Stewart signs Employee Agreement
Former Cape Coral Manager Terry Stewart has signed a draft Employee Agreement to become the Beach’s next interim town manager. The action took place at Bennett’s Fresh Roast coffee shop located at 2011 Bayside Parkway, just off of West First Street, in Downtown Fort Myers Thursday.
All there is left for Stewart to become official is the voted approval of the FMB Town Council at their regular meeting at town hall on Monday.
According to town documents, Stewart agreed to accept a base salary of $100,000. During the probationary period (his interim status), he will not recieve Town-sponsored health, life, long-term and short-term disability insurance. The draft agreement provides an allowance for these benefits, worth approximately $26,454. The total annualized compensation package of salary and benefits is approximately $145,654, excluding mandatory FICA payments on his behalf
On Jan. 21, the Fort Myers Beach Town Council voted 5-0 to engage the services of Terrance E. Stewart as interim town manager.