BOARD AGENDA MEMORANDUM
SUBJECT:
Title
Resolution Approving the Terms of Compensation and Benefits for the Interim Chief Executive Officer (CEO).
End
RECOMMENDATION:
Recommendation
Adopt a Resolution APPROVING THE TERMS OF COMPENSATION AND BENEFITS FOR THE INTERIM CEO, NORMA CAMACHO, EFFECTIVE MARCH 9, 2016; AND AUTHORIZING THE CHAIR OF THE BOARD TO EXECUTE AN AGREEMENT BETWEEN THE DISTRICT AND NORMA CAMACHO.
Body
SUMMARY:
At the meeting on March 8, 2016, the Board of Directors appointed Norma Camacho as Interim CEO, and authorized the Board Chair to execute an Employment Agreement, effective March 9, 2016, outlining the terms of compensation and benefits.
Adopting the attached resolution (Attachment 1) approving Employment Agreement (Attachment 2) formalizes the appointment made during the March 8, 2016 meeting.
FINANCIAL IMPACT:
There is no financial impact associated with adopting the resolution. As the CEO is not a new position, the District’s current Fiscal Year 2016 budget includes the necessary funding for this position.
CEQA:
The recommended action does not constitute a project under CEQA because it does not have a potential for resulting in direct or reasonably foreseeable indirect physical change in the environment.
ATTACHMENTS:
Attachment 1: Resolution
Attachment 2: Employment Agreement
*Attachment 3: Handout 3.7-A & 3.8-A Wesley
UNCLASSIFIED MANAGER:
Manager
Michele King, 408-630-2711