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City of <br /> <br />River <br /> <br />TO: <br /> <br />FROM: <br /> <br />DATE: <br /> <br />SUBJECT: <br /> <br />kem 04.6. <br /> <br />MEMORANDUM <br /> <br />Mayor & City Council <br /> <br />Lori Johnson, Finance Director <br /> <br />January 8, 2001 <br /> <br />Consider Resolution Approving the Amendment and <br />Restatement of the City's Flexible Benefits Plan <br /> <br />It has been several years since the city's flexible benefits plan document (the <br />document required by the IRS to allow medical and dependent care pretax <br />deductions) was updated. The need to update this document to incorporate <br />recent law changes was discussed and approved by the council in November <br />when the new full flexible benefits plan was approved. Although the council <br />already approved this restatement by motion, law requires that the council <br />approve this action by resolution. Attached is a resolution requesting that the <br />city's flexible benefits plan be amended and restated. <br /> <br />Action Requested <br /> <br />The council is asked to approve the attached resolution approving the <br />amendment and restatement of the City of Elk River flexible benefits plan. <br /> <br />13065 Orono Parkway · P.O. Box 490 · Elk River, MN 55330 · TDD & Phone (763) 441-7420 · Fax (763) 441-7425 <br /> <br /> <br />