RES-2000-007 Resolution for ABC Board Retiree Health Insurance

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-f V\C--'p 5 ca'0 2 /00- .2060 Attachment Resolution Orange County ABC Board Retiree Health Insurance WHEREAS, Orange County provides health insurance benefits to eligible employees retiring from County service, and WHEREAS., the Board of County Commissioners has encouraged the Orange County ABC Board to extend the retiree health insurance benefit that it had in place prior to January 1, 1998 to all its eligible employees, and WHEREAS., the ABC Board at its December 21, 1999 meeting has decided to provide this benefit to eligible employees retiring from ABC Board service, including those hired after January 1, 1998 and WHEREAS, the Board of County Commissioners acknowledges that the payment of this benefit impacts the profit distribution Orange County receives from the ABC Board, and WHEREAS, the impact of the change in retiree health insurance on the ABC Board distribution to the County can be absorbed with manageable effect on the overall County budget, NOW THEREFORE BE IT RESOLVED THAT: 1. The Orange County Board of Commissioners supports the ABC Board's decision to extend the prior to January 1, 1998 retiree health insurance benefit to all eligible employees of the Orange County ABC Board. 2. The Orange County Board of Commissioners understands that the cost of this benefit is to be budgeted and paid from the regular operating expenses of the ABC Board. 3. Any reduction in the profit distribution from the ABC Board as a result of the retiree health insurance change is hereby acknowledged by the Board of County Commissioners and will be absorbed in the County general fund budget. Adopted this the day of 1999. Chair Orange County Board of Commissioners 1, Beverly A. Blythe, Clerk to the Board of County Commissioners for the County of Orange, North Carolina, do hereby certify that the above resolution was adopted by the County Commissioners at a meeting of the Board on 1999.