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HomeMy WebLinkAboutResolution 91-024 approval of lovitt and touche to administer the town's tax benefits planRESOLUTION 91-24 WHEREAS the Marana Town Council on November 5, 1991 approved the creation of an I.R.S. Section 125, Pre-Tax Benefits Plan for the Town of Marana. WHEREAS the establishment of a Town Council approved Section 125 plan satisfies the IRS legal requirements for an approved plan. WHEREAS a properly structured and administered Section 125 Pre-Tax Benefits Plan will reduce the Town's employee deduction expenses while improving the Town's employees take home pay. WHEREAS, Amos, Lovitt and Touche is the'most responsive and competitive provider for the administration of the proposed new plan document, agreement and Benefits Plan and Policies. Now Therefore Be It Resolved that Amos, Lovitt and Touche be approved to administer the Town's established Section 125 Pre-Tax Benefits Plan, providing all appropriate documentation of such plan to the Town, its employees and the Town's auditors. Passed by the Marana Town Council this 19th, day of Novem- ber, 1991. MAYOR ATTEST: Date Signed: //-/?- ?/