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. . . . .�_.,...,..... �.... ,� <br /> w � � .. <br /> + � C�t� o� ORONO <br /> � RESOLUTION OF THE CITY COUNCIL <br /> � NO. 2149 <br /> • - • • <br /> B. The incentive bonus fund shall be divided among the <br /> employees who have remained employed as of the last <br />` business day prior to the sale of the operation based on <br /> their percentage share of the total points of those <br /> remaining. <br /> Lorraine McGowan 5 - <br /> Pat Higus 2 <br /> Dian Ehrenberg 2 <br /> Blake Thies � 1 <br /> Cris Fink .' 1 <br /> Rosemary Burmaster 1 <br /> . � <br /> (As an example if all employees remain to closing, <br /> Lorraine will receive 5/12's = 41.7$ of the total. If <br /> one of the part timers leaves it is 5 points of the <br /> � total of 11 or 45.4�.) <br /> This amount will not be used in calculating any regular <br /> pay or severance benefits . <br /> B� IT FIIRTHER RESOLVED, that an additional bonus is <br /> available to the liquor store Manager Lorraine McGowan that for <br /> each $5,001� that the total inventory is reduced below the 1/1/87 <br /> amount of $86,45�J she will be entitled to $1��.04J not t� exceed a <br /> total of $5Q1PJ.0fd. This bonus is effective only if the operation <br /> meets the benchmarks established above. � <br /> This amount will not be used in calculating any regular <br /> pay or severance benefits . <br /> All bonus amounts will be calculated following the close <br /> of the store business and are to be paid to the employees within <br /> 3fd days of the close of the business. <br /> Adopted by the City Council of the City of Orono, <br /> Minnesota, at a regular meeting held March 17, 1987. <br /> ATT S� : James . Gra ayor <br /> • - _ - - <br /> othy M allin, City Clerk _ ___ --- - - - <br />