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Regular Council Meeting July 22, 2024 Page 3 10. Approve the Final Plat of the Celebration Paris Addition CB 315, Lots 1 and 2 of Block A, Lot 1 of Block B, Lot 1 of Block C, LCAD 40949, 50931 and 100545, located in the 4300 Block of Lamar Ave. Regular Agenda 11. Receive presentation about a COLA for City of Paris retirees. Finance Director Gene Anderson said in 2004 the City Council adopted an ordinance which repealed the automatic granting of retiree COLAs and employee Updated Service Credits, because they wanted to vote on these items each year. He also said COLAs and employee USCs were granted on an annual basis in 2005, 2006, 2007 and 2008, but neither had been granted since that time. Mr. Anderson reported the primary obstacle to granting a COLA had been the cost. He said if Council wanted to effect a change, they would need to adopt an ordinance specifying the desired change and forward that ordinance to TMRS in advance of the coming new year. Mr. Anderson stated that the State Law that governs TMRS states that any COLA for retirees could not be given unless current employees also receive a USC; however, the reverse was not true. He said that current employees could receive a USC without having to grant retirees a COLA. Mr. Anderson explained the percentages for the City's contribution and stated that rate would increase 5.77% which would increase the City's gross payroll a cost of $1,162,922. He said the City would need to generate reoccurring revenue to equal this reoccurring expense, or cut expenses, or a combination of the two. Mr. Anderson answered questions from City Council. 12. Receive presentations from Strategic Government Resources and Baker Tilly regarding available services for a city manager search. Interim City Manager Rob Vine introduced Ron Hollifield from SGR. Mr. Vine said he had received a proposal from Baker Tilly and had forwarded that to Council last week. Council Member Putnam inquired about the average tenure of a city manager and Mr. Hollifield said it use to be 4 1/2 years but it was all over the place now. Mayor Pankaj asked if the City would get a guarantee. Mr. Hollifield said if a city manager did not work out within the first 12 months, they would go back out for applicants. Council Member Kessel asked about the timeline and Mr. Hollifield explained the process of three tiers with step one being sitting down with he Council and then hitting the street. 13. Discuss, conduct a public hearing and act on ORDINANCE NO. 2024-019: AN ORDINANCE APPROVING AND ADOPTING AMENDMENTS TO THE COMPREHENSIVE PLAN AND FUTURE LAND USE MAP FOR THE CITY OF PARIS FROM MEDIUM DENSITY RESIDENTIAL (MDR) TO HIGH DENSITY RESIDENTIAL (HDR) FOR PART OF TRACT 28, A208 E CROW SURVEY, LOCATED IN THE 4300 BLOCK OF PINE MILL ROAD.