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R-2012-036-2012-03-26 RESOLUTION NO. R2012-36 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS, AUTHORIZING THE USE OF AVAILABLE FUND BALANCES TO MAKE COMPENSATION ADJUSTMENTS. BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF PEARLAND, TEXAS: Section 1. That staff is hereby authorized to proceed with compensation adjustments using existing fund balances from fiscal year budget 2012. Section 2. That the compensation adjustments herein authorized shall be an average of 2% one-time payment (non-recurring) to employees hired prior to October 1, 2011; and a 2% policy pay plan step increase (recurring) effective April 1, 2012. PASSED, APPROVED, AND ADOPTED this 26th day of March, A.D., 2012. TOM REID MAYOR ATTEST: / «R / R F Y S CRETA' S APPROVED AS TO FORM: "` C,& — DARRIN M. COKER CITY ATTORNEY