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HomeMy WebLinkAbout102-Resolution.pdfRESOLUTION NO. RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA ADOPTING SIDE LETTER AGREEMENTS WITH THE SMO (SARATOGA MANAGEMENT ORGANIZATION) FOR REDUCTIONS WHEREAS, the City of Saratoga (City) and the Saratoga Management Organization (SMO) entered into a Memorandum of Understanding effective July 1, 2007 through September 30, 2011; and WHEREAS, representatives of the City and SMO have met and conferred in good faith regarding proposed amendments to the MOU and reached tentative side letter agreements dated June 7, June 23, and June 30, 2011 for an effective date of July 1, 2011 attached as Exhibit A to this resolution; and WHEREAS, SMO has previously ratified the terms and conditions of the side letter agreements dated June 7, June 23, and June 30, 2011 for an effective date of July 1, 2011 attached as Exhibit A to this resolution; and WHEREAS, this Council finds that the provisions and agreements contained in said side letter agreements fair and proper and in the best interest of the City; and NOW, THEREFORE BE IT RESOLVED, by the City Council of the City of Saratoga the terms and conditions contained in the side letter agreements dated June 7, June 23, and June 30, 2011 attached as Exhibit A to this resolution are hereby adopted. The above and foregoing resolution was passed and adopted by the Saratoga City Council at a regular meeting held on the 6th day of July 2011, by the following vote: AYES: NAYES: ABSTAIN: ABSENT: Howard A. Miller, Mayor ATTEST: DATE: Ann Sullivan, City Clerk