06-85 - 12-19 - Establish Health Reimbursemnet Arrangement (HRA) for Employees Resolution 06-85 December 19, 2006
Member Pentel introduced the following resolution and moved its adoption:
RESOLUTION ESTABLISHING A HEALTH REIMBURSEMENT
ARRANGEMENT (HRA) FOR EMPLOYEES.
WHEREAS, the City Council deems it advisable to provide a health expense
reimbursement arrangement ("Plan") for certain current and former employees of the City of
Golden Valley effective January 1, 2007; and
WHEREAS, such Plan is intended to be a Health Reimbursement Arrangement
("HRA") within Sections 105 and 106 of the Internal Revenue Code of 1986 ("Code") and in
accordance with Revenue Ruling 2002-41 (June 26, 2002);
NOW, THEREFORE, BE IT RESOLVED, the City Council hereby authorizes
establishment of the Plan.
BE IT FURTHER RESOLVED, that the City Council of the City of Golden Valley
hereby authorizes and directs the City Manager to establish 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.
Linda R. Loomis, Mayor
ATTEST:
Susan M. Virnig, City Clerk
The motion for the adoption of the foregoing resolution was seconded by Member Shaffer
and upon a vote being taken thereon, the following voted in favor thereof: Freiberg,
Loomis, Pentel, Scanlon and Shaffer; and the following voted against the same: none,
whereupon said resolution was declared duly passed and adopted, signed by the Mayor
and her signature attested by the City Clerk.