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CC SR 20230221 E - City Manager Contract Amendment 3 CITY COUNCIL MEETING DATE: 02/21/2023 AGENDA REPORT AGENDA HEADING: Consent Calendar AGENDA TITLE: Consideration and possible action to approve Amendment No. 3 to the employment agreement with Mr. Ara M. Mihranian, AICP, as City Manager. RECOMMENDED COUNCIL ACTION: (1) Approve Amendment No. 3 to City Manager Employment Agreement, thereby extending the terms for an additional three years with a term date of February 18, 2026, and increasing the annual salary compensation of the City Manager by 3% to an annual salary of $232,800 and authorize the Mayor to execute the same on behalf of the City of Rancho Palos Verdes, the Successor Agency to the Dissolved Rancho Palos Verdes Redevelopment Agency and the Rancho Palos Verdes Improvement Authority effective February 19, 2022, the first pay period after the amendment is approved; (2) Approve an employee retention payment, not otherwise subject to CalPERS, to the City Manager of approximately 4.5% of his salary in the amount of $10,500 to be paid directly to the City Manager; and (3) Authorize the Mayor and City Clerk to execute the amendment in a form approved by the City Attorney. FISCAL IMPACT: The fiscal impact of this amendment is $243,300. If the amendment is approved, the additional $19,300 will be covered by unspent budget from various vacancies. Amount Budgeted: $320,900 Additional Appropriation: N/A Account Number(s): Various salary and benefit accounts ORIGINATED BY: Karina Bañales, Deputy City Manager Trang Nguyen, Finance Director REVIEWED BY: Same as above APPROVED BY: Ara Mihranian, AICP, City Manager ATTACHED SUPPORTING DOCUMENTS: A. Amendment No. 3 to the City Manager Employment Agreement (page A-1) 1 B. City Manager Employment Agreement Between City of Rancho Palos Verdes and Ara M. Mihranian, AICP C. Amendment No. 1 to the City Manager Employment Agreement D. Amendment No. 2 to the City Manager Employment Agreement BACKGROUND: Mr. Mihranian has now served in the position of City Manager as prescribed by state law and as codified in Title 2, Chapter 2.08, of the Rancho Palos Verdes Municipal Code for his third contract year of employment. On February 7, 2023, the City Council conducted the City Manager’s annual performance evaluation pursuant to Section 6.2 of the Employment Agreement (Attachment B) during a lawfully convened closed session. Additionally, pursuant to Section 5.2 of his Employment Agreement, the City Council and Mr. Mihranian agreed to conduct an annual salary review concurrently with the City Manager’s annual performance evaluation. In addition, City Council undertook the salary review required by Section 5.2 of his Employment Agreement during a lawfully convened closed session. Due to that review, the City Council and City Manager now desire to amend the Employment Agreement. Given that the initial term of the City Manager’s Employment Agreement was for a term of three years, this amendment would extend that term for an additional three years. DISCUSSION: Under the terms of the proposed Amendment No. 3 (Attachment A), Section 2.5 of the Employment Agreement would be amended as follows: “2.5 Term. The term of this Agreement shall be for three (3) years commencing from and after the Effective Date, subject to Sections 2.2, 2.3, and/or 2.4 of this Agreement February 19, 2023, and ending at midnight Pacific standard time on February 18, 2023 2026, unless termination of this Agreement is effected as provided herein. The term of the Agreement may be extended by mutual agreement of the parties in the manner as provided in Section 13.0 of this Agreement.” Section 5.1 of the Employment Agreement would also be amended as follows: “5.1 Annual Compensation. Effective February 19, 2023, City agrees to compensate City Manager for his services rendered hereunder at an annual salary of TWO HUNDRED TWENTY-SIX THOUSAND DOLLARS ($226.000) TWO HUNDRED THIRTY-TWO THOUSAND EIGHT HUNDRED DOLLARS ($232,800) as may be adjusted, from time-to-time, in accordance with Section 5.3 2 hereinafter, or as this Agreement may be amended. Such salary shall be payable in installments at the same time as othe r Department Head employees of City are paid. City Manager shall pay his contribution to MediCare and SDI.” “5.1.1 Retention Payment. City hereby affords City Manager a one- time retention payment of FIFTEEN THOUSAND DOLLARS ($15,000) TEN THOUSAND FIVE HUNDRED DOLLARS ($10,500) in recognition of his exemplary service to City. Such retention payment shall be paid directly to City Manager.” CONCLUSION: Staff recommends the City Council approve Amendment No. 3 to the City Manager’s employment agreement and authorize the Mayor to execute the same. ALTERNATIVES: In addition to the recommendation, the following alternative action is available for the City Council’s consideration: 1. Do not approve the amendment. 2. Take other action, as deemed appropriate. 3 1 AMENDMENT NO. 3 TO CITY MANAGER EMPLOYMENT AGREEMENT This AMENDMENT NO. 3 (“Amendment No. 3”) to that certain “CITY MANAGER EMPLOYMENT AGREEMENT BETWEEN CITY OF RANCHO PALOS VERDES & ARA MICHAEL MIHRANIAN, AICP,” entered into February 21, 2023, (the “Employment Agreement”), is made by and between the CITY OF RANCHO PALOS VERDES, a general law city & municipal corporation (“City”) and Mr. ARA MICHAEL MIHRANIAN, AICP, an individual (hereinafter referred as the “City Manager”). RECITALS A. City and City Manager have previously entered into the Employment Agreement whereby City’s City Council employed the City Manager to serve in the position of City Manager as prescribed by state law and as codified in Title 2, Chapter 2.08, of City’s Municipal Code. B. City and City Manager have previously entered into Amendment No. 1 the Employment Agreement, the same being effective January 2, 2021. C. City and City Manager have previously entered into Amendment No. 2 the Employment Agreement, the same being effective February 1, 2022. D. Pursuant to Section 5.2 of the Employment Agreement, City and City Manager agree to conduct an annual salary review concurrently with the City Manager’s annual performance evaluation pursuant to Section 6.2 of the Employment Agreement. E. On February 7, 2023, City’s City Council undertook the annual performance evaluation and the salary review required by the Section 5.2 of the Employment Agreement during a lawfully convened closed session. F. As a consequence of that review, City’s City Council and City Manager now desire to further amend the Employment Agreement, as amended, as follows: TERMS 1. Contract Changes. The Employment Agreement, as amended, is further amended as provided hereinafter. (Deleted text is indicated in strikethrough & added text in bold & italics.) a. “2.5 Term. The term of this Agreement shall be for three (3) years commencing from and after the Effective Date, subject to Sections 2.2, 2.3, and/or 2.4 of this Agreement February 19, 2023, and ending at midnight Pacific standard time on February 18, 2023 2026, unless termination of this Agreement is effected as provided herein. The term of the Agreement may be extended by mutual agreement of the parties in the manner as provided in Section 13.0 of this Agreement.” b. “5.1 Annual Compensation. Effective February 19, 2023, City agrees to compensate City Manager for his services rendered hereunder at an annual A-1 2 salary of TWO HUNDRED TWENTY-SIX THOUSAND DOLLARS ($226.000) TWO HUNDRED THIRTY-TWO THOUSAND EIGHT HUNDRED DOLLARS ($232,800) as may be adjusted, from time-to-time, in accordance with Section 5.3 hereinafter, or as this Agreement may be amended. Such salary shall be payable in installments at the same time as other Department Head employees of City are paid. City Manager shall pay his contribution to MediCare and SDI.” c. “5.1.1 Retention Payment. City hereby affords City Manager a one-time retention payment of FIFTEEN THOUSAND DOLLARS ($15,000) TEN THOUSAND FIVE HUNDRED DOLLARS ($10,500) in recognition of his exemplary service to City. Such retention payment shall be paid directly to City Manager.” 2. Continuing Effect of Employment Agreement. Except as amended by this Amendment No. 3, all other provisions of the Employment Agreement, as amended, shall remain unchanged and in full force and effect. From and after the date of this Amendment No. 3, whenever the term “Employment Agreement” appears in the Employment Agreement, it shall mean the Employment Agreement, as amended by this Amendment No. 3. 3. Affirmation of Employment Agreement; Warranty Re Absence of Breaches or Defaults. City and City Manager each ratify and reaffirm each and every one of the respective rights and obligations arising under the Employment Agreement. Each party represents and warrants to the other that there have been no written or oral modifications to the Employment Agreement other than as provided herein. Each party represents and warrants to the other that the Employment Agreement is currently an effective, valid, and binding obligation. City Manager represents and warrants to City that, as of the date of this Amendment No. 3, City is not in breach or default of any material term of the Employment Agreement and that there have been no events that, with the passing of time or the giving of notice, or both, would constitute a material breach or default under the Employment Agreement. City represents and warrants to City Manager that, as of the date of this Amendment No. 3, City Manager is not in breach or default of any material term of the Employment Agreement and that there have been no events that, with the passing of time or the giving of notice, or both, would constitute a material breach or default under the Employment Agreement. 4. Adequate Consideration. The parties hereto irrevocably stipulate and agree that they have each received adequate and independent consideration for the performance of the obligations they have undertaken pursuant to this Amendment No. 3. 5. Authority. The persons executing this Amendment No. 3 on behalf of the parties hereto warrant that (i) such party is duly organized and existing, (ii) they are duly authorized to execute and deliver this Amendment No. 3 on behalf of said party, (iii) by so executing this Amendment No. 3, such party is formally bound to the provisions of this Amendment, and (iv) the entering into this Amendment No. 3 does not violate any provision of any other agreement to which said party is bound. IN WITNESS WHEREOF, the parties hereto have executed this Amendment No. 3 on the date and year first-above written. A-2 3 CITY OF RANCHO PALOS VERDES ______________________________ Barbara Ferraro, Mayor Dated: ________________________ ATTEST: Teresa Takaoka, City Clerk APPROVED AS TO FORM: William Wynder, City Attorney CITY MANAGER ______________________________ Ara Michael Mihranian, AICP Dated: __2-14-2023______________________ [END OF SIGNATURES] A-3