ADOPTED - DECEMBER 14, 2010

                                                                                                                                                   Agenda Item No. 15

Introduced by the County Services and Finance Committees of the:

INGHAM COUNTY BOARD OF COMMISSIONERS

RESOLUTION TO AUTHORIZE START-UP FUNDS FOR

NEW FLEXIBLE SPENDING ACCOUNT VENDOR

RESOLUTION #10-390

WHEREAS, the Ingham County Board of Commissioners has, effective January 1, 2011, contracted with a new Flexible Spending Account Vendor; and

WHEREAS, the new Vendor, Infinisource, pays claims out of an established bank account; and

WHEREAS, employees may submit and have claims processed before the amounts are actually collected from the employee’s paycheck withholding; and

WHEREAS, the County must fund the account effective January 1, 2011; and

WHEREAS, $15,000 has been determined to be an appropriate amount for initial start-up funding for the account.

THEREFORE BE IT RESOLVED, that the Ingham County Board of Commissioners authorizes the Ingham County Treasurer to transfer $15,000 to a bank account to service claims under the County’s flexible spending account.

BE IT FURTHER RESOLVED, that the Ingham County Board Chairperson and County Clerk are authorized to sign any contract documents consistent with this resolution after approval as to form by the County Attorney.

COUNTY SERVICES:  Yeas:  Copedge, Schor, Celentino, Grebner, McGrain, Vickers

   Nays:  None        Absent:  None            Approved 12/7/10

FINANCE:  Yeas:  Grebner, Tennis, Bahar-Cook, Schor, Holman, Dougan

Nays:  None        Absent:  None            Approved 12/8/10