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HomeMy WebLinkAbout2004-264 . THE CORPORATION OF THE MUNICIPALITY OF CLARINGTON BY-LAW 2004- 264 Being a By-law to amend By-law 2004-032, respecting severance remuneration for the Mayor and Members of Council. WHEREAS on January 19, 2004, Council adopted By-law 2004-032, approving severance remuneration for the Mayor and Members of Council; NOW THEREFORE BE IT ENACTED THAT: 1. Section 3 of By-law 2004-032 be replaced with the following wording Severance remuneration shall be equal to one-twelfth (1/12) the annual remuneration of the member, times the number of years service of the member, prorated for part years of service, to a maximum amount payable of eighteen (18) months remuneration and that the policy for severance continue to mirror the policy for the Region of Durham in accordance with resolution #C-038-04. 2. THAT this by-law shall come into force on the date of passage. By-law read a first and second time this 13 day of December ,2004. ,2004 By-law read a third time and finally passed this 13 day of December ~nftiL~ Jolm " "Mayo.-'...... / "/ .