Mt. CB approves town manager waiver and release agreement

$88K and everyone talk nice about each other

[  By Kendra Walker  ]

On Wednesday, March 22, the Mt. Crested Butte town council approved a waiver and release agreement for Isa Reeb, finalizing her termination as town manager. On March 9, the council unanimously voted to terminate her employment contract. Reeb had been the town manager since March 2021. 

The separation agreement outlines that Reeb will receive compensation in one lump sum in the amount of $88,041.32, which “reflects all compensations to which you are entitled including but not limited to, wages and earned but unused vacation time, and insurance, following your last paycheck,” as stated in the agreement.

Per the agreement, Reeb will also provide professional assistance at Town’s request for 180 days from the March 22 separation agreement date. “In partial consideration for the compensation set forth above, you shall, for a period of 180 days from March 22, 2022, at Town’s request, provide professional, reasonable procedural and informational assistance to Town, either in person or by telecommunications. Such assistance shall not exceed a total of twenty hours.”

The agreement also states that both Reeb and the Town agree to “refrain from making any defamatory or disparaging remarks, comments, or statements [concerning each other] to any third parties.”

Additionally, the agreement states that Reeb agrees to serve as a witness if necessary should the Homestead affordable housing project proceed to litigation. Per her employment contract, Reeb was originally promised residence in one of the town-owned Homestead units during her tenure as town manager, but the 22-unit affordable housing project has been significantly delayed and the developer Lance Windell has been in default of his contract since November. 

Reeb signed the waiver and release agreement on March 24. Community development director Carlos Velado is currently serving as acting town manager, and the council has appointed Greg Sund as town manager until they hire a new manager. Previously, Sund was the acting town manager for Telluride and served as city manager for Trinidad, Colorado. He is slated to begin in mid-April.