Thursday, October 12, 2006
After eight months of talks, the Town Council has reached an agreement with Michael Driscoll under which he will stay on as town manager for nearly three more years.
Under the old deal, Driscoll's contract was automatically extended a year if the council failed to notify him 12 months before the contract expired that he would not be renewed.
If the council missed that deadline and decided to fire him, the town could have been forced to pay up to two years’ salary. The new agreement calls for nine months of severance if Driscoll is let go before the contract ends.
The council also plans to give Driscoll two separate wage increases, which together would bring his base salary to $126,778, up from $121,855.
-- Christina Pazzanese