1, 2022 — August 31, 2023; and, WHEREAS., the City Council has found Employee's performance to meet and/or exceed standards; and WHEREAS, the City and Employee desire to amend the previously enter Employment Agreement on terms mutually agreeable to the parties conditioned upon the adoption of this addendum pursuant to a Resolution approved by City Council at a Regular Meeting of City Council; WHEREAS, Section 3, COMPENSATION, of the Employment Agreement provides that any adjustment to the compensation of the Employee shall be memorialized in writing, including the effective date of any such changes, signed by both parties; and NOW, THEREFORE, the Mayor is hereby directed to execute the attached fourth addendum to the Employee's Employment Agreement dated September 3, 2019. INTRODUCED, READ AND ADOPTED by the City Council of the City of Aspen on the 12t�' day of December 2023. Torre, Mayor I, Nicole Henning, duly appointed and acting City Clerk do certify that the foregoing is a true and accurate copy of that resolution adopted by the City Council he C' y of Aspen, Colorado, at a meeting held, December 12, 2023. � e Nicole Henning, City Clerk DocuSign Envelope ID: C708A6C9-0520-4D62-B1C8-882D04F1B3A9 Fourth Addendum to Employment Agreement between City of Aspen, Colorado and Sara G. Ott THIS FOURTH ADDENDUM made thisLdry of December 2023, modifies the EMPLOYMENT AGREEMENT for City Manager, dated September 3, 2019, ("Agreement") by and between the CITY OF ASPEN (hereinafter referred to as "City"), and SARA G. OTT (hereinafter referred to as "Employee"), as follows: WITNESSETH: WHEREAS, Employee is currently employed by the City as the City Manager; and, WHEREAS, the City Council has completed its most recent review of Employee for the evaluation period of September 1, 2022 — August 31, 2023; and, WHEREAS, the City Council has found Employee's performance to meet and/or exceed standards; and WHEREAS, the City and Employee desire to amend the previously enter Employment Agreement on terms mutually agreeable to the parties conditioned upon the adoption of this addendum pursuant to a Resolution approved by City Council at a Regular Meeting of City Council, WHEREAS, Section 3, COMPENSATION, of the Employment Agreement provides that any adjustment to the compensation of the Employee shall be memorialized in writing, including the effective date of any such chances, signed by both parties, and NOW, THEREFORE, in consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby mutually acknowledged, the parties agree as follows: 1. The annual compensation of the Employee is increased to $267,824, retroactive to September 1, 2023. 2. The employee is entitled to receive benefits calculated on the new compensation rates with an effective date of September 1, 2023. 3. Retroactive payment and benefits shall occur no later than December 31, 2023. Deductions authorized by law, City Council policy, or at the direction of the Employee may be made from and applied to the retroactive payment. DocuSign Envelope ID: C708A6C9-0520-4D62-B1C8-882D04F1B3A9 4. All other terms of the Employment Agreement, as amended, shall remain in full force and effect. EMPLOYEE: Signature: Sara G. Ott CITY OF ASP Signature: Torre, Mayor by: aY'a .{ Signature: sa2sA©cn2aA7as©... Nicole Henning, City Clerk James R. True, City Attorney 12/14/2023 13:20:34 P Date: 12/14/2023 112:23:09 P Date: 12/14/2023 ( 10:12:39 , Date: 12/14/2023 110:34:19 i Date: