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HomeMy WebLinkAbout03-048 - ADMIN Resolution - City Council - 2003/05/05RESOLUTION NO. 03-048 0 RESOLUTION ADOPTING AND APPROVING EXPENDITURES OF FUNDS FOR EARLY RETIREMENT INCENTIVE PROGRAM; VOLUNTARY LEAVE WITHOUT PAY PROGRAM AND SUPPORT OF REDUCTION OF WORK HOURS • WHEREAS, the City needs to cut back on expenditures as part of the overall budget plan; and part of the plan is to reduce the levels of staffing, and WHEREAS, the City wishes to reduce staffing costs by offering a number of programs to help lower costs; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of St. Louis Park, Minnesota, that the City Council adopts three programs to help with budget reduction: Early Retirement Incentive, Voluntary Leave Without Pay Program and Reduction of Work Hours Request, and LET IT BE FURTHER RESOLVED by the City Council of the City of St. Louis Park, Minnesota, that the Council hereby adopts and approves funding for such programs and authorizes the City Manager to develop procedures and implement programs in the best interest of the City to reduce staffing costs. Also that the City Manager has the authonty to implement a post retirement savings plan to be used exclusively for those that meet the eligibility and participate in this Early Retirement Incentive Program with no additional cost to the City. Reviewed for Administration: iy Manager Attest: Ci Clerk Ado.ted by the City Council May 5, 2003