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HomeMy WebLinkAbout2016-08-8412ORDINANCE NO. 2016-8-8412 AN ORDINANCE AUTHORIZING AND DIRECTING THE MAYOR TO EXECUTE ADDENDUM NO. 3 TO THE AGREEMENT TO EMPLOY JEFFREY A. PEDERSON AS PADUCAH CITY MANAGER WHEREAS, by Ordinance No. 2010-10-7750 the City of Paducah approved the execution of an agreement with Jeffrey A. Pederson for employment as City Manager; and WHEREAS, by Ordinance Nos. 2011-12-7894 and 2014-4-8132, the City of Paducah approved addendums to the Employment Agreement; and WHEREAS, following a review of the City Manager's performance, the City Commission wishes to renew the agreement and amend it to reflect a term increase effective July 26, 2016 to July 26, 2019; a salary increase to $165,897 annually; and an allowance for a portion of unused sick leave to be paid out upon resignation; and WHEREAS, it is now necessary for the City to adopt an ordinance to clarify and confirm the amended agreement. BE IT ORDAINED BY THE CITY OF PADUCAH, KENTUCKY: SECTION 1. The City Commission does hereby approve Addendum No. 3 to the employment agreement with Jeffrey Pederson as attached hereto and authorizes the Mayor to execute said addendum. SECTION 2. The original employment agreement, dated December 7, 2010, and subsequent amendments thereto, as referenced above, are hereby readopted and ratified except as expressly amended by this ordinance. SECTION 3. This ordinance shall be read on two separate days and will be published by summary pursuant to KRS Chapter 424. ATTEST: Tammara S. Sanderson, City Clerk Introduced by the Board of Commissioners, August 16, 2016 Adopted by the Board of Commissioners, August 23, 2016 Recorded by Tammara S. Sanderson, City Clerk, August 23, 2016 Published by The Paducah Sun, August 26, 2016 \ord\addendum-city manager 2016 509 - - - - -- 1 1 — —r ,— I :