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File #: 24-572   
Type: Consent Calendar Status: Passed
File created: 8/13/2024 In control: City Council/Public Financing Authority
On agenda: 9/3/2024 Final action: 9/3/2024
Title: Adopt Resolution No. 2024-45 appointing David Cain as Interim Chief Financial Officer and approving the Employment Agreement
Attachments: 1. Att #1 Resolution No. 2024-45, 2. Att #2 David Cain Employment Agmt, 3. Att #3 Resume David Cain

REQUEST FOR CITY COUNCIL ACTION

 

SUBMITTED TO:                     Honorable Mayor and City Council Members                     

 

SUBMITTED BY:                     Eric G. Parra, Interim City Manager                     

 

VIA:                     Travis K. Hopkins, Assistant City Manager

 

PREPARED BY:                     Travis K. Hopkins, Assistant City Manager

 

Subject:

title

Adopt Resolution No. 2024-45 appointing David Cain as Interim Chief Financial Officer and approving the Employment Agreement

body

 

Statement of Issue:

The City is in the process of conducting a recruitment to fill the Chief Financial Officer vacancy created by the resignation of the former Chief Financial Officer on August 30, 2024. The City Manager recommends City Council approve the appointment of David Cain as Interim Chief Financial Officer until the recruitment process for a permanent Chief Financial Officer concludes.

 

Financial Impact:

No additional funding is requested. Funding is included in the FY 2024-25 budget.

 

Recommended Action:

recommendation

A) Adopt Resolution No. 2024-45, “A Resolution of the City Council of the City of Huntington Beach Appointing David Cain as Interim Chief Financial Officer;” and

 

B) Approve and Authorize the City Manager to execute the “Employment Agreement between the City of Huntington Beach and David Cain.

end

 

Alternative Action(s):

Do not approve the recommended action, and direct staff accordingly.

 

Analysis:

The City is conducting a recruitment to fill the position of Chief Financial Officer. To maintain the integrity of the City’s services and provide executive leadership to the Finance Department, it is recommended that City Council approve the appointment of David Cain to serve as the Interim Chief Financial Officer through the conclusion of the recruitment process. The adoption of Resolution No. 2024-45 and the execution of David Cain’s employment agreement is required by CalPERS for employment of retired annuitants at the Department Head/Executive level pursuant to Government Code Section 21221(h).

 

Cain has over 30 years of experience in Public Finance, including employment with Southern California public agencies at the Executive level and interim positions.

 

The hourly compensation for the position of Chief Financial Officer is the Non-Associated Range NA 0269, at $108.03 per hour with no City-provided benefits. The interim appointment of Cain is compliant with California Government Code Section 21221(h).

 

Environmental Status:

This action is not subject to the California Environmental Quality Act (CEQA) pursuant to Sections 15060(c)(2) (the activity will not result in a direct or reasonably foreseeable indirect physical change in the environment) and 15060(c)(3) (the activity is not a project as defined in Section 15378) of the CEQA Guidelines, California Code of Regulations, Title 14, Chapter 3, because it has no potential for resulting in physical change to the environment, directly or indirectly.

 

Strategic Plan Goal:

Non Applicable - Administrative Item

 

For details, visit www.huntingtonbeachca.gov/strategicplan <http://www.huntingtonbeachca.gov/strategicplan>.

 

Attachment(s):

1.                     Resolution No. 2024-45

2.                     David Cain Employment Agreement

3.                     David Cain Resume