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Amending Section 8.40 relative to the City Council Salary Plan.
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Be it hereby ordained by the Malden City Council that the Revised Ordinances of 1991 as amended be and the same are hereby further amended as follows:
-by striking out Section 8.40 as it currently exists and inserting in place thereof the following
SECTION 8.40 CITY COUNCIL SALARY PLAN
CITY COUNCILLOR $21,500.00
For purposes of this section, compensation shall include the cost incurred by the city for any benefits paid to a member of the Council, and monetary payments shall be reduced by the amount of said cost.
This section shall take effect on Jan. 1, 2016.