Monterey Park
City Council
12.B. Consideration and possible action to authorize the Mayor to execute the First
Amendment to the City Manager's Employment Agreement for a three-year term (with
options for one to two year extensions) with Ms. Inez Alvarez. Fiscal Impacts include,
without limitation, a (1) base compensation for a total of $315,731.60 beginning the
first full pay period after July 1, 2026; (2) vehicle allowance of $600 per month; and (3)
medical, disability, an other fringe benefits included, without limitation, CalPERS
retirement benefits substantially the same as other department directors. The total
compensation package is approximately $1,040,838.70 for the initial three year term.
An increase in base salary would occur upon the anniversary date based upon the
percentage increase granted by the City Council to executive management
employees.
It is recommended that the City Council consider:
1. Authorizing the Mayor to execute an amendment to the employment agreement with
Ms. Inez Alvarez, in a form approved by the City Attorney; and
2. Taking such additional, related, action that may be desirable.
13. City Communications (City Council) / Future Agenda Items
14. Closed Session (if Required; City Attorney to Announce)