HomeMy WebLinkAbout21-049CITY OF LAKEVILLE
RESOLUTION NO. 21-49
Resolution Approving Amendment to the City of Lakeville and Lakeville Arenas Flexible
Benefit Plan
WHEREAS,the City of Lakeville and Lakeville Arenas Flexible Benefit Plan provides for the
Dependent Care FSA component to qualify as a "dependent care assistance plan" under Code
section 129; and
WHEREAS,the American Rescue Plan Act of 2021 (ARPA) was signed into law on March 12,
2021 allowing Plan Sponsors to increase the maximum annual non-taxable benefit for 2021
under a dependent care assistance plan under Code section 129.
NOW, THEREFORE, BE IT RESOLVEDthe City Council of the City of Lakeville approve the
amendment to the City of Lakeville and Lakeville Arenas Flexible Benefits Plan.
ADOPTED by the Lakeville City Council this 3rd day of May 2021
CITY OF LAKEVILLE
DouglasP. • •Mayor
AT ST:
1:
Charlene Friedges, City C