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RESOLUTION APPROVING CONTINUATION OF and AMENDING <br />• CITY MANAGER'S EMPLOYMENT CONTRACT <br />BE IT RESOLVED by the Council of the City of Charlottesville, <br />Virginia, that the Employment Agreement between the City Council <br />and the City Manager, dated July 1, 1993 (the "Contract"), approved <br />by Council resolution on or about October 11, 1993, is hereby <br />amended effective with the fiscal year beginning July 1, 1994 ("the <br />Current Fiscal Year") as set forth more fully below: <br />A. Salary - Section 6 A. of said Contract related to Salary is <br />amended so that the City Manager's base salary shall be increased <br />by 3t effective at the beginning of the Current Fiscal Year. <br />B. Retirement - Section 13 of said Contract entitled <br />"Retirement Benefits" is hereby amended to read in its entirety as <br />• follows: <br />SECTION 13. RETIREMENT BENEFITS <br />Effective July 1, 1994, the City shall cease making <br />a contribution on behalf of Cole Hendrix, the City <br />Manager ("Manager") to the ICMA-RC retirement plan. Any <br />further contribution to ICMA-RC shall be the sole <br />responsibility of Manager. In lieu of such contribution <br />on the City's part, effective July 1, 1994, Manager shall <br />become an active participant in the City's Supplemental <br />Retirement or Pension Plan ("the City Retirement Plan" or <br />"Plan"). As of that date he shall start with 15 years of <br />creditable service in the City Retirement Plan and will <br />begin accruing additional years of creditable service for <br />each subsequent year of employment with the City. As <br />such, the Manager's defined benefits under the Plan shall <br />be the same as those benefits owed to any other similarly <br />situated employee within said Plan. <br />BE IT FURTHER RESOLVED, that all other terms of said 1993 <br />Contract are hereby reaffirmed, ratified, and renewed; and that <br />0 <br />this resolution shall be certified by the Clerk of Council, labeled <br />