Resolution #19-25: Resolution Authorizing the Vernon Township Municipal Utilities Authority to Execute a Separation Agreement with the Executive Director

Date of Adoption: April 18, 2019

WHEREAS, the Vernon Township Municipal Utilities Authority (“VTMUA”) is a public body politic and corporate constituting a political subdivision of the state established as an instrumentality exercising public and essential governmental functions to provide for the public health and welfare, established pursuant to N.J.S.A. 40:14B-1, et seq.; and

WHEREAS, John Scerbo (“Scerbo”) is employed by the VTMUA as the executive director and has submitted his resignation from employment; and

WHEREAS, the VTMUA and Scerbo desire to set forth the terms and conditions of Scerbo’s separation from employment with the VTMUA; and

WHEREAS, the parties have reduced the rights and obligations of the other to writing in the form of a separation agreement (the “Agreement”), which agreement is made a part hereof.

NOW THEREFORE IT BE RESOLVED by the commissioners of the Vernon Township Municipal Utilities Authority, that the separation agreement is hereby approved.

BE IT FURTHER RESOLVED that the commissioners of the Vernon Township Municipal Utilities Authority hereby authorize and direct the chairman to execute the agreement and that a copy of said agreement be kept on file in the office of the VTMUA.