As you are aware, under the terms of my employment agreement with the City, your annual review of my performance normally occurs during the month of March. The purpose of the evaluation process by the City Council twofold. First it is to maintain a strong Council/Manager team by ensuring open and productive communication on an annual basis in a formal way, and on an ongoing basis more informally. During the formal annual review process there is an opportunity to identify areas of satisfaction and items needing change or improvement as identified by the Council. Secondly, the review process is an opportunity to increase salary and or compensation if you collectively determine it to be appropriate. If any increase is approved it shall be effective as of the date of my yearly anniversary date, which is June 2nd.
My current employment agreement with the City lapses on June 2, 2024 therefore I believe that it is timely to propose some changes to the terms of the agreement. Specifically, I am proposing that the City Council consider the addition of the following conditions in respect to my ten years of service to the city. They are as follows:
- The term of contract shall be for five years and shall be up for renewal on June 2, 2029.
- The city shall provide an annual salary adjustment as a cost-of-living rate adjustment on an annual basis which shall be the percentage increase in the CPI and shall be determined based on comparing the CPI for the March immediately preceding the proposed rate adjustment. The rate adjustment if any, shall take effect on June 2, 2025, and each year thereafter.
For your convenience, I have attached a copy of my 2019 contract renewal for reference.