File #: 24-113 CRA    Version: 1 Name:
Type: CRA Board Action Status: Agenda Ready
File created: 10/17/2024 In control: Community Redevelopment Agency
On agenda: 10/29/2024 Final action:
Title: FIFTH AMENDMENT TO EMPLOYMENT AGREEMENT FOR THE EXECUTIVE DIRECTOR
Attachments: 1. Agenda Cover Report, 2. Exhibit A - Fifth Amendment To Employment Agreement
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TO:                                          CRA Board of Commissioners

FROM:                      Christine Tibbs, Assistant Director

THROUGH:  Renée A. Jadusingh, Esq., Executive Director

DATE:                      October 29, 2024

 

Title 

FIFTH AMENDMENT TO EMPLOYMENT AGREEMENT FOR THE EXECUTIVE DIRECTOR

 

Body

Recommended Action:

Recommendation

Approve the Fifth Amendment to the Employment Agreement for the Executive Director.

 

Body

Background:

Per the Executive Director’s Employment Agreement dated June 14, 2019, “[o]n an annual basis, the Board of Commissioners of the CRA shall engage in an annual performance evaluation and salary and benefit review of said Employee on or about June 29th, during the term of this Agreement for the purpose of recommending compensation and benefit adjustment for the ensuing year.”

 

The CRA Board engaged in its annual performance evaluation and salary and benefit review of the Executive Director at the September 24, 2024, CRA Board meeting. At that time, the CRA Board recommended and approved at six percent (6%) annual salary increase retroactive to June 29, 2024.

 

At this time, the Fifth Amendment to the Executive Director’s Employment Agreement is before the CRA Board for approval.

 

Attachment(s): Exhibit A - Fifth Amendment to Employment Agreement