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2023-03-20 - Ordinance 2023-039 - ESTABLISHING VILLAGE MANAGER PERFORMANCE BENEFIT 3/21/2023 ORDINANCE NO. 2023-039 AN ORDINANCE ESTABLISHING VILLAGE MANAGER PERFORMANCE BENEFIT WHEREAS, the Village of Buffalo Grove is a Home Rule Unit pursuant to the Illinois Constitution of 1970; and WHEREAS, the Corporate Authorities of the Village of Buffalo Grove by Ordinance No. 2022-139 approved an Employment Agreement Amended and Restated 2022, dated December 7, 2022 between the Village of Buffalo Grove and Dane C. Bragg; and WHEREAS, said amended Employment Agreement further establishes the terms of additional compensation and benefits.The Village Board wishes to provide compensation or benefits in addition to those enumerated in Section 4.D of the Agreement. NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT and BOARD OF TRUSTEES OF THE VILLAGE OF BUFFALO GROVE, LAKE and COOK COUNTIES, ILLINOIS,as follows: Section 1. The foregoing recitals are hereby adopted and incorporated into and made a part of this Ordinance as if fully set forth herein. Section 2. In support of his admirable performance for the year 2022, Dane C. Bragg, as Village Manager of the Village of Buffalo Grove, shall be awarded additional performance compensation in the amount of $30,000.00, payable upon passage of this ordinance. Section 4. The remaining terms and conditions of the Village Manager Employment Agreement shall remain in full force and effect. Section 5. This ordinance shall be effective upon its passage and approval. This ordinance shall not be codified. AYES: 5—Stein,Weidenfeld,Johnson,Smith, Pike NAYES: 0—None ABSENT: 1—Ottenheimer PASSED: March 20,2023 APPROVED: March 20, 2023 PUBLISHED: March 21,2023 ATTEST: APPROVED: �,�-. � r� ti� , Jan�AA:�irabian,Uill��ge�IerN: Beverly Suss I r sident :;,, - .���� :a