(A) Compensation of the town code sets forth that the compensation of elected officers may be fixed from time to time by resolution of Council. It is expressly understood that said increases shall be effected at the earliest possible date. That monthly compensation stipend for the Mayor is hereby set at $500 and the monthly compensation stipend for each Council member is hereby set at $400.
(B) (1) Council’s monthly stipend be pro-rated on a daily basis for the month their seat is in question by election, to be paid one-half after each regularly scheduled Council meeting for that month.
(2) If the Mayor or a Council member leaves office prior to the last day of a month or takes office after the first day of the month, their compensation shall be prorated on a daily basis and they should be paid for only those days of the month which he or she serves.
(C) (1) Each Council member’s monthly stipend payment shall be paid in installments of one-half after each regularly scheduled Council meeting.
(2) Each payment shall be dependent and conditioned upon the Council member’s attendance either in person or telephonically at each regularly scheduled Council meeting, unless such absence is excused by the Common Council
(Prior Code, § 2-1-5) (Ord. 89-08, passed - -1989; Res. 96-04, passed - -1996; Ord. 99-09, passed - -1999; Ord. 09-14, passed - -2009; Ord. 11-10, passed - -2011; Ord. 13-06, passed - -2013)