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<br />RESOLUTION 05-_ <br /> <br />RESOLUTION OF THE CITY OF ELK RIVER <br />AMENDING THE CITY'S FLEXIBLE BENEFITS PLAN <br /> <br />The undersigned, Joan Schmidt, serving as Clerk of the City Council of the City of Elk River, (the <br />"City"), duly organized and existing under the laws of the State of Minnesota, does hereby certify <br />that at a meeting of the City Council, held on the 5th day of December, 2005, at which a quorum was <br />present, the City Council unanimously adopted the following resolution: <br /> <br />WHEREAS, the City of Elk River previously adopted the City of Elk River Flexible Benefits Plan <br />("Plan") on June 6, 1988; <br /> <br />WHEREAS, the City of Elk River desires to amend and restate the Plan in the following manner: <br /> <br />. Include IRS Notice 2005-42 provisions to allow a 2 1f2 month grace period for <br />health care claims incurred after the Plan Year has ended; <br />· Health Flexible Spending Arrangement maximum $3,000; <br />. Amend and restate the Plan to incorporate all previous Summary of Material <br />Modifications and to comply with the most recent and relevant regulatory changes <br />since the last Plan modification, which was on January 1, 2004. <br /> <br />NOW, THEREFORE, BE IT RESOLVED, that the City of Elk River Flexible Benefits Plan be <br />amended & restated effective January 1,2006; <br /> <br />BE IT FURTHER RESOLVED, that any authorized persons of the City are hereby authorized to <br />make such contributions from the funds of the City as are necessary to carry out the provisions of <br />said plan at any time. <br /> <br />Passed and adopted by the City Council of the City of Elk River this 5th day of December 2005. <br /> <br />Stephanie Klinzing, Mayor <br /> <br />ATTEST: <br /> <br />Joan Schmidt, City Clerk <br /> <br />S :\Resolutions\2005 Resolutions\FlexPlan.doc <br />