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RES 2000-11 FLEXIBLE BENEFITS PLANRESOLUTION NO. 2000-11 A RESOLUTION of the City of Bainbridge Island, Washington, approving a Flexible Benefits Plan consisting of a Cafeteria Plan including a Dependent Care Assistance Program and Health Care Reimbursement Plan and a Premium Conversion Plan. WHEREAS, the Flexible Benefits Plan will allow those employees who currently have a child enrolled in day care, those employees who are currently responsible for providing elderly care, those employees not fully covered by medical insurance and those employees with medical expenses not fully covered by the Association of Washington Cities medical insurance plan, to receive pre-tax deductions; and WHEREAS, both the City and its employees will benefit from reduced FICA payments; and WHEREAS, because of the reduced FICA taxes, there will be no net cost to the City for implementing the Flexible Benefits Plan; and WHEREAS, the City's Administration, the employees union the International Association of Machinists and Aerospace Workers and the labor management negotiations team all support such as plan; now, therefore THE CITY COUNCIL OF THE CITY OF BAINBRIDGE ISLAND, WASHINGTON, RESOLVES AS FOLLOWS: Section 1. Beginning May 1, employees of the City of Bainbridge Island will be eligible to enroll in the Flexible Benefits Plan allowing employees the opportunity to receive pre-tax deductions. Section 2. Duly authorized agents of the City of Bainbridge Island are authorized and directed to execute and deliver to the Administrator of the Plan one or more counterparts of the Plan. Section 3. The Administrator shall be instructed to take such actions that are deemed necessary and proper in order to implement the Plan, and to set up adequate accounting and administrative procedures to provide benefits under the Plan. Section 4. The duly authorized agents of the City of Bainbridge Island shall act as soon as possible to notify City employees of the adoption of the Flexible Benefits Plan by delivering to each employee a copy of the summary description of the Plan in the form of the Summary Plan Description presented at this meeting, which form is hereby approved. PASSED by the City Council this 26thday of April , 2000. APPROVED by the Mayor this 2 7 thday of Apr i 1 , 2000. D T SUTTON, Mayor ATTEST/AUTHENTICATE: SUSAN P. KASPER, City Clerk FILED WITH THE CITY CLERK: April 3, 2000 PASSED BY THE CITY COUNCIL: April 26, 2000 RESOLUTION NO 2000-11