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City of <br /> Elk <br /> River <br /> Resolution 13- <br /> A Resolution of the City of Elk River to Amend and Restate the City's <br /> Flexible Benefits Plan <br /> WHEREAS, the City of Elk River previously adopted the City of Elk River Flexible <br /> Benefits Plan ("Plan") on June 6, 1988, to permit eligible Employees to elect to receive a <br /> portion of their compensation as regular taxable income or as nontaxable payment of the <br /> Employee's premiums for Employer-sponsored insurance and for reimbursement of the <br /> Employee's Health Care Expenses and Dependent Care Expenses; and <br /> WHEREAS, the Plan has continued in force at all times since its effective date; and <br /> WHEREAS, the City of Elk River desires to amend and restate the Plan to incorporate all <br /> relevant regulatory changes since the last Plan modification,which was on January 1, 2008; <br /> and <br /> WHEREAS, the City of Elk River desires to amend and restate the Plan to incorporate a <br /> provision to allow eligible Employees to Opt-out of Employer-sponsored health insurance. <br /> NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Elk <br /> River,Minnesota, as follows: The City of Elk River Flexible Benefits Plan be amended and <br /> restated effective January 1, 2013. <br /> Passed and adopted this 16"'day of December 2013. <br /> John J. Dietz,Mayor <br /> ATTEST: <br /> Tina Allard, City Clerk <br /> POWERED 91 <br /> 1`4 f U <br />