Peachtree City
Manager Jim Basinger has been offered a 15-month, $100,000-a-year contract
to remain the city's top employee.
The contract
was approved unanimously by council at its meeting Thursday night.
The contract
will automatically renew for additional one-year periods after Dec. 31,
2002 unless the city or Basinger give notice otherwise prior to Sept.
30 of each year.
With that one
exception, the remaining portions of the contract "reflect the current
treatment Mr. Basinger receives from the city," City Attorney Rick
Lindsey said in a cover letter to council members.
Basinger has
served as the city manager since 1984.
The contract
was necessary due to a regulation in the newly adopted city charter requiring
that the city manager be hired under a contract with the city, Lindsey
said.
Council will
still be permitted to terminate Basinger if it is ever deemed necessary,
but he is guaranteed three months' severance pay according to the contract.
The document spells out his monthly pay as $8,350, which equals $100,200
a year.
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