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Report regarding a resolution approving Amendment No. 5 to the Employment Agreement between Michael Futrell and the City of South San Francisco. (Jason Rosenberg, City Attorney)
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RECOMMENDATION
Recommendation
It is recommended that the City Council adopt a resolution approving Amendment No. 5 to the Employment Agreement between Michael Futrell and the City of South San Francisco.
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BACKGROUND/DISCUSSION
The City Council requested an amendment to the employment agreement with Michael Futrell to extend the term of the existing employment agreement through April 6, 2024. The amendment to the employment agreement also modifies Mr. Futrell’s annual base salary of $281,489.65 by three percent (3%), to $289.934.34. Additionally, the amendment to the employment agreement modifies the agreement to provide for 60 days’ notice if Mr. Futrell were to voluntarily resign from his position. There are no other changes to Mr. Futrell’s contract. The proposed amendment number five is attached to the associated resolution as Exhibit A.