Basinger gets contract from PTC Council

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Basinger gets contract from PTC Council

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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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