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HomeMy WebLinkAboutResolution 2005-86 - Authorizing The Establishment Of A Health Expense Reimbursement Arrangement PlanCity of Corcoran County of Hennepin State of Minnesota RESOLUTION NO. 2005 -86 MOTION BY MEMBER: Thomas SECONDED BY MEMBER: Lymangood RESOLUTION AUTHORIZING THE ESTABLISHMENT OF A HEALTH EXPENSE REIMBURSEMENT ARRANGEMENT PLAN WHEREAS, the Corcoran City Council deems it be advisable to provide a health expense reimbursement arrangement ( "Plan") for certain current and former employees of the City of Corcoran; WHEREAS, such Plan is intended to be a Health Reimbursement Arrangement ( "HRA ") within Sections 105 and 106 the Internal Revenue Code of 1986 ( "Code ") and in accordance with Revenue Ruling 2002 -41 (June 26, 2002); NOW, THEREFORE, BE IT RESOLVED, the Council hereby authorizes establishment of the Plan. BE IT FURTHER RESOLVED, that this Council hereby authorizes and directs the City Administrator of the City of Corcoran to act on behalf of the City of Corcoran in accomplishing the establishment of the Plan, including but not limited to executing the documents once finalized, and such person or persons be authorized to do whatever else is necessary to accomplish this objective. VOTING AYE X Cossette, Tom X Grabowski, Chuck _X_ Jacobs, Paul _X_ Lymangood, Chuck _X_ Thomas, Ron ATTEST: VOTING NAY Cossette, Tom _ Grabowski, Chuck _ Jacobs, Paul _ Lymangood, Chuck Thomas, Ron _ Whereupon, said Resolution is hereby declared passed. Dated this 8th day of December, 2005 Bea Lindberg, City Cle Thomas Cossette, Mayor City Seal