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HomeMy WebLinkAboutResolution 141-1997' RESOLUTION NO. 141-97 RESOLUTION APPROVING AN IRS SECTION 125 CAFETERIA PLAN DOCUMENT WITH FIRST AMERI AN ADMINI C STRATORS WHEREAS Resolution 82-93 adopted a Section 125 Cafeteria plan with Norwest Bank South Dakota,N.A. effective January l, 1993; and WHEREAS Norwest Bank South Dakota N.A. will cease providing administrarive services to the cafeteria plan effective December 31, 1997. NOW,THEREFORE, BE IT RESOLVED by the Brookings City Commission that the Commission hereby adopt the plan presented by First American Administrators entitled Brookings Cafeteria Plan under Code Section 125 to cover all eligible employees, effective January 1, 1998. BE IT FURTHER RESOLVED that the Human Resources Officer hereby be authorized and directed to execute a Cafeteria Plan Document setting forth the terms and conditions of the City of Brookings Plan. Passed and approved this 23rd day of December, 1997. n ayor 4 Aw� `i�`;��poearFo.,.s � U::�' M�R.9 ';� c��': 1883 :;� oo�.,y �s ».so Finance Officer