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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