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R-1678 - 11/14/2017 - FIRE DEPARTMENT - Resolutions RESOLUTION 2017-FD-PSI-AG-EX-R-1678 A RESOLUTION AUTHORIZING A RATE INCREASE IN THE ANNUAL COMPENSATION IN THE EXISTING AGREEMENT BY AND BETWEEN THE VILLAGE OF OAK BROOK AND PARAMEDIC SERVICES OF ILLINOIS WHEREAS, on October 16, 2014, the Village of Oak Brook ("Village's entered into a three-year agreement with Paramedic Services of Illinois ("PSI' for PSI to provide the Village paramedic services ('Agreement'; and WHEREAS, Section 18 of the Agreement provides that PSI's compensation shall be evaluated and adjusted to a mutually agreed upon rate based on the cost of PSI's employee benefits and operational costs; and WHEREAS, the Village and PSI have evaluated and negotiated an agreement to provide PSI a two percent increase in its compensation per the "Increased Rate" column in the table below: TIME PERIOD 2015 RATE INCREASED RATE November 1, 2015 through October 31, 2016 $516,110 $526,433 November 1, 2016 through October 31, 2017 $526,433 $536,961 WHEREAS, the Village President and Board of Trustees hereby find and determine that it is in the best interest of the Village to approve the increases in compensation as specified in the table above. NOW, THEREFORE, BE IT ORDAINED BY THE PRESIDENT AND BOARD OF TRUSTEES OF THE VILLAGE OF OAK BROOK, DU PAGE AND COOK COUNTIES, ILLINOIS as follows: Section 1: Recitals. The foregoing recitals are incorporated into, and made a part of, this Resolution as the findings of the Village President and Board of Trustees. Section 2: Approval of Compensation Increases. The President and Board of Trustees hereby approve a two percent compensation increase for the period November 1, 2015 through October 31, 2016 in the amount of $526,433, and a two percent compensation increase for the period November 1, 2016 through October 31, 2017 in the amount of$536,961. Section 3: Effective Date. This Resolution shall be in full force and effect upon passage and approval in the manner provided by law. [SIGNATURE PAGE FOLLOWS] Resolution 2017-FD-PSI-AG-EX-R-1678 PSI Compensation Increases Page 2 of 2 APPROVED THIS 14th day of November, 2017. Gopal G. Lalmalani Village President PASSED THIS 14th day of November, 2017. Ayes: Trustees Baar, Cuevas, Manzo, Tiesenga, Yusuf Nays: None Absent: Trustee Saived ATTEST: Charlotte K. Pruss ,';' Village Clerk