HomeMy WebLinkAboutCC RESO 2005 - 110RESOLUTION NO. 2005 — 110
RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF NATIONAL CITY
APPROVING THE TRANSFER OF FUNDS
FROM THE UNDESIGNATED FUND BALANCE ACCOUNT
TO THE PERSONNEL COMPENSATION ACCOUNT TO
SUPPORT A ONE-TIME RETENTION INCENTIVE
FOR CONFIDENTIAL EMPLOYEES
WHEREAS, in April 2005, the City began discussions with Confidential
Employees regarding compensation; and
WHEREAS, as a result of those discussions, the parties have agreed
upon a one-time retention incentive plan; and
WHEREAS, a transfer of funds from the Undesignated Fund Balance Account to
the Personnel Compensation Account is necessary to fund a one-time retention
incentive plan for Confidential Employees.
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City
of National City hereby authorizes the following transfer of funds:
FROM: Account No. 001-2501
Undesignated Fund Balance
TO: Account No. 001-409-000-199
Personnel Compensation Account
TOTAL AMOUNT: Not to exceed $20,000
PURPOSE: A one-time retention incentive plan for Confidential
Employees
PASSED and ADOPTED this 7th day of June, 2005.
ATTEST:
i hael R. altar
M
N icK" I nzu nza,'bfayor
APPROVED AS TO FORM:
City Clerk George H. Eiser, Ill
City Attorney