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HomeMy WebLinkAboutResolution No. 93-C1150 0 RESOLUTION NO. 93-C115 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA AMENDING THE IRC SECTION 125 FLEXIBLE BENEFIT PLAN EFFECTIVE AUGUST 1, 1993 THE CITY COUNCIL OF THE CITY OF AZUSA DOES RESOLVE AS FOLLOWS: WHEREAS, at its regular meeting on June 21, 1993 the City Council adopted Resolution No. 93-C61 introducing the IRC Section 125 Flexible Benefit Plan effective August 1, 1993; and WHEREAS, the Flexible Benefits Plan document was prepared for Council's review and approval; and WHEREAS it has been noted that the elective contribution maximum referred to in Schedule A-1 of the document should be increased from $1,000 to $10,000 effective August 1, 1993. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Azusa does hereby approve the amendment to Schedule A-1 of the IRC Section 125 Flexible Benefit Plan. The City Clerk shall certify to the adoption of this Resolution. ADOPTED AND APPROVED this 20th day of September 1993. MAYO I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the City Council of the City of Azusa at a regular meeting thereof held on the 20thday of September, 1993. AYES: COUNCIL MEMBERS: DANGLEIS, MADRID, NARANJO, ALEXANDER MOSES NOES: COUNCIL MEMBERS: NONE ABSENT: COUNCIL MEMBERS: NONE oN�e�hc�u.md