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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 Publ...

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