HomeMy WebLinkAbout6868RESOLUTION NO. 6868
A RESOLUTION AUTHORIZING THE CITY TO ENTER
INTO A CONTRACT WITH SK ADMINISTRATION COMPANY
TO PROVIDE THE ADMINISTRATION FOR EMPLOYEE SALARY
REDUCTION (CAFETERIA PLAN) FOR THE CITY OF PUEBLO EMPLOYEES
WHEREAS, the City of Pueblo has reviewed the feasibility
of providing flexible spending accounts to City employees, which
will allow many City employees to realize tax savings, and
WHEREAS, SK Administration Company will provide this service
for a set -up cost of $5,000, which should be offset by PERA
contribution savings during the calendar year 1992, and
WHEREAS, City employees who select this plan will be
responsible for monthly administrative costs; now therefore
BE IT RESOLVED BY THE CITY COUNCIL OF PUEBLO, COLORADO,
that:
The Director of Finance for the City of Pueblo shall
be authorized to enter into a contract with SK Administration Company
for the purpose of providing administration for flexible spending
accounts for the employees of the City of Pueblo.
;ECTION 2.
This resolution shall become effective immediately.
INTRODUCED: December 9 , 1991
BY: KENNETH HUNTER
Councilperson
APPRO
President of the Council
ATTEST:
r
City Clerk