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HomeMy WebLinkAbout2014-157 Council ResolutionCITY OF LINO LAKES RESOLUTION NO. 14-157 RESOLUTION AMENDING THE CITY OF LINO LAKES FLEXIBLE SPENDING ACCOUNTS PLAN WHEREAS, WHEREAS, the plan was adopted per Resolution No. 78-90 with the effective date of January 1, 1991, and the plan was amended and restated per Resolution No. 95-156 with an effective date of January 1, 1996, and again per Resolution No. 00-119 with an effective date of January 1, 2001 and again per Resolution No. 03- 07 with an effective date of January 1, 2003, and again per Resolution No. 05-181 with an effective date of January 1, 2006,and again per Resolution No. 07-204 with an effective date of January 1, 2008, and again per Resolution 11-13, with an effective date of December 31, 2010, and again per Resolution 13-136, with an effective date of January 1, 2014 and WHEREAS, the City of Lino Lakes wishes to amend the plan document effective January 1, 2015, to include the following; • The Plan changes the maximum contribution amount for Medical (out of pocket) Expenses from $2,500 to $2,550. NOW THEREFORE BE IT RESOLVED, by the City Council of the City of Lino Lakes that: 1. The City of Lino Lakes Flexible Spending Accounts Plan be amended and adopted in the form presented to the City council effective as of January 1, 2015. Adopted by the Lino Lakes City Council this 15th day of December, 2014. The motion for the adoption of the foregoing resolution was introduced by Council Member Rafferty and was duly seconded by Council Member Stoesz and upon vote being taken thereon, the following voted in favor thereof: Rafferty, Stoesz, Roeser, Kuster The following voted against same: none Jul' Bartell, City Clerk Jeff Rein . yor CONSENT AGENDA ITEM D STAFF ORIGINATOR: Al Rolek MEETING DATE: December 15, 2014 TOPIC: Resolution No. 14-157, Resolution Amending the City of Lino Lakes Flexible Spending Accounts Plan VOTE REQUIRED: 3/5 INTRODUCTION The council is being asked to amend the City of Lino Lakes Flexible Spending Accounts Plan effective January 1, 2015. BACKGROUND: �- It is recommended that the city's Flexible Spending Accounts Plan be amended to incorporate any changes that may have occurred. The last plan document was updated in 2014. The following resolution incorporates one change to the current plan document. It is: • The Plan changes the maximum contribution amount for Medical (out of pocket) Expenses from $2,500 to $2,550 effective January 1, 2015. RECOMMENDATION: Approve change to city's Flexible Spending Accounts Plan effective January 1, 2015.