Res 1991-104 - Laserfiche WebLink

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Mr. Mark Rose August 21, 1991 Page TWo On a quarterly basis, the City shall furnish LCRA all information needed by LCRA to determine the amount, if any, payable to the City for such sick leave utilization. Such information shall include, but not be limited to names, social security numbers, number of hours of sick leave taken, dates on which sick leave was taken, and hourly rates of pay. LCRA shall pa:: the City the amount due in accordance with this agreement within 30 days of receipt of such information. On October 31, 1991, LCRA agrees to pay the City either (1) an amount equivalent to 80 hours of annual leave for each transferring employee, or (2) the number of actual hours of annual leave accrued by a transferring employee as of October 1, 1991, for each transferring employee, whichever is less. The City will credit each transferring employee 80 hours of annual leave or the. number of actual hours accrued by the transferring employee if less than 80 hours, on its books and employment records. If a transferring employee has over 80 hours of annual leave accrued as of October 1, 1991, LCRA will pay such employee an amount equivalent to the. balance, after subtracting the 80 hours transferred to the City, of annual leave accrued or 1.60 hours of annual leave., whichever is less, reduced by ,my applicable taxes. The City will waive the application of Section II (H) of its Personnel Policy Manual to transferring employees who have satisfactorily complnted their initial 90 days of emploYment with LCRA. On Octobt'~r 1, 1991, LCRA will notify the City of any transferring employees who have not satisfactorily completed their initi.al 90 days of, employment with LCRA as. of October 1, 1991. Transferring employees who have not satisfactorily completed their initial 90 days of emploYment with LCRA will tram!J fer to the City the unexpired term of this probationary period. The City agrees to '(,Jai ve the thirty day waiting period for health insurance coverage and will cover pre-existing conditions. LCRA. will offer continuation of health insurance for such employees in accordance with COBRA. This letter of agreement contains, and is intended by the ci ty and LCRA. as a final. expression of, the entire agreement between the City LCRA with respect to the transactions contemplated by this agreement, and supersedes. all prior oral or written agreemen't:s, arrangements or unders.tandings with respect thereto. -