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City of <br />Elk -�-� <br />River <br />City of Elk River <br />City Council <br />Resolution 23- <br />A Resolution of the City Council of the City of Elk River to Amend and <br />Restate the City's Flexible Benefits Plan <br />WHEREAS, the City of Elk River previouslyT adopted the Cit�T of Elk River Fle�ble <br />Benefits Plan ("Plan") on June 6, 1988, to permit eligible employTees to elect to receive a <br />portion of their compensation as regular taxable income or as nontaxable payTment of the <br />employTee's premiums for employer-sponsored insurance and for reimbursement of the <br />employTee'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 most recent revision and restatement of the plan was Januar�T 1, 2020; <br />and <br />WHEREAS, The Cityr of Elk RiveY desires to amend and restate the plan to incorpoYate <br />the adjustment of the maximum carryTover for the Health Flexible Spending Account to the <br />maximum allowed by the IRS beginning JanuaryT 1, 2023. <br />NOW, THEREFORE, BE IT RESOLVED byT the CityT Council of the CityT of Elk <br />River, iVlinnesota, as follows: The CityT of Elk River Flexible Benefits Plan be amended and <br />Yestated effective Januaryr 1, 2023. <br />Passed and adopted this 3Yd da�r of Januar�r 2023. <br />John J. Dietz, Mayor <br />ATTEST: <br />Tina Allard, CityT Clerk <br />rowEREo er <br />���V�� <br />