1981-06-15 - Laserfiche WebLink

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458 Resolution re: Approving pay plan for City employees Resolution re: Approving change of location of Automotive Parts, Inc~, facility Mr. Conover asked what present and future cost this increase represents to the retirement fund. Mr. Hendrix did not have any exact figures but said that the costs were written into the pension plan and calculated as part of the payroll. He strongly supported Council's passing the resolution because retired employees have come to depend on this annual action to preserve their buying power. Mr. Conover asked if the City is required to give this benefit. Mr. Roger Wiley, City Attorney, replied that he thought the Council was contractually obligated by ordinance to provide the benefit and he did not advise changing the ordinance because he considered the City to be legally liable to provide the benefit for retired employees. Mr. Buck asked the staff to prepare a report showing the costs to the retirement fund for providing this benefit. Mr. Hendrix agreed to provide the report as soon as possible and urged the Council not to delay its decision as the retired employees were counting on receiving the increase and would worry about it. On motion by Mr. Conover, seconded by Ms. GleaSon, the following resolution was unanimously adopted: BE IT RESOLVED by the Council of the City of Charlottesville that a document consisting of 26 pages comprising ~h~Employee Classification Pay Plan for the City of Charlottesville to be effective July ~1, 1981, assigning salary ranges to each class position in the City service is hereby approved pursuant to Section 20-7 and Section 20-8 of the City Code and copy of the same shall be kept on file with the records of this meeting. On motion by Ms. Gleason, seconded by Mr. Conover, Council unanimously adopted the following resolution: WHEREAS, thelIndustrial DeveloPment Authority of the City of Charlottesville, Virginia, a political s~ubdivision of the Commonwealthof Virginia (the "Authority"), adopted an induce- ment resolution (the "Indunement Resolution") for the benefit of Automative Parts Incorporated, a Virginia corporation (the "Corporation"), at a meeting duly called and held on May 27, 1981, relating to the issuance by the Authority of its revenue bonds in the amount of up to $200,000 to assist in the financing of the acquisition, construction and equipping of an automative parts sales facility (the "Project"), in the City of CharlottesVille, Virginia; WHEREAS, the Corporation has now determined that it is in its best interests to change the location of the Project from the. original location described to the Authority at its May 27, 1981 meeting, which change in location will result in an increase in the estimated cost of acquiring, constructing and equipping the Project; WHEREAS, the Authority desires to evidence (a) its consent to the new logation for the Project in the City of Charlottesville, Virginia, and (b) its desire to increase the amount of bonds authorized by the Inducement Resolution. NOW, 7~HEREFORE, BE IT RESOLVED BY THE INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF CHARLOTTESVILLE, VIRGINIA: 1. The Authority hereby consents to the change in the loca- tion of the Project from 801 Harris Street, charlottesville, Virginia, to the Garrett Street Project area near the intersection of Monticello Avenue and Garrett Street in Charlottesville, Virginia. 2. The Authority hereby amends the Inducement Resolution by increasing the amount of bonds authorized thereunder from $200,000 to $225,000. 3. Except as otherwise provided herein, the Inducement ResolutiOn is hereby ratified and confirmed in all respects. 4. This resolution shall take effect immediately.