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HomeMy WebLinkAbout2013-023-A1 Rachelle Rickard CM Agreement (Approved 2021)CITY OFATASCADERO CONTRACT NUMBER: oni3 bay FIRST AMENDMENT TO EMPLOYMENT AGREEMENT THIS FIRST AMENDMENT TO EMPLOYMENT AGREEMENT ("First Amendment") is made and entered into September 28, 2021, by and between the City of Atascadero (hereinafter called "City') and Rachelle Rickard (hereinafter called "City Manager'), modifying provisions to the Employment Agreement dated June 28, 2013 ("Employment Agreement") as set forth below. Effective July 1, 2021 the following changes shall be made to the Employment Agreement: Section 8.1.g will be deleted in its entirety b�V�' Section 8.1.h will be deleted in its entirety Section 8.1.i will be amended as follows: City Manager shall receive fivethree hundred dollars ($500300.00) each month as an automobile allowance. The allowance is in exchange for (1) City Manager making available for her own use a personal automobile, and (2) for her use of her personal automobile for City related business and/or functions during, before and after normal work hours. City Manager is not precluded from using City vehicles for City business during before, and after the normal work day. A City vehicle will not be provided to City Manager for her exclusive use and no City vehicle shall be utilized by City Manager for commuting purposes. Section 9, Deferred Compensation Benefits shall be amended as follows: City Manager shall not receive any deferred compensation benefits set forth in City Council Resolution No. 2011-059. This section 9 solely provides all deferred compensation benefits to be provided to City Manager. 2. City agrees to contribute $12, 000 less than the maximum sum allowed by law into City Manager's 457 deferred compensation account with ICMA Retirement Corporation including any pre- retirement incentives. (This maximum amount shall not include any Special 457(b) "last 3 -year catch-up" deferrals) Such contribution shall be pro -rated equally and shall be paid per City practice across 24 pay -periods. 3. City shall pay a contribution equal to five percent (5%) of City Manager's base salary to a tax deferred supplemental retirement plan i.e., 403b, 401 a, or other similar plans ("Plan') in favor of City Manager. All contributions are fully vested in City Manager and shall not be available to the City. If permitted by the IRS and the Plan, the City shall allow the City Manager to make employee contributions on a pre-tax basis to the Plan. All other provisions of the Employment Agreement shall remain in full force and effect. IN WITNESS WHEREOF, the above parties have executed this First Amendment as of the date first written above. CITY OF ATASCADERO (7,By� L '"v Heather Moreno, achelle Rickard, Mayor City Manager