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2018-2722018-272 Resolution Authorizing Agreement With Third -Party Administrator For Employee Flexible Spending Accounts At a Regular Meeting of the Town Board of the Town of Wappinger, Dutchess County, New York, held at Town Hall, 20 Middlebush Road, Wappingers Falls, New York, on November 26, 2018. The meeting was called to order by Richard Thurston, Town Supervisor, and upon roll being called, the following was recorded: ✓ Vote Record - Resolution RES -2018-272 Yes/Aye No/Nay Abstain Absent Q Adopted ❑ Adopted as Amended Richard Thurston Voter Q ❑ ❑ ❑ ❑ Defeated William H. Beale Seconder Q ❑ ❑ ❑ ❑ Tabled Angela Bettina Voter ❑ ❑ ❑ Q ❑ Withdrawn Robert Johnston Voter Q ❑ ❑ ❑ Michael Kuzmicz Mover Q ❑ ❑ ❑ The following Resolution was introduced by Councilman Kuzmicz and seconded by Councilman Beale. WHEREAS, the Internal Revenue Code authorizes employees to pay pre-tax earnings into a Flexible Spending Account or a Dependent Care Account (collectively "FSA") and such earnings are not subject to income taxes, and WHEREAS, the Internal Revenue Code provides an employer does not have to pay FICA tax on earnings paid into an FSA which would result in a savings to the Town; and WHEREAS, the Town has solicited several proposals from FSA Third -Party Administrators detailing the services provided to employees and the associated costs to the Town; and WHEREAS, Town Employees have expressed support for the opportunity to have FSA's; and WHEREAS, a contract for a Third -Party Administrator is a professional services contract not subject to competitive bidding; and WHEREAS, providing Town employees with the ability to contribute to their FSA's would be financially beneficial to the Town and its employees; NOW, THEREFORE, BE IT RESOLVED: The Town Board hereby authorizes the creation of Flexible Spending Account and Dependent Care Account for eligible Town Employees; 2. The Town Board hereby designates OCA to act as the Third -Party Administrator to manage the FSA's for the Town's employees. The Town Board hereby authorizes the Town Supervisor to execute an agreement with OCA to provide Third -Party Administrator services in accordance with the proposal attached. The foregoing was put to a vote which resulted as follows: RESULT: ADOPTED [UNANIMOUS] MOVER: Michael Kuzmicz, Councilman SECONDER: William H. Beale, Councilman AYES: Richard Thurston, William H. Beale, Robert Johnston, Michael Kuzmicz ABSENT: Angela Bettina Dated: Wappingers Falls, New York 11/26/2018 The Resolution is hereby duly declared Adopted. P. PAOLONI, TOWN CLERK