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HomeMy WebLinkAbout81-07 • • 81--07 RESOLUTION No. A RESOLUTION OF CITY COUNCIL OF THE TOWN OF LOS ALTOS HILLS ADOPTING A SECTION 125 FLEXIBLE SPENDING PROGRAM FOR EMPLOYEE BENEFITS WHEREAS, the City Council has considered the value of establishing a flexible spending program for employee benefits; and WHEREAS, the City Council wishes to comply with Federal regulations relating to the establishment of a flexible spending program that includes Internal Revenue Section 125 accounts; and NOW THEREFORE BE IT RESOLVED, the City Council of the Town of Los Altos Hills hereby adopts a Section 125 Flexible Spending Program for employee benefits; and RESOLVED FURTHER, the City Manager of the Town of Los Altos Hills, without further resolution, execute a Section 125 Plan document and any related documents or amendments which may be necessary or appropriate to adopt the program or maintain its compliance with applicable federal, state and local law. REGULARLY PASSED AND ADOPTED this 11th day of o ctob:p, 2007. BY: ( Craig .T. Jones,Mayor A ST: Karen:Jost, f445.k