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HomeMy WebLinkAboutResolution 95-256 10/02/1995 s®~.~~~®~ 95-256 1 of e City of Petals, Cifornia 2 3 4 RESOLUTION ESTABLISHING A S SECTION 125 I.R.C. CAFETERIA .PLAN 6 HEALTH PLAN CASHBACK 7 8 9 WHEREAS the City of Petaluma has agreed to establish a 10 Health Plan Cashback in the Memorandum of Understanding between 11 the City and the Petaluma Peace Officers' Association; 12 13 AND WHEREAS the Compensation Plans for the following 14 employee units - Confidential (Unit 1), Professional (Unit 4), 15 Management (Unit 8), and Midmanagement (Unit 9), provide for a 16 Health Plan Cashback; 17 18 AND WHEREAS Internal Revenue Codes require that this 19 type of plan be authorized through Section 125 of the Internal 20 Revenue Code; 21 22 THEREFORE BE IT RESOLVED that the City of Petaluma 23 establish a Section 12.5 Plan for the implementation of the Health 24 Plan Cashback. 25 Under the power and authority conferred upon this Council by the Charter of said City. REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the Approved as to Council of the City of Petaluma at a (Regular) (Rg~meld)C~f~D~C3meeting form on the .....2~nrl............ day of ............OrCx4taex 19...9.5. by the - following vote: City Attorney AYES: Hamilton, Maguire, Read, Vice Mayor Shea NOES: None ABSENT: Stomp , Barl Hilligoss ATTEST: .-•----•,---....Af...k11..., City Clerk Vice Mayor Qouaril Fi . CA 10~B5 Res. No...~~:..~.~ N.C.S. ~ ~ ' y.