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RES-8181 Amending Resolution No. 7878 of Executive ManagementRESOLUTION NO. 8181 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ORANGE AMENDING RESOLUTION NO. 7878 OF THE EXECUTIVE MANAGEMENT, STAFF MANAGEMENT, AND LABOR CONFIDENTIAL EMPLOYEES OUTLINING SEVERANCE PROVISIONS, WHEREAS, the City of Orange, herein referred to as "CITY", is facing a difficult financial situation as a result of significant revenue shortfall; and WHEREAS, the Memorandum of Understanding covering the executive management, staff management and labor confidential employees does not provide severance benefits for employees subject to layoffs; and WHEREAS, the City Council has determined that it is in the best interests of the CITY at this time to provide severance benefits for employees who may be so affected; NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of Orange that all full-time employees subject to layoff and covered under the Resolution 7878 for executive management, staff management and labor confidential employees shall be provided severance benefits in accordance with the following terms and conditions:1. Any eligible employee who resigns or retires prior to June 30,1993 will receive severance pay in accordance with the following:a. payment of an amount equivalent to the employee's regular base salary for the period from the employee's employment separation date through June 30, 1993.b. payment equal to the value of the City's current contribution to the Flexible Benefit Plan as outlined in Resolution No. 7878 Section 21. FLEXIBLE BENEFIT PLAN through December 31,1993. Payment will cease prior to December 31, 1993 if the employee becomes covered by a new employer's benefit program.2. Any eligible employee who remains in city employment through June 30, 1993 will receive no severance Eligibility for the pay and benefits authorized under this Resolution shall terminate on December 31, 1993 unless extended by the City Council. ADOPTED this 4th day of May 1993. Attest: 0u~/~~au~ City Clerk f the ity~ Orange I hereby certify that the foregoing resolution was duly and regularly adopted by the City Council of the City of Orange at a regular meeting thereof held on the ~ day of May, 1993 by the following vote: AYES: NOES: ABSENT: ABSTAIN: MURPHY COUNCIL MEMBERS: SPURGEON BARRERA. MAYOR BEYER. COONTZ COUNCIL MEMBERS: NONE COUNCIL MEMBERS: NONE COUNCIL MEMBERS: NONE 4U~ a4.#~/?'V City Clerk f th i~of Orange Reso. No. 8181