HomeMy WebLinkAboutResolution No. 2005-094 Est of HRA Plan & Trust -- Health InsuranceM
RESOLUTION NO. 2005-94
ESTABLISHMENT OF A City Of Edina
HEALTH REIMBURSEMENT AGREEMENT (HRA)
PLAN AND TRUST
The undersigned, constituting the members of the City Council ("Council") of
the City of Edina, a Minnesota governmental entity, do hereby adopt the following
resolutions in writing, pursuant to applicable Minnesota law.
WHEREAS, the Council deems it be advisable to provide a health expense
reimbursement arrangement ("Plan") for certain current and former employees of the
City of Edina;
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);
WHEREAS, the Council deems it advisable to adopt a tax-exempt trust as
described in Section 501(c)(9) of the Code ("Trust") through which benefits provided
�- under the Plan will be funded;
WHEREAS, the Council deems it advisable to authorize Stanton Group to act on
behalf of the City of Edina in accomplishing the establishment of the Plan and
associated Trust;
NOW, THEREFORE, BE IT RESOLVED, the Council hereby authorizes
establishment of the Plan and Trust.
BE IT FURTHER RESOLVED, that this Council hereby authorizes and directs the
City Manager of the City of Edina to act on behalf of the City of Edina in accomplishing
the establishment of the Plan and Trust, 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. A \ \
Dated this 18TH day of October 2005.
ATTEST:
City Clerk
City Hall 952-927-8861
4801 WEST 50TH STREET I FAX 952-826-0390
EDINA, MINNESOTA, 55424-1394 www.cityofedina.com TTY 952-826-0379
STATE OF MINNESOTA )
e_ COUNTY OF HENNEPIN )SS
CITY OF EDINA )
CERTIFICATE OF CITY CLERK
I, the undersigned duly appointed and acting City Clerk for the City of Edina do hereby
certify that the attached and foregoing Resolution was duly adopted by the Edina City
Council at its Regular Meeting of October 18, 2005, and as recorded in the Minutes of
said Regular Meeting.
WITNESS my hand and seal of said City this day of , 20
City Clerk
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