City Manager

CITY OF HOMER

HOMER, ALASKA

RESOLUTION 03-04

A RESOLUTION OF THE HOMER CITY COUNCIL ADOPTING THE AFLAC CAFETERIA PLAN.

WHEREAS the City of Homer wishes to adopt a cafeteria plan within the context of Section 125 of the Internal Revenue Code for the benefit of the City of Homer’s eligible employees.

NOW THEREFORE BE IT RESOLVED the City adopts the Flexible Benefits Plan (consisting of the flexible benefits plan document, the Adoption Agreement, and component benefit plans and Policies) for the City of Homer effective March 1, 2003.

BE IT FURTHER RESOLVED, that the City Manager is authorized to sign the Adoption Agreement and any further related documents or amendments which may be necessary or appropriate to adopt the plan or maintain its compliance with applicable Federal, State and local law.

PASSED AND ADOPTED by the Homer City Council on this 13th day of January 2003.

CITY OF HOMER

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JACK CUSHING, MAYOR

ATTEST:

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MARY L. CALHOUN, CMC, CITY CLERK

Fiscal Impact: $450 Plan Enrollment fee from Acct. 600.5210.800, insurance fund, budgeted.