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RESOLUTION NO. 2006 -14 <br />A RESOLUTION OF THE CITY COUNCIL OF <br />THE CITY OF NEWPORT BEACH ADJUSTING <br />THE COMPENSATION PAID TO THE <br />CITY MANAGER <br />WHEREAS, the City Council has evaluated the performance of the City <br />Manager during the preceding (12) months; <br />WHEREAS, an adjustment to the base salary and term modifications to <br />the current employment agreement are appropriate given the performance of the <br />City Manager and the compensation paid to other City Managers within Orange <br />County; and <br />WHEREAS, the proposed modifications to compensation and benefits are <br />reflected in the Fifth Amended Employment Agreement that is attached to this <br />Resolution as Exhibit A. <br />NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of <br />Newport Beach that the salary and benefits of the City Manager shall be as <br />specified in Exhibit A and that the Mayor is authorized to execute Exhibit A on <br />behalf of the City Council. <br />ADOPTED this 14th day of February 2006. <br />ATTEST: <br />City Clerk <br />(Ai <br />Mayor <br />