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87-7374R`+4 RESOLUTION N0. 7374 RESOLUTION AMENDING THE LETTER OF UNDERSTANDING BETWEEN THE CITY OF RICHFIELD AND JAMES D. PROSSER, CITY MANAGER NOW, THEREFORE, BE IT RESOLVED by the City Council, the City of Richfield, Minnesota as follows: The following section of the Letter of Understanding between the City of Richfield, Minnesota and James 0. Prosser, dated July 14, 1986, is amended as follows: Section 5, Salary: The City agrees to pay employee an annual salary at the rate of sixty seven thousand four hundred and ten dollars ($67,410) per year effective September 1, 1987, and thereafter such rate as may be from time to time fixed by the City Council. Passed by the City Council of the~,City of Richfield, Minnesota, this October 12, 1987. ,; /~~ John Hamilton Mayor r .; ATTEST: r ~./ Thomas P. Ferber City Clerk