CCP 08-30-1993 - Laserfiche WebLink

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. , . Arden Hills Council 9 August 30, 1993 Person reported that the average interest request currently is $32.00. she added that if the City reimbursed one-half of the interest to current employees only, that would total approximately $170. councilmember Hicks commented that $170 is a sma 11 price to pay to deliver a good will message to current employees that the Council cares about this situation and realizes that it was not created by the employees. Councilmember Probst concurred adding that he would support the reimbursement suggested by the Administrator with the understanding that the entire matter would then be "put behind us" and no further reimbursement of any kind would be considered. Councilmember Malone commented that the Council has attempted to display good will to the employees with each past actions relative to the Section 125 Plan, including paying FICA and other reimbursements. He emphasized that al though it is true that the employees dld not create the situation, neither did the City intend for the situation to occur. . Malone asked why the recommendation lS to reimburse only current employees. Administrator Person replied that no requests have been received from former employees and they may be difficult to locate, and the City's primary responsibility is to current employees. MOTION: Malone moved, seconded by Aplikowski, to reimburse current employees who are charged by the IRS an additional interest based on the Arden Hills 1991 - 1993 Section 125 Plan up to one-half of the interest per year. This reimbursement is to be based on employee's interest as a result of income from the City (not household income) . Motion carried unanimously (5-0) . ADJOURN MOTION: Malone moved, seconded by Ap I ikowski , to adjourn the meeting at 8:22 p.m. Motion carried unanimously (5-0) . Thomas R. Sather, Mayor Dorothy A. Person, Clerk Administrator NOTICE OF MEETINGS: The next regular Councll meeting will be held September 13, 1993 at . 7:30 p.m.