PRESENTER: Presenter
Ian Taylor, Chief Executive Officer, New Braunfels Utilities (NBU)
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SUBJECT: Title
Approval of the first reading of an ordinance providing the right to New Braunfels Utilities Board of Trustees Members to waive annual compensation and to revoke such waiver and reinstate annual compensation at any time.
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DEPARTMENT: New Braunfels Utilities (NBU)
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COUNCIL DISTRICTS IMPACTED: All districts impacted.
BACKGROUND INFORMATION:
Chapter 130, Article II, Section 130-30 of the New Braunfels Code of Ordinances (“Code of Ordinances”) requires that members of the New Braunfels Utilities (“NBU”) Board of Trustees, excluding the Mayor, receive an annual compensation of not less than $1,200. From time to time, NBU Board members have requested NBU staff to waive the $1,200 Board compensation required in Section 130-30 of the Code of Ordinances. In order to accommodate this request, NBU staff proposes modifying Section 130-30 of the Code of Ordinances to provide the right to NBU Board members to waive their annual compensation by written request to the CEO and to revoke such waiver and reinstate the Board member’s compensation at any time.
The proposed amended ordinance and board resolution are attached. The second reading of the proposed ordinance is scheduled for June 28, and, if approved, the proposed amendment becomes effective on June 28, 2021.
PROPOSED CODE OF ORDINANCE CHANGES
NBU staff has included in the City Council backup materials a redline version of Section 130-30 of the Code of Ordinances relating to board member compensation.
ISSUE:
No issue at this time.
FISCAL IMPACT:
No Fiscal impact.
Board/Commission Recommendation:
The New Braunfels Utilities Board of Trustees adopted a resolution on May 25, 2021, recommending the proposed amendment to Chapter 130, Article II, Section 130-30 of the Code of Ordinances relating to NBU Board member compensation.
Recommendation
RECOMMENDATION:
NBU Staff recommends approval of the ordinance.