Loading...
84-6861R86 RESOLUTION NO. 6861 A RESOLUTION RELATING TO CITY. MANAGER'S RELOCATION EXPENSES WHEREAS, John G. Cartwright (hereinafter "Cartwright") was appointed city manager of the City of Richfield (hereinafter "City") effective October 1, 1983, and WHEREAS, at the time of his appointment he and his wife were residents of their home in the City of DeKalb, Illinois, and WHEREAS, it was recognized by both City and Cartwright that, upon assuming his responsibilities with City, Cartwright would be faced with the necessity of maintaining two resi- dences until his residence in DeKalb, Illinois, could be sold and it was further recognized that there was a like- lihood of some months' delay in the sale of such residence, and WHEREAS, City expressed its willingness for the carrying costs on his DeKalb resi length of time to permit such sale, so as __ compensation to Cartwright for costs and from DeKalb, Illinois, to the Richfield, to compensate Cartwright deuce for a reasonable to provide partial expenses of transferring PZinnesota area, and. 'v~IHEREAS, at the time of his appointment information concerning the amount of such carrying costs was not available to City but now has been provided by Cartwright; and such information indicates that the carrying costs on such DeKalb residence include a total monthly payment obligation for principal, interest and taxes of $543.00. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Richfield as follows: In partial consideration of Cartwright's assuming the responsi- bilties of city manager of the City of Richfield and in partial compensation for his relocation costs and expenses City agrees to pay to Cartwright the sum of $543.00 per month, in addition to any other compensation heretofore established for Cartwright, commencing with the month of October, 1983, and continuing until Cartwright has closed on the sale of his property at 15 Golfview Drive, DeKalb, Illinois, or through September, 1984, whichever occurs -_ first. In the event of a sale and closing effective during any month prior to September 30, 1984, such monthly payment shall be prorated for that month. Resolution No. 6$61 Page 2 Passed by the City Council of t~~e City of Richfield this 9th day of January, 1984. ATTEST: yl a K. Bergh Ci Cle!rk