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HomeMy WebLinkAbout07-034 Declaring rates of compensation for City Council membersRESOLUTION NO. 07-034 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PORT TOWNSEND, WASHINGTON, DECLARING RATES OF COMPENSATION FOR CITY COUNCIL MEMBERS AND PROVIDING FOR PARTICIPATION IN AND CONTRIBUTION TO A COMPENSATION PLAN] NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Port Townsend as follows: Section 1. City Council members shall be compensated the sum of Five Hundred Dollars ($500) per month for the performance of their duties and attendance at City Council meetings. This compensation is separate from amounts entitled to be paid for reimbursement for expenses. Section 2. The Mayor shall be compensated the sum of Seven Hundred and Fifty Dollars ($750) per month for the performance of his or her duties and attendance at City Council meetings and other City business. This change in compensation shall not be applicable to the incumbent mayor during the current term, and shall only be effective for the position of Mayor on election of the Mayor in January 2008. This compensation is separate from amounts entitled to be paid for reimbursement for expenses. Section 3. City Council members are eligible to participate in the ICMA retirement plan or another qualified deferred compensafion plan, with City matching contribution up to 5% of Councilor compensation. ADOPTED by the City Council of the City of Port Townsend at a regular meeting thereof, held this fifteenth day of October, 2007. ~. Mark Welch, yor Attest: ~~~ C Pamela Kolacy, CMC City Clerk Approved as to form: / C~ .~~ John°P. Watts City Attorney Resolution 07-034