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Item I2 ,-'i._"j"I" 1 : 1'-I.-...I'-'! 1 f-f-t~C. roll LAND AUTHORITY GOVERNING BOARD AGENDA ITEM SUMMARY Meeting Date: July 17.200, Bulk Item: Yes No X Department: Land Authority Agenda Item Wording: VICE CHAIRMAN NELSON ~ Extension of the Executive Director's omploymcf1t contract Item Background: The Executive Director's employment contract expires on September 7,2002. Advisory Committee Action: N/A Previous Governin~ Board Action: The Governing Board hired Mr. Rosch as F1(Ar.lltj\i~ Director on September 9, 1993 and approved contract extensions on March 20, 1996 and August 12, 1999. ContractlAgr99mGnt Changec: Employment term extendad for t.~roo yctlrs to September 7, 2005. Annual salary increased by $4,980 to $77,380. Recommendation: Approval Total Cost: $ 77.38U/year + benefits Cost to Land Authority: $ 77 . 380lvear + benefits Budgeted: Yes ~ No Approved By: Attorney..1L. OMS/Purchasing _ Risk Management _" Approval: .~-- Documentation: Included: L To Fol!ovv~ Not Requ!red: _' Disposition: Agenda Item LA #2 ADDENDUM III TO EMPLOYMENT AGREEMENT This ADDENDUM III to the Employment Agreement is entered into this _ day of 2002 by and between the Monroe County Comprehensive Plan Land Authority, a land authority pursuant to section 380.0663, Florida Statutes, (hereinafter "Authority") and Mark J. Rosch, (hereinafter "Employee"). WHEREAS, the parties hereto entered into an Employment Agreement dated September 8, 1993 (hereinafter "Employment Agreement"; and WHEREAS, the initial term of the Employment Agreement expired September 8, 1996 and was extended by Addendum I on March 20, 1996 and by Addendum II on August 12, 1999; WHEREAS, pursuant to paragraph 9 of the Employment Agreement, the parties hereto desire to extend the term of the Employment Agreement; NOW THEREFORE, the Authority and the Employee mutually agree as follows: 1. The term of the Employment Agreement is hereby extended to include the period from September 8,2002 to September 7,2005. 2. The Employee's salary for the duration of fiscal year 2002 shall be $77,380.00 per year. 3. All other provisions of the Employment Agreement shall remain in effect. The Employment Agreement and Addendum I, Addendum II, and Addendum III to the Employment Agreement embody the entire Agreement between the parties. IN WITNESS WHEREOF, the parties hereto have executed this agreement the day and year above first written. MONROE COUNTY COMPREHENSIVE PLAN LAND AUTHORITY By: Murray Nelson, Vice Chairman Witnesses as to Chairman EMPLOYEE By: Mark J. Rosch Witnesses as to Employee Approved for Legal Sufficiency By: Larry Erskine