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HomeMy WebLinkAbout4842 RESOLUTION NO. 4842 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA ESTABLISHING AN EXCEPTIONAL SERVICE FUND AND APPROPRIATING FUNDS THERETO FOR FISCAL YEAR 1979-1980 FOR COMPENSATION OF MANAGEMENT LEVEL EMPLOYEES. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF ARCADIA that in recognition of exceptional service, that there is hereby established in the 1979-1980 Annual Budget and each budget there- after, and exceptional service fund equal to two-percent (2%) of total management level salaries for fiscal year 1978-1979 ($9,766) which is hereby appropriated for services renderable during the 1979-1980 fiscal year and to be paid in such amounts to management level employees as determined by the City Council at the end of each fiscal year. BE IT FURTHER RESOLVED that the City Clerk shall certify to the adoption of this Resolution. adjourJl"~ HEREBY CERTIFY that the foregoing Resolution was adopted at an I regular meeting of the City Council of the City of Arcadia held on the 27th day of June, 1979, by the affirmative vote of at least three Councilmen, to wit: AYES: NOES: ABSENT: ~~ City Clerk of the City of Arcadia SIGNED AND APPROVED THIS , 1979. ~;eaA~ CJ.ty Clerk (SEAL) -1- 4842