2024-012 - Approving an Addendum to the Employment Agreement dated March 9, 2020 between the City and Grayson Path

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RESOLUTION NO. 2024-012 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS; APPROVING AN ADDENDUM TO THE EMPLOYMENT AGREEMENT DATED MARCH 9, 2020 BETWEEN THE CITY AND GRAYSON PATH; AUTHORIZING THE MAYOR TO EXECUTE SAID CONTRACT ADDENDUM; MAKING OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; AND DECLARING AN EFFECTIVE DATE. WHEREAS, on the 91h day of March, 2020, the City of Paris and Grayson Adam Path entered into an Employment Agreement ("Agreement") whereby Employer contracted with Employee to provide professional services in the position of City Manager; and WHEREAS, on the 13th day of December, 2021, the Parties entered into an Addendum Number 1 to said Agreement extending the term of Employee's employment for an additional two years, or until April 26, 2025, and increasing the Employee's salary to $165,000.00; and WHEREAS, the Employer awarded the Employee a 2% cost of living adjustment in late 2022; and WHEREAS, on the 29th day of April, 2023, the Parties entered into an Addendum Number 2 to said Agreement increasing the Employee's salary to $174,300.00; and WHEREAS, the Parties wish to amend said Agreement to provide for an extension of the Employee's employment term, an increase in the Employee's compensation to award a cost of living adjustment, and other items; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PARIS, TEXAS, THAT: Section 1. The findings set out in the preamble to this resolution are hereby in all things approved. Section 2. The City Council hereby adopts and approves Addendum Number 3 to the Employment Agreement of March 9, 2020 between the City of Paris, Texas and Grayson Adam Path, a copy of which is attached hereto and incorporated herein for all purposes as Exhibit A. The City Council hereby also authorizes the Mayor to execute said Addendum on behalf of the City. Section 3. The effective date of this Addendum shall be January 29, 2024. Section 4. This resolution shall be effective immediately upon passage. PASSED AND APPROVED this 29" day of January, 2024 CITYQ�''''� ATTEST: O fiA anice Ellis, City Cleric 4RIS' ITEI �C.�`� Reginald B. Hughes, Mayor "