(a) Any side letter of agreement having a monetary impact of ten thousand dollars ($10,000) or more, be it with individual employees or groups of employees, shall be of no effect without the approval or ratification of the City Manager and City Council.
(b) It shall be an exception hereunder if there is information contained within or regarding such agreement that is disciplinary or personal in nature to the extent that it would not otherwise be beneficial to the public to have the details disclosed. Should this exception be utilized, the City Manager and the City Council shall be copied on such agreement within fifteen days of its execution.
(1) This exception only applies if the monetary impact is less than fifty thousand dollars ($50,000).
(2) This exception shall require the ratification of the City Manager and the City Council if within ninety days of the end of the then current term of office of the executing official.
(Ord. 2015-37. Passed 8-3-15; Ord. 2017-56. Passed 7-17-17.)