Loading...
HomeMy WebLinkAbout2010-4-7666ORDINANCE NO. 2010-4-7666 AN ORDINANCE AUTHORIZING AND DIRECTING THE FINANCE DIRECTOR OF THE CITY OF PADUCAH TO MAKE PAYMENT FOR THE SEVERANCE PACKAGE FOR THE FORMER CITY MANAGER JAMES W. ZUMWALT Whereas, James W. Zumwalt was employed as City Manager for 12 years and resigned effective March 9, 2010; and Whereas, the City of Paducah agrees to the terms and conditions pertaining to his resignation. BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. That the City of Paducah authorizes and directs the Finance Director to make payment for the severance package to former City Manager, James W. Zumwalt in the amount totaling $81,070. SECTION 2. The payment of the aforesaid sum is expressly conditioned upon James W. Zumwalt executing and delivering to the City of Paducah a waiver and release of all claims in a form acceptable to the corporation counsel of the City of Paducah. SECTION 3. This expenditure shall be charged to the general fund --city manager account. SECTION 4. This ordinance shall be read on two separate days and will become effective upon summary publication pursuant to KRS Chapter 424. ATTEST: 6agumao,l). &�ock Tammara S. Brock, City Clerk Introduced by the Board of Commissioners March 23, 2010 Adopted by the Board of Commissioners April 6, 2010 Recorded by Tammara S. Brock, City Clerk, April 6, 2010 Published by The Paducah Sun, April 10, 2010 \ord\severance pkg-cm