Monterey Park

City Council

5-A. CONSIDERATION AND POSSIBLE ACTION TO AUTHORIZE THE MAYOR TO EXECUTE AN EMPLOYMENT AGREEMENT WITH ASSISTANT CITY MANAGER INEZ ALVAREZ, IN A FORM APPROVED BY THE CITY ATTORNEY, TO PERFORM AS THE INTERIM CITY MANAGER. FISCAL IMPACTS INCLUDE (1) AN APPROVED 5% INCREASE IN BASE COMPENSATION FOR A TOTAL OF $230,766 BEGINNING JULY 8, 2023 DURING THE TERM OF THE AGREEMENT; AND (3) THE FRINGE BENEFITS ACCORDED THE ASSISTANT CITY MANAGER VIA RESOLUTION NO. XXX, ADOPTED JULY 5, 2023 It is recommended that the City Council consider: (1) Authorize the Mayor to execute a contract with Ms. Inez Alvarez in a form approved by the City Attorney; and (2) Taking such additional, related, action that may be desirable. Page 5 of 276 Monterey Park City Council Agenda, July 5, 2023 - Page 6