The Holbrook City Council has approved a contract with City Manager Randy Sullivan, who has been employed for more than 15 years as finance director and has several times during his tenure served as interim city manager for the City of Holbrook.
The contract went into effect Aug. 13, and is effective through Aug. 13, 2027, and includes an annual base salary of $148,000.
According to the contract, the agreement may be terminated by the City with or without cause at any time, subject only to the limitations in Section 3.08 of the City Charter. If the City Council terminates the agreement with cause, no severance pay will be paid to Sullivan unless otherwise approved by the City Council in its sole discretion. Sullivan may terminate the agreement at any time, with or without cause, upon not less than 30 days written notice to the City Council.
In the event the City Council terminates the agreement without cause, Sullivan shall be entitled to severance pay in a lump sum amount equal to six months of his annual base salary. Sullivan shall also be entitled to a pay-out of accrued and unused vacation and sick leave as of the effective date of termination.
