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11-10503rRESOLUTION NO. 10503 RESOLUTION AMENDING THE EMPLOYMENT AGREEMENT BETWEEN THE CITY OF RICHFIELD AND STEVEN L. DEVICH, CITY MANAGER NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Richfield, Minnesota as follows: 1. The following section of the Employment Agreement between the City of Richfield, Minnesota and Steven L. Devich, City Manager, dated February 2005 is amended as follows: Section 5. Salary. A. Employer agrees to increase the City Manager's total base annual salary of $138,315.00 (including $3,500 of deferred compensation annually) to $ 141,086.40 , effective January 1, 2011, payable in installments at the time as other employees of the employer are paid. B. Beginning January 1, 2011, Employer will no longer make a contribution of any amount into the Employee's choice of a deferred compensation plan. 2. The salary amount of $138,315.00 reflects the correction of clerical errors that occurred in Resolution No. 10233, which should have reflected a change in base salary (including deferred compensation of $3,500) from $129,334.40 to $132,915.00, and in Resolution No. 10344, which should have reflected a change in base salary (including deferred compensation of $3,500) from $132,915.00 to $138,315.00. Approved by the City Council of the City of Richfield this 12th day of April 2011. [)a I r rw &, - Debbie Goettel, Mayor ATTEST: 1 Nancy Gibbs C Clerk