Tarrant Water District To Pay Former GM About $257K

Arlington TX

09 October, 2021

3:47 PM

Description

By Jessica Priest, Fort Worth Report October 8, 2021 The Tarrant Regional Water District will pay its former general manager $161,647.20 not to sue the agency led for almost four decades. He also will receive almost $100,000 tied to his unused paid leave and retirement benefits. The agreement was signed by both the water district board and Jim Oliver on Sept. 30 and became public Friday. It also states the district will pay Oliver an additional $95,674.28 on Oct. 15. That amount is tied to his 580.99 hours of unused paid leave, as well as his 401k contribution payout. This comes in exchange for Oliver releasing the water district of all current and future claims and promising to cooperate with it should he be needed as a witness in future, unrelated litigation involving the district. To read the full article, click here. Fort Worth Report is a nonpartisan, nonprofit news organization that produces factual, in-depth journalism about city and county government, schools, healthcare, business, and arts and culture in Tarrant County. Always free to read; subscribe to newsletters, read coverage or support our newsroom at fortworthreport.org.