June 25, 2022 Breaking News, Latest News, and Videos

Former City Manager Rick Cole set to Receive 7 Months Pay

City Council to vote on separation agreement April 28

By Sam Catanzaro

Santa Monica’s former City Manager Rick Cole is set to receive his annual salary, which is over $300,000, as part of a separation agreement City Council is expected to approve next week.

With the City of Santa Monica facing a major budget deficit brought on by the novel coronavirus (COVID-19) outbreak, Cole stepped down last week from his post as City Manager. On April 18, the Council voted unanimously to accept Cole’s offer to step aside and relieved Cole of his duties as City Manager and placed him on paid administrative leave effective as of April 18.

According to a separation agreement that has been negotiated with Cole, the former City Manager will remain on paid administrative leave through July 4, 2020, at which time he will separate from City employment, allowing Cole to collect his $343,000 annual salary.

“Under Mr. Cole’s employment agreement with the City, upon his separation from his position as City Manager by mutual agreement he is entitled to 9 months of severance pay as well as certain additional benefits in accordance with the City’s Executive Pay Plan (“EPP”). Under the separation agreement, Mr. Cole will receive the EPP benefits called for by his employment agreement. In light of the time he will remain on paid administrative leave, Mr. Cole will receive only 7 months of severance pay, paid within 30 days after his removal from his City Manager duties,” reads a staff report on the agenda item.

The item is on the consent calendar for the Tuesday, April 28 City Council meeting. Consent agenda items are routinely passed by the City Council with little or no discussion from Councilmembers.

Also on the consent calendar is a motion to approve a $278,332 annual contract with Interim City Manager and City Attorney Lane Dilg.

in News
Related Posts

Active Shooter Training Set for Santa Monica Middle School Friday

June 23, 2022

June 23, 2022

Drill to take place at John Adams Middle School Friday morning By Sam Catanzaro ​​An active shooter training will take...

Metro Church and Cafe Fundraising To Keep Space in Santa Monica

June 23, 2022

June 23, 2022

Non-profit church and coffee shop shut down following false vermin complaint By Dolores Quintana Metropolis Santa Monica is a multi-use...

New Coffee Shop Open on Montana Avenue

June 23, 2022

June 23, 2022

Go Get ‘Em Tiger up and running on corner of Montana and 10th  By Dolores Quintana A new coffee shop...

15-Year Department Veteran Selected as Santa Monica’s Next Director of Library Services

June 22, 2022

June 22, 2022

Erica Cuyugan leads Santa Monica Public Library After performing a nationwide search, the City of Santa Monica recently selected Erica...

Cardboard City Returning to Santa Monica This Weekend

June 22, 2022

June 22, 2022

5,000 square foot innovative pop-up art installation returns June 25 with opening ceremony  Cardboard City, a 5,000 square foot innovative...

The Book Jewel Celebrates Pride Month as a Community

June 22, 2022

June 22, 2022

Westchester bookstore hosting series of events this month The Book Jewel in Westchester is hosting several events this month that...

Santa Monica Resident Injured in Apartment Fire

June 21, 2022

June 21, 2022

Pico Neighborhood apartment catches fire last week By Sam Catanzaro A Santa Monica resident was injured in an apartment fire...

Bonin Requests Lease Extension for a Bridge Home Homeless Shelter

June 21, 2022

June 21, 2022

Motion currently pending in City Council committee  By Sam Catanzaro Los Angeles City Councilmember Mike Bonin is pushing to extend...

Mountain Lion Killed by Vehicle Near the Same Spot Her Mother Was Fatally Struck in 2018

June 21, 2022

June 21, 2022

P-54 killed on Las Virgenes Road last Friday By Sam Catanzaro Not too far from where her mother was hit...

Rent Board Has Approves Highest Rental Increase In 40 Years: Santa Monica Beat – June 20th, 2022

June 20, 2022

June 20, 2022

Local news and culture in under 5 minutes.* Rent Board Has Approves Highest Rental Increase In 40 Years * Recreational Marijuana...

Santa Monica Families Earning Upwards of $190,000 Can Qualify for Mortgage Relief

June 17, 2022

June 17, 2022

State expands California Mortgage Relief Program By Sam Catanzaro Santa Monica families earning upwards of $190,000 can qualify for mortgage...

Santa Monica ‘Smart Home’ Hits Market for $17 Million

June 17, 2022

June 17, 2022

10,000 square foot home at 1410 Georgina Avenue for sale By Dolores Quintana Santa Monica has a new property on...

SMa.r.t. Column: The Mansionization of Santa Monica

June 17, 2022

June 17, 2022

Editor’s note: This column originally appeared in print in 2016.  In the 1980s, Santa Monica’s single family zoning code was...

Bass Pulls Ahead of Caruso in Latest Vote Tally

June 17, 2022

June 17, 2022

41-38 lead for Karen Bass in race for LA Mayor By Dolores Quintana The ballots are still being counted in...