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Management shall also be granted to City Manager to maintain a monthly flexible <br />benefit amount of 16% above the Executive Managers. <br />B. Effective the first payroll period commencing on or after July 1, <br />2011, or the date of City Council adoption of this Resolution, whichever is later, the <br />above City- funded employee PERS contributions shall be reduced from 7% to 5.875% <br />of PERS reportable compensation. <br />3. Pursuant to Section 10 (C), the City Council awards a one -time <br />performance award of five percent (5 %) of annual salary. <br />APPROVED AND ADOPTED this 16th day of August, 2011 <br />ayor <br />I, Kathie Mendoza, Interim City Clerk of the City of Brea, do hereby certify that the <br />foregoing Resolution was adopted at a regular meeting of the City Council of the City of <br />Brea held on the 16th day of August, 2011 by the following vote: <br />AYES: COUNCIL MEMBERS: Garcia, Murdock, Schweitzer <br />NOES: COUNCIL MEMBERS: Simonoff, Moore <br />2 August 16, 2011 <br />RESO. 2011 -074 <br />