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HomeMy WebLinkAbout2008 CC RESO 2008-44 CDCRESOLUTION NO. 2008 — 44 RESOLUTION OF THE COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF NATIONAL CITY AUTHORIZING A ONE-TIME PERFORMANCE AND RETENTION INCENTIVE PAYMENT OF UP TO FIVE PERCENT TO EMPLOYEES IN THE DEVELOPMENT AND DEVELOPMENT CORPORATION AND NUTRITION CENTER EXECUTIVE AND MANAGEMENT GROUPS IN LIEU OF INCREASES IN BASE SALARY, AND APPROVING A TRANSFER OF FUNDS NOT TO EXCEED $26,200 FROM THE UNDESIGNATED FUND BALANCE ACCOUNT TO THE PERSONNEL COMPENSATION ACCOUNT TO FUND SAID PAYMENT WHEREAS, in recent years, in keeping with the CDC's goal of fiscal sustainability, the City Manager has frozen the salaries of employees categorized as Development and Development Corporation and Nutrition Center executives and managers; and WHEREAS, in lieu of increases to base salary, individuals in these two categories were granted one-time retention incentive bonuses in calendar years 2006 and 2007. In this way, the CDC is able to stay competitive with the local employment market, and thus minimize turn -over, without incurring the long term costs that come with increasing base salary (e.g., increased pension obligation); and WHEREAS, last year, managers, as a group, were awarded one-time performance and retention incentive payments of five percent (5%) of base salary, and executives, as a group, were awarded six percent (6%). This year, it has been proposed that both managers and executives receive up to five percent (5%) at the discretion of the City Manager. NOW, THEREFORE, BE IT RESOLVED that the Community Development Commission of the City of National City does hereby authorize a one-time performance and retention incentive payment of up to five percent (5%) to employees of the Development and Development Corporation and Nutrition Center Executive and Management Groups in lieu of increases in base salary, at the discretion of the City Manager. BE IT FURTHER RESOLVED that the Community Development Commission hereby authorizes the following transfer of funds: FROM: Account No. 360-2501 Undesignated Fund Balance TO: Account No. 360-416-000-199 Personnel Compensation Account TOTAL AMOUNT: Not to exceed $26,200 PURPOSE: To fund a one-time performance and retention incentive payment of up to five percent (5%) of base salary to employees of the Executive and Management Groups, at the discretion of the City Manager -- Signature Page to Follow -- Resolution No. 2008 — 44 March 4, 2008 Page 2 PASSED and ADOPTED this 4th day of March / Ron M. rison, ATTEST: Bra • ' - • n, Executive Director APPROVED AS TO FORM: /-- gati iW George H. Eiser, III Legal Counsel Passed and adopted by the Community Development Commission of the City of National City, California, on March 4, 2008, by the following vote, to -wit: Ayes: Commissioners Morrison, Natividad, Parra, Ungab, Zarate. Nays: None. Absent: None. Abstain: None. AUTHENTICATED BY: RON MORRISON Chairman, Community Development Commission Secretary' , Community Development Commission By: Deputy I HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of RESOLUTION NO. 2008-44 of the Community Development Commission of the City of National City, Califomia, passed and adopted on March 4, 2008. Secretary, Community Development Commission By: Deputy