Monterey Park
City Council
5-C. CONSIDERATION AND POSSIBLE ACTION TO AUTHORIZE THE MAYOR TO EXECUTE A
THREE-YEAR EMPLOYMENT AGREEMENT (WITH ONE-YEAR EXTENSION) WITH MS.
INEZ ALVAREZ, IN A FORM APPROVED BY THE CITY ATTORNEY, FOR CITY MANAGER
SERVICES. FISCAL IMPACTS INCLUDE, WITHOUT LIMITATION, A (1) BASE
COMPENSATION FOR A TOTAL OF $265,000 BEGINNING NOVEMBER 15, 2023; (2)
VEHICLE ALLOWANCE OF $600 PER MONTH; AND (3) MEDICAL, DISABILITY, AND
OTHER FRINGE BENEFITS INCLUDING, WITHOUT LIMITATION, CALPERS RETIREMENT
BENEFITS SUBSTANTIALLY THE SAME AS OTHER DEPARTMENT DIRECTORS. THE
TOTAL COMPENSATION PACKAGE IS APPROXIMATELY $325,278 FOR THE FIRST
YEAR. AN INCREASE IN BASE SALARY TO MEDIAN SALARY (OF SIMILARLY SIZED
CITIES) MAY OCCUR ON JANUARY 1, 2025 WITH A CORRESPONDING INCREASE IN
TOTAL COMPENSATION.
It is recommended that the City Council consider:
(1) Authorize the Mayor to execute an Agreement with Ms. Inez Alvarez, in a form approved
by the City Attorney; and
(2) Taking such additional, related, action that may be desirable.