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R-932 - 12/13/2005 - ICMA - Resolutions Supporting Documentsx'10 o '1r w I AGENDA ITEM Regular Board of Trustees Meeting of December 13, 2005 SUBJECT: Amendment of the Oak Brook Flexible Benefit Plan FROM: Jeff Moline, Assistant Village Manag , L - BUDGET SOURCE /BUDGET IMPACT: N/A, Employee Contributions RECOMMENDED MOTION: I move to approve a Resolution Amending the Village of Oak Brook Flexible Spending Program Background /History: Since 1997, the Village of Oak Brook has offered to its employees the ability to participate in a Flexible Benefits Program. This program, established under the Internal Revenue Code, allows employees to use pre -tax monies to pay for authorized medical expenses, dependent care, and health premium expenses, as opposed to using post tax monies This amendment simply increases the current level of money that can be pledged by eligible employees from $3,000 to $5,000 and extends the timeframe for using the pledged funds by two months. These changes are consistent with revisions in the Internal Revenue Code and have been requested by employees. Recommendation: Staff recommends the Village Board approve the attached resolution to, amend the current Oak Brook Flexible Spending Program. Last saved by Dmirnent3 Last printed 12/9/2005 3 24 PM n !' f 6 C. Community Development Referrals 1) Feley — 1 Meadowood Drive — Variation to Front Yard Setback D. Authorization to Seek Bids or Proposals or Negotiate Contracts: E. Budget Adjustments 1) Bath & Tennis Club — Paper Products 2) Fire Department F. An Ordinance Amending the Zoning District Map Concerning the Property Located at 2000 York Road, Oak Brook, IL G. An Ordinance Granting a Variation from the Provisions of Section 13- 10A -3C(l) of Title 13 ( "Zoning Regulations ") of the Village Code of the Village of Oak Brook Relative to Setback Requirements - 1110 Jorie Boulevard H. An Ordinance Granting a Special Use for a Drive -in Banking Facility - 1110 Jorie Boulevard — Special Use I. An Ordinance Amending Chapter 4 (Fees And Bonds) of Title 10 (Building Regulations) Of The Village Code of the Village of Oak Brook Relative To A New Fee and Bond Schedule Manager Boehm asked that this item be removed and discussed with item 10.E. J. An Ordinance Amending Chapter 5 of Title 8 of the Village Code of the Village Of Oak Brook, Illinois Relating to Water Charges Trustee Aktipis asked that this item be removed from the Consent Agenda for further discussion. K. Acceptance of the Grant of Easement from CenterPoint Properties Trust on the Property at 1808 Swift Drive OL A Resolution Amending the Village of Oak Brook Flexible Spending Program 7. ITEMS REMOVED FROM CONSENT AGENDA An Ordinance Amending Chapter 5 of Title 8 of the Village Code of the Village Of Oak Brook, Illinois Relating to Water Charges Trustee Aktipis asked that this item be removed from the Consent Agenda for further discussion. Trustee Aktipis reiterated his opposition to any increases in the water charges. He believed that the increase is both high and premature since there are no specifics available as to what is actually needed and what it would cost. President Quinlan noted that he had received additional information from the Public Works Department indicating that during 2005 there had been a record number of water main breaks and he commented that this was a major reason for his support of the water rate increase because it is evident that there are needs. VILLAGE OF OAK BROOK Minutes Page 4 of 31 December 13, 2005